X Rail Asset Fund 1 A Limited partnership for the construction and ownership of passenger railcars for leaseback to run on national routes Investment Opportunity Financing of railcars to be deployed by X Train on existing selected urban rail routes X Train cars can be coupled to the back of existing trains The Partnership is in the business of providing financing to X Train Corp. for passenger rail cars which X Train will lease back from the Partnership once refurbished. X train will do the work out of its new facility in Las Vegas, Nevada. Expected Yields Cash on Cash are anticipated to be in the 30%+ range per year. The Partnership retains ownership of the rail car assets after the three year lease term is up. Fund Metrics LVRE is General Partner Investors receive 80% of the net cash quarterly after operating expenses Partnership will build 2 railcars per $1.5 million Cash Dividends are paid Quarterly to Limited Partners Upon completion of construction and certification by Amtrak, lease payments of $35,000 per month per car begin to Partnership. The General Partner The X Train is the General Partner for the partnership www.vegasxtrain.com We will manage all affairs of the partnership including investor relations, accounting, K-1 preparation & distribution and supervise all construction on the rail car assets We are based in Las Vegas and are publicly traded under the symbol XTRN on the OTCQB Our auditors are BDO The Market Demand The passenger rail industry does not provide an upscale commuter service offering Passenger Ridership Growth Amtrak Ridership 31.2 mm Ridership Growth 1997-2012 55% Metro Ridership % 88% 10 Busiest Metro Ridership % 63% Calif./NYC Train ridership grew by 55 percent since 1997, faster than other major travel modes, and now carries over 31 million riders annually, an all-time high. Ridership Concentration Route Profitability Club X Press Railcars are fitted out to include comfortable seating and an onboard food service section, serving quality meals provided by Masterpiece Cuisine. Upscale business environment for commuters Club Xpress Class Interior 48 Seat Club Xpress Luxury Car Car Transformation X Train purchases existing railcars which have come off service and refurbishes them in its car facility. Refurbishment Facility All of our railcar refurbishment work has been done out of our Whiteland, Ind. Shop, just south of Indianapolis. Our work going forward will be completed in our new facility here in Las Vegas, Nevada Production 2014 Car Production Plan Keystone Grill Running Car Totals Mohave LP Starts 2 Cars JAN FEB 2 Cars 2 Cars Start Release Jan 10th Refurb in Move to Indiana Vegas/LA Feb 1, 2014 start Luxury service Grill on Surfliner Luxury Feb 2014 Lounge 4 Cars MAR APR 2 Cars Complete Refurb in Indiana Feb 1, 2014 Deploy to West Coast 4 Cars 8 Cars 8 Cars 12 Cars 12 Cars 16 Cars 16 Cars 20 Cars MAY JUN JUL AUG SEP OCT NOV DEC 20 Cars 2015 Leased cars from Mid America Railcar -3 year term can deploy cars ahead of LP car production to start routes, revenue, and market coverage X Rail Fund 1 Partnership Railcar Production 2014 Start 2 Cars 2 Cars 2 Cars 2 Cars 2 Cars 8 Cars Greenbrier Express, Pottstown, PA 13 Low Level Cars Conversion to Grills & Lounges Cars are on hand and ready for conversion Start 2 Cars 2 Cars Ahern Xtreme Manufacturing, Elwood, KS and Las Vegas, NV Gallery Car Conversions to X Club Cars Gallery Cars from will be moved for conversion utilize 14 cars from X Train and additional purchases 2 Cars 2 Cars 8 Cars Financial Metrics FINANCIAL METRICS Per Car Total Cash Invested Acquisition Costs Refurb Costs Total Construction Cost Administrative Cost Commission Total Capital Depreciation Number of Cars Total Investment $5,000,000 $100,000 $6 $600,000 $750,000 $6 $4,500,000 $850,000 $5,100,000 $100,000 0.00% 0 $5,200,000 14% $728,571 Total Investment Cash $5,200,000 Total Capital Raised Net Capital (residual) Depreciation Period $5,200,000 $4,371,429 $728,571 7 All forecasts included in this presentation are purely for illustrative purposes and are not be be construed as a guarantee of actual results. Operating Metrics OPERATING METRICS Calendar Year 1 Calendar Year 2 Calendar Year 3 Lease Revenue/Car/Month Cars Deployed Months deployed Cash Balance Lease Revenue Depreciation Calendar Year 4 $35,000 6 8 6 12 6 12 6 4 $1,680,000 $2,520,000 $2,520,000 $840,000 $728,571 $728,571 $728,571 $728,571 $16,000 $16,000 $19,600 $24,000 $24,000 $25,200 $24,000 $24,000 $25,200 $8,000 $8,000 $8,400 Operating Expenses Administrative Fee Travel GP Fee 1% Car Construction Costs $5,100,000 Total Cash Outlay $5,151,600 $73,200 $73,200 $24,400 Opening Cash Balance Cash Balance $5,200,000 $1,728,400 $2,446,800 $2,446,800 $815,600 Financial Metrics Return on Investment Year 1 Year 2 Year 3 Year 4 Total Cash paid out $1,382,720 $1,957,440 $1,957,440 $652,480 Cumulative Cash Paid Out $1,382,720 $3,340,160 $5,297,600 $5,950,080 Residual Value $4,371,429 $3,642,857 $2,914,286 $2,185,714 Total LP Interest Value $5,754,149 $6,983,017 $8,211,886 $8,135,794 Cash on Cash ReturnAnnualized 26.59% 37.64% 37.64% 12.55% Cumulative Cash on Cash Return 26.59% 64.23% 101.88% 114.42% Residual Value ROI-Annualized 84.07% 70.05% 56.04% 42.03% 110.66% 134.29% 157.92% 156.46% Total ROI Including Residual All forecasts included in this presentation are purely for illustrative purposes and are not be be construed as a guarantee of actual results. How to Subscribe Accredited Investors Only Request subscription documents and PPM Execute Subscription documents Company suitability review Wire funds to Partnership Company executes documents & delivers certificate of ownership in the partnership.