LAS VEGAS, NV , Dec. 21, 2017 (GLOBE NEWSWIRE) -- X Rail Enterprises, Inc. (OTC PINK: XREE) www.xrailentertainment.com, a company that is developing passenger rail service from Southern California to Las Vegas, announced today the appointment of veteran financial and communications executive Michael Mason as Executive Vice President, effective immediately. Mason will report directly to CEO Michael Barron.
Mr. Mason is a proven Investor Relations and Capital Markets professional with 18 years of experience working with the financial community. He has a record of accomplishment of successfully developing and executing strategic investor relations programs to drive significant shareholder value.
Most recently, Mr. Mason was Vice President of DresnerAllenCaron an Investor and Media Relations agency based in Chicago, where he designed and executed various programs to increase both company exposure and shareholder value.
“Mike’s business expertise, in terms of helping build and implement and manage effective financial and investor related activities, are of critical importance at this very promising time for X Rail Enterprises,” Mr. Barron said.
“He has a vast network of contacts with buy-side and sell-side analysts, portfolio managers, hedge fund managers, family offices and investment bankers across the US. Mike’s knowledge of our business, coupled with his deep understanding of investor relations and the capital markets landscape will better position us as we begin our iconic operation. Mike has represented clients in the United States, Europe, South Africa and Australia. In particular, he has a very good background in transportation having worked with international shipping companies in container, dry bulk and oil tankers. We believe that industry knowledge is a very good fit for us.”
Barron continued, “Based on the success of our recently launched X Wine Railroad service in California, where we are currently expanding our operations due to high demand, we are all very excited about the possibilities for our train services, particularly the express train project designed to link Las Vegas to Southern California. We are all very pleased to have an executive of Mike’s caliber aboard and we welcome him to the team.”
Prior to DresnerAllenCaron, Mr. Mason spent 16 years, from 1999-2015, as a Vice President at Allen & Caron, an investor relations and communications agency based in New York with offices in Irvine, CA and London. While at Allen & Caron he acted as the primary liaison between the financial community, including buyside and sellside analysts, investment bankers and his clients.
He holds a Juris Doctor (J.D.) degree from Benjamin N. Cardozo School of Law where he was a member of the Cardozo Arts and Entertainment Law Journal, one of the country's most widely read and respected law journals. Before attending law school, he was awarded a Bachelors of Science Degree in Business and Marketing from Rutgers University.
About X Rail Entertainment, Inc. (OTC PINK: XREE)
X Rail Entertainment, Inc. Is in the rail service business and operates specialty passenger trains from metropolitan areas in the US to resort gaming/casino destinations. XREE has three operating divisions, Las Vegas Railway Express (an LA to Vegas passenger train), X Wine Railroad, and Club X -- our membership club. The company owns a licensed IATIAN travel agency, X Train Vacations which books excursion rail travel for passengers. www.xrailenterprises.com or http://www.vegasxtrain.com.