TBG Holdings Announces Letter of Intent to Acquire Its Second Railroad Company

FT. LAUDERDALE, FL, Dec 11, 2013 (Marketwired via COMTEX) — 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.


01/22/14 (Columbia, Mo): Dinner Train Under New Ownership

Columbia Star Dinner Train Inc., owner and operator of the Columbia Star Dinner Train (www.dinnertrain.com), a Columbia tourist attraction since 2011, was purchased on November 2, 2013 by long time dinner train operator Train Travel Inc. (www.traintravelinc.com). Train Travel Inc. has been operating dinner and retail train operations for over 29 years, providing memorable train experiences to over 3,000,000 passengers.

Under Train Travel’s ownership, the Columbia Star Dinner Train will expand its Premium Dinner Train schedule, enhance the Sunday Brunch Train and offer Children’s pricing, offer new entertainment trains featuring murder mystery and musical performances, offer lunch trains, new children’s entertainment trains and increase tour groups visiting the Columbia Missouri area. Many of these trains have already been incorporated in the Company’s 2014 Schedule which was placed in its website last week. With these service enhancements and changes to the train’s reservation policy, and the inclusion of new passenger railcars for the train, the Columbia Star Dinner Train’s anticipates handing 75,000 passengers a year within two years. The Company will package tours utilizing local Columbia area travel partnerships and promotion of local Columbia area attractions.

Since purchasing the company in November, Train Travel Inc. has been quietly upgrading the features of the train equipment, re-training its staff and upgrading its web presence and marketing.

B. Allen Brown II, President & CEO of Train Travel Inc. stated: “We are delighted to be in the Columbia Missouri area and look forward to working with the City of Columbia, the Convention and Visitors Bureau, and other stakeholders to increase tourism in Columbia and add to local jobs and the local economy. Our train schedules are designed to provide a meaningful train experience to people of all ages. Train Travel’s Iowa Star Clipper Dinner Train was the first modern dinner train in North America and our Company has been building upon this unique concept ever since.”

The Columbia Star Dinner Train boards at 6501 North Brown Station Road in Columbia within the gated COLT Transload facility.

For more information on the Columbia Star Dinner Train visit www.dinnertrain.com. For more information on Train Travel Inc. visit www.traintravelinc.com.

ISSUED BY: B. Allen Brown, President & CEO

(248) 960-9440, Ext. 107 or (573) 474-2223