Vanell Corp. Announces Name Change to Train Travel Holdings Inc. and 5 for 1 Forward Stock Split
April 04 2014 - 8:16AM
Marketwired
Vanell Corp. Announces Name Change to Train Travel Holdings Inc.
and 5 for 1 Forward Stock Split
FT. LAUDERDALE, FL--(Marketwired - Apr 4, 2014) - This morning
Vanell Corp. (OTCQB: VANL) announced that the Financial Industry
Regulatory Authority (FINRA) has approved the previously announced
corporate action regarding its name change from Vanell Corp to
Train Travel Holdings Inc. FINRA has also confirmed that the
requested trading symbol, "TTHX" has been approved. A five-for-one
forward stock split has been approved, effective April 4, 2014.
"This is a really positive step forward for the Train Travel
Holdings shareholders," said Neil Swartz, CEO of Train Travel
Holdings Inc. "Having the name and symbol coordinate with the
business and mission of the company presents a cohesive image to
the marketplace. As an acquisition-minded company, this capital
structure is much more suited for TTHX." Existing shareholders of
VANL common stock will now receive 5 shares of new common stock.
There is no action required on the part of shareholders.
Train Travel Holdings has assembled a stellar management team to
create solid growth and is close to completing the acquisition of
our first entertainment railroad asset, the Columbia Star Dinner
Train, an established dinner train company with nearly 30 years of
successful operating experience and over 3,000,000 satisfied
patrons. Train Travel is currently operating the Columbia Star
Dinner Train in Columbia, MO, and beginning to build out the
company as a model for future entertainment railroad acquisitions.
Train Travel is also considering other similar companies and is in
the due diligence research phase, prior to presenting formal
offers.
Train Travel Holdings will continue to grow shareholder value by
selectively investing in entertainment trains across the US and
Canada. Our goal is to provide customers a destination package on a
real moving train that creates a memorable dining and entertainment
experience. We will acquire existing excursion railroads in various
locations around the globe, and enhance the quality of the travel
experience to spotlight the best features of each locale and
develop a reputation for being the premiere destination in each
region.
ABOUT Train Travel Holdings: Train Travel Holdings Inc., a
Florida Corp, was established to own 100% of the assets of Train
Travel Inc., a Delaware Corp. A rollup of an increasing number of
entertainment railroad companies will be Train Travel Holding's
prime objective, allowing investors to share in the benefits of
this ownership. Through a series of targeted acquisitions and
organic growth, Train Travel Holdings Inc. plans to grow
shareholder value. The Company's goal is to capture a significant
percentage of the market share, thus establishing a dominant
presence in the industry.
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: Francis Fytton 954-440-4678
info@tbgholdings.com
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