American Train Vacation (ATA) is your destination for an assortment of train vacations and train trips. Our train tours and rail vacations stop at a variety of exciting locations throughout the United States.

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Business and investment review
AMERICA’S TRAINS INC.

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AMERICA’S TRAINS INC.
For more product details go to:
“Introduction”
“Individual Journeys by Rail”
“Train’Shares”
“Fractional Interests”
at www.americantrainvacations.com or on Youtube.

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Preeminent luxury vacations
On the world’s finest passenger rail cars
AMERICA’S TRAINS INC.

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Secure investment and favorable earnings
with a bonus -
luxurious leisure travel
Be a preferred stock owner
AMERICA’S TRAINS INC.

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America’s Trains Inc. provides an ideal coupling of individual
Journey by Rail vacations on and the sale of shared ownership of
distinctive, luxurious passenger train Cars.
“Journeys by Rail uniquely redefine luxury vacations
with impeccable hospitality and fulfilling experiences
not otherwise available”
INTRODUCTION
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America’s Trains

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INTRODUCTION
The combination of market dominance, suitably limited capacity and
surplus demand augments this most lucrative new high growth,
scalable, American leisure/travel business; with expedited sustainable
revenue, elimination of possible adverse issues, and desirable profits.
See America on board luxurious private rail Cars
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America’s Trains

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INTRODUCTION
Management’s unsurpassed railroad, timeshare, transportation
and vacation industry skills gives America’s Trains essential
proficiencies.
See America on board luxurious private rail Cars
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America’s Trains

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INTRODUCTION
Earlier rail Car acquisition activities ended and business progress was
purposely delayed for a few years to avoid unfavorable economic
conditions. Revitalized business development began in late 2014 after
confirming that luxury vacation, timeshare and passenger rail markets
did and would continue to more than adequately support ongoing
objectives.
See America on board luxurious private rail Cars
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America’s Trains

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INTRODUCTION
Development of Journey by Rail products has been completed to
the extent necessary to offer them for sale. The ‘time to market’ for
primary vacation services is ‘zero’; selling activities are beginning.
Participation can be extremely rewarding
To provide for accelerated growth, the Company is appropriately
enhancing already adequate management, operating, and funding
capabilities.
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America’s Trains

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60 older Cars are acquired and improved within five years, including:
• 42 sleeping, lounge, dining Train Set Cars with 175 bedrooms.
RAIL CARS
Train Sets
- Summary
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60 older Cars are acquired and improved within five years, including:
• 42 sleeping, lounge, dining Train Set Cars with 175 bedrooms.
• 7 self sufficient Private Cars with 2 or 3 bedrooms each.
RAIL CARS - Summary
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Private Cars

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60 older Cars are acquired and improved within five years, including:
• 42 sleeping, lounge, dining Train Set Cars with 175 bedrooms.
• 7 self sufficient Private Cars with 2 or 3 bedrooms each.
• 6 Display Cars.
RAIL CARS
Train Sets
- Summary
Display Cars
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60 older Cars are acquired and improved within five years, including:
• 42 sleeping, lounge, dining Train Set Cars with 175 bedrooms.
• 7 self sufficient Private Cars with 2 or 3 bedrooms each.
• 6 Display Cars.
• 5 Activity Cars.
RAIL CARS - Summary
Activity Cars
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60 older Cars are acquired and improved within five years, including:
• 42 sleeping, lounge, dining Train Set Cars with 175 bedrooms.
• 7 self sufficient Private Cars with 2 or 3 bedrooms each.
• 6 Display Cars.
• 5 Activity Cars.
RAIL CARS - Summary
The total cost to acquire and improve 60 Cars is about $38.5 million,
an average of $641,667 each, and up to $788,000 per Car (Dome Car).
This cost is well below the market value of the finished Cars.
The optimal rate of Car acquisition corresponds to the Company’s ‘pull’
and related just-in-time inventory business strategy that produces more
Car accommodations only when needed, avoiding surplus capacity and
costs; versus ‘push’ selling that needs to persuade consumers to acquire
existing inventory.
Initial Car rights have been acquired. Improvements are under way or
starting soon and Cars will begin to enter service in 2016.
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- Funding CriteriaRAIL CARS
Journey by Rail product sales are typically made from several months to a
year in advance of related departures, which is longer than it takes to fully
improve and place a Car in service.
Cars can be acquired and improved after sales are confirmed;
before the first related departure date. Backup Cars are available in case
there is an unexpected delay. Sufficient sales income is held to pay the
cost of Cars to assure that they are available when required.
Overall passenger capacity growth is based on a ‘pull’ strategy using
available consumer demand to generate sales of one Car which produces
net revenue to pay for other Cars which generates more net sales revenue
to pay for additional Cars; and so on.
Therefore,
Therefore,
Ongoing consumer pull/demand = Sales and revenue = More Cars and passenger capacity
capital investment to acquire a couple of rail Cars provides
enough inventory to generate sales revenue to pay for more Cars.
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- Car FinancingRAIL CARS
*Documentation for a $5 million Federal Railroad Administration RRIF
loan with favorable terms is complete, but on hold until a related need is
confirmed.
Although funding one Car can produce adequate inventory and revenue
to effectively progress, added financing provides expedited inventory to
support aggressive sales activities.
Present stock offering funding is for $1million. However, excess demand
might quickly make it appropriate to acquire more financing to accelerate
Car introduction ahead of present forecasts. This could include a second
round of equity funding at higher share prices, or an equipment loan* for
Cars.
Minimum
$650,000
Present
$1,000,000
Tentative
$5,000,000

