TBG Holdings Announces Letter of Intent to Acquire Its Second Railroad Company
11 Diciembre 2013 - 1:50PM
Marketwired
TBG Holdings Announces Letter of Intent to Acquire Its Second
Railroad Company
FT. LAUDERDALE, FL--(Marketwired - Dec 11, 2013) - This morning
TBG Holdings Corp released the news that this week it has moved to
acquire its second railroad company, and has signed a letter of
intent to purchase Train Travel Inc. (TTI). TTI is an
established entertainment railroad company with nearly 30 years of
successful operating experience and over 3,000,000 customers
served. TTI currently owns and operates three locomotives and
multiple theme cars. This acquisition will follow closely
behind TBG's August 2013 announcement regarding its investment in
Continental Rail Corp (OTC Pink: CRCX), a publicly traded shortline
and regional railroad company.
"Being involved in the railroad business, we saw a great
opportunity for building a company to consolidate and acquire
entertainment railroads across the country, and beyond," said Neil
Swartz, CEO of TBG Holdings Corp. "We are excited to have found
such exceptional, experienced leadership for the new company in the
person of B. Allen Brown, founder of Railmark Holdings Inc. It
is our intention to take TTI public through an RPO with one of
TBG's public company assets."
The CEO of Train Travel Inc., B. Allen Brown stated, "TTI's
management is certain that the entertainment train niche is an
under-exploited market opportunity. There are currently
numerous entertainment-related trains operating in the North
American continent. Many US states and Canadian provinces are
completely untapped, offering a magnificent market share
consolidation opportunity for investors with foresight. "
TBG Holdings and TTI will be immediately building out and
expanding the business it already owns -- the Columbia Star Dinner
Train, located in Columbia, Missouri, and seeking out other
promising entertainment trains that can be acquired by TTI.
ABOUT TBG Holdings: TBG Holdings Corp ("TBG") is a financial and
business advisory consulting firm that works with public and
private companies, to bring a sophisticated and efficient approach
to structuring their capital, allowing them to take advantage of
the existing foundation and continued development. Their
comprehensive understanding of the market, trends, and issues
positions us as integral members of our client's team, working
collaboratively to achieve their objectives. TBG provides a
full range of business services which include marketing and sales
support, financial advisory, capital formation and accounting to
their clients and portfolio companies. TBG Holdings Corp's
portfolio companies include Continental Rail Corp (OTC Pink: CRCX)
and Monkey Rock Group, Inc. (OTC Pink: MKRO).
Safe Harbor Statement The information posted in this release may
contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. You can identify
these statements by use of the words "may," "will," "should,"
"plans," "explores," "expects," "anticipates," "continue,"
"estimate," "project," "intend," and similar expressions.
Forward-looking statements involve risks and uncertainties that
could cause actual results to differ materially from those
projected or anticipated. These risks and uncertainties include,
but are not limited to, general economic and business conditions,
effects of continued geopolitical unrest and regional conflicts,
competition, changes in technology and methods of marketing, and
various other factors beyond the Company's control.
Investor Relations: H. Francis Fytton 2929 Commercial Blvd, PHD
Ft Lauderdale, FL 33308 954-440-4678
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