Passenger Trains > X-Train to quit, promote Amtrak service resumption

A report has come in that says Las Vegas Railway Express, the "X Train," has given
up on its plans to operate its own train, and is now pushing for a resumption of
Amtrak service between Los Angeles and Las Vegas, with its own cars tacked onto
the rear end. An Amtrak spokesperson has confirmed that "X Train" has approached
Amtrak with the idea.

The report says X-Train is dropping its agreement with Union Pacific to run a passenger
train on UP tracks.

Can't wait for this thread to develop. Wonder how much loot these bandits ended up with?

Plans for party train between Las Vegas-L.A. derailed
Las Vegas Review-Journal
Nov. 14 2013
by TIM O’REILEY

> The party has ended before it began on train travel between Las
> Vegas and Los Angeles.
>
> For four years, penny stock company Las Vegas Railway Express has
> promoted its idea to restart rail service between the two areas
> using conventional equipment outfitted for a good-time ride, what it
> calls the X Train.
>
> But in its second-quarter report filed Tuesday, the company
> disclosed that it had scrapped its previously announced strategy of
> raising $100 million to launch the service, including paying the
> Union Pacific Railroad $67 million to improve and expand its tracks
> between Las Vegas and Daggett, Calif.
>
> As a result, the company forfeited a $600,000 deposit paid to Union
> Pacific last year...

> The quarterly report said the company will pursue an “off balance
> sheet” deal being put together by unidentified investors to restart
> Amtrak service for the first time since 1997, with X Train party cars
> attached.
>
> Amtrak spokeswoman Vernae Graham said in a statement, “They have
> approached us but we have no agreement”...

Full story:

Plans for party train between Las Vegas-L.A. derailed



Edited 1 time(s). Last edit at 11/14/13 14:45 by GenePoon.

masterphots Wrote:
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> Can't wait for this thread to develop. Wonder how
> much loot these bandits ended up with?

They "claim" they made a million plus in profit in the last quarter. Must have sold a lot of T shirts.

OliveHeights Wrote:
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> They "claim" they made a million plus in profit in
> the last quarter. Must have sold a lot of T
> shirts.

============================================

A million plus in profit?

Heck, why should anybody actually run trains? Just SAY you are going to run trains,
but sell T-shirts instead!

How could you lose????

Bidhitter? Bidhitter?

msdgbar Wrote:
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> Please no comments to this comment.I don't want to
> start a flame war here.But why don't we force
> Obama to give us some of money from the Affordable
> Health Care Act to help pay for it?Seemings he's
> taking it from us anyway.

---

I meant what i said.No comments.

The other shoe has dropped!!

(referring to X-train, no comment on Obamacare)



Edited 1 time(s). Last edit at 11/14/13 16:16 by barrydraper.

msdgbar Wrote:
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> I meant what i said.No comments.


If you meant it then you wouldn't have written it.

"If you have nothing nice to say, don't say anything at all"

barrydraper Wrote:
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> The other shoe has dropped!!


What other shoe? There was a second shoe? I thought it was clear from the beginning.

msdgbar Wrote:
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> I meant what i said.No comments.

Once you pay for my yearly membership you'll be able to tell me when and when I can't post, until then you can go pound sand.

Well said, Sir

It SEEMED like a good idea. Was it not?

Bad idea, or bad leadership?

/Mitch

defect_detector Wrote:
-------------------------------------------------------
> msdgbar Wrote:
> --------------------------------------------------
> -----
> > I meant what i said.No comments.
>
> Once you pay for my yearly membership you'll be
> able to tell me when and when I can't post, until
> then you can go pound sand.

i have pounded sand ... it's not as fun as it's cranked up to be

Out_Of_Service Wrote:
-------------------------------------------------------
> defect_detector Wrote:
> --------------------------------------------------
> -----
> > msdgbar Wrote:
> >
> --------------------------------------------------
>
> > -----
> > > I meant what i said.No comments.
> >
> > Once you pay for my yearly membership you'll be
> > able to tell me when and when I can't post,
> until
> > then you can go pound sand.
>
> i have pounded sand ... it's not as fun as it's
> cranked up to be

Lots of sand to pound between Los Angeles and Las Vegas!

X-train could never have broken even due to the cost of operation and equipment maintenance. Probably can say the same about the other issue raised in this thread. Good ideas often cannot be brought to fruition due to a lack of enough due diligence in the development process. In both cases there wasn't nearly enough spade work done early on.

-John

I'm shocked....SHOCKED I tell ya! Who ever would have guessed that the X-Train would never come to fruition? And here this whole time I was trusting BidHitter. (Yes all tongue-in-cheek for those who can't figure it out....no, I am NOT shocked).

From 200 mph excitement, lots of PR, Harry Reid getting his puss in the news, lots of CO2 being generated -- down to a lousy plea for the resumption of Amtrak service. What a comedown.

Could this further morph into a Desert Wind, assuming 3 & 4 get truncated to KC ?
(Yes, there is a cost also to rerouting onto the Transcon that no one will want to pay).