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Equity funding of $1 million provides capital to pay amounts owed for
two Cars and to complete improvements of the 1st
. Two additional
follow-up Cars have been selected; rights to more exist.
The 1st
Car is a three bedroom/dining/lounge Car costing $600,000 to
acquire and improve.
• 144 annual weekly Journey by Rail/Train’Share time periods (three
bedrooms X 48 weeks); sufficient inventory for up to six months.
• Net sales revenue that is allocated for and exceeds amounts needed
to complete Car improvements of a 2nd
and to acquire a 3rd
Car.
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It provides:
This and/or other Cars may be replaced by preferred alternatives
- Initial CarsRAIL CARS
After
improvements

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The 2nd
Car is a dome Car with three bedrooms, dining and lounges. The
total improved cost is $850,000.
• An additional 144 Journey/Train’Share time periods; adding inventory
for a few more months, at an accelerating rate of sales.
• Allocated sales revenue exceeding the amount necessary to complete
Car improvements of the 3rd
and to acquire additional Cars.
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Current
photograph
It provides:
After
improvements
- Initial CarsRAIL CARS

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Cars are fully improved by America’s Trains.
• Mechanically; up to Amtrak specifications plus added capabilities.
• Interior; equal to the world’s best, with special passenger amenities.
• With standardized components and equipment on all Cars.
From this
To this
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To this
- ImprovementsRAIL CARS

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PRODUCTS AND SERVICES
1. Individual Journeys by Rail; on Train Sets and Private Cars2. Train’Shares; (timeshares) on Train Sets and Private Cars.
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Private Cars Train sets

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PRODUCTS AND SERVICES
1. Individual Journeys by Rail; on Train Sets and Private Cars
• All inclusive.
• For two persons in one deluxe bedroom.
• Normally for 7 nights and 8 days.
• Cashless; no money required for on board services.
• Extended layovers at en-route destinations.
• Fine dining, with or without reservations;
breakfast, lunch, dinner, picnic baskets, snacks at any time.
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PRODUCTS AND SERVICES
1. Individual Journeys by Rail; on Train Sets and Private Cars
• All inclusive.
• For two persons in one deluxe bedroom.
• Normally for 7 nights and 8 days.
• Cashless; no money required for on board services.
• Extended layovers at en-route destinations.
• Fine dining, with or without reservations;
breakfast, lunch, dinner, picnic baskets, snacks at any time.
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• 24 hour room service.
• Menu options for guests with special dietary requirements.
• All beverages with meals and at social events.

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PRODUCTS AND SERVICES
1. Individual Journeys by Rail; on Train Sets and Private Cars
• All inclusive.
• For two persons in one deluxe bedroom.
• Normally for 7 nights and 8 days.
• Cashless; no money required for on board services.
• Extended layovers at en-route destinations.
• Fine dining, with or without reservations;
breakfast, lunch, dinner, picnic baskets, snacks at any time.
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• 24 hour room service.
• Menu options for guests with special dietary requirements.
• All beverages with meals and at social events.
• On board activities and events.
• Endless selection of off-train activities, prearranged or not.

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PRODUCTS AND SERVICES
1. Individual Journeys by Rail; on Train Sets and Private Cars
• All inclusive.
• For two persons in one deluxe bedroom.
• Normally for 7 nights and 8 days.
• Cashless; no money required for on board services.
• Extended layovers at en-route destinations.
• Fine dining, with or without reservations;
breakfast, lunch, dinner, picnic baskets, snacks at any time.
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• 24 hour room service.
• Menu options for guests with special dietary requirements.
• All beverages with meals and at social events.
• On board activities and events.
• Endless selection of off-train activities, prearranged or not.
• Bedding type and pillow selection.
• Personalized, ultimate passenger care; beyond expectations.
Click on Individual Journeys at www. americantrainvacations.com for details

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PRODUCTS AND SERVICES
1. Individual Journeys by Rail; on Train Sets and Private Cars2. Train’Shares; (timeshares) on Train Sets and Private Cars.
• Ownership for an initial term of 10 years, or perpetually.
• One Journey by Rail each year.
• Journeys can be used in advance or delayed for future use.
• Maintenance Fees pay for fixed and re-occurring costs.
• All-inclusive Fees pay for consumable and variable costs.
• Fees are below charges for comparable real estate timeshares.
• Fees don’t have to be paid if Journeys aren’t used;
the Owner’s Association gets and sells the Journey for a profit.
• Fees can’t increase beyond approved, expected amounts.
• Owner’s can sell Train’Shares back to America’s Trains;
they receive valuable consideration equal to the purchase price.
• Journeys can be easily rented; Owners keep net income.
• Journeys can be exchanged for resort vacations.
Unique timesharing advantages support Train’Share sales.
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Click on Train’Shares at www. americantrainvacations.com for details

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PRODUCTS AND SERVICES
2. Train’Shares; (timeshares) on Train Sets and Private Cars.3. Fractional Interests; shared ownership of Private Cars.
• A 1/8th
, 1/6th
or 1/4 ownership of a Car; 4, 6 or 8 annual weeks.
• Ownership for an initial term of 10 years, or perpetually.
• Owners have depreciation rights as a tax deduction.
• Exclusive use of Car, with crew, during ownership periods.
• Journey times can be traded amongst Owners.
• Journeys routes are selected by Owners.
• Maintenance Fees pay for fixed and re-occurring costs.
• All-inclusive Fees pay for consumable and variable costs.
• Fees may not have to be paid if Journeys aren’t used;
the Owner’s Association gets and sells the Journey for a profit.
• Fees can’t increase beyond approved, expected amounts.
• Owner’s can sell Fractional Interests back to America’s Trains.
• Journeys can be easily rented, Owners keep net income.
• Journeys can be exchanged for resort vacations.
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Click on Fractional Interests at www. americantrainvacations.com for details.

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PRODUCTS AND SERVICES
4. Activity Cars; traveling with Train Sets.
• Special events while traveling to and at en-route destinations.
• Weddings, business meetings, parties, various entertainment.
• Exclusively for private parties, groups or open to everyone.
• Available to passengers and others during destination layovers
for a reasonable fee.
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Go to www. americantrainvacations.com/activity-cars for details.

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PRODUCTS AND SERVICES
• Equipped to support comprehensive displays and presentations.
• Used to promote specific or general products and services,
exclusively by a single or on a shared basis by multiple entities.
• Full Car charters.
• Shared presentation space rental on Cars.
• Exterior signage; basic or full Car wraps.
• Cars may have prolonged stays at some en-route destinations,
arriving with one and departing with a following train set.
4. Activity Cars; traveling with Train Sets5. Display Cars; traveling with Train Sets.
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Go to www. americantrainvacations.com/display-cars for details.

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PRODUCTS AND SERVICES
• Manages Train’Share and Fractional Interest Owner Associations.
• Sells Tracks to Adventure activities at en-route destinations.
• Sells America’s Trains branded and gift items.
• Sells additional and special order beverages.
• Provides special request on board services for a reasonable fee.
• Manages profitable Activity Car programs.
• Manages Display Car services.
• Manages train/Car operations in the USA and into Canada
5. Display Cars; traveling with Train Sets.
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6. Management Services; sources of net income.

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1. Unsurpassed vacation experience
2. No competition
3. Accomplished Management
4. Excess demand
5. Selling ability
6. Strategic, tactical business affiliations
7. Proprietary rights
8. Proven business model
9. Low cost inventory, on demand
10. Essential cash management
11. Undeterred earning potential
12. Appealing Preferred Share benefits
13. Desirable earnings per share
14. Mitigated risk
15. Present company value
FAVORABLE BUSINESS ATTRIBUTES
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Details about the above attributes follow:

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• The world’s most luxurious rail Cars.
1. Unsurpassed vacation experience
Journeys on Train Sets or personal Private Cars include:
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• The world’s most luxurious rail Cars.
• Deluxe accommodations and amenities.
1. Unsurpassed vacation experience
Journeys on Train Sets or personal Private Cars include:
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• The world’s most luxurious rail Cars.
• Deluxe accommodations and amenities.
• Itineraries, throughout the USA; into Canada.
1. Unsurpassed vacation experience
Journeys on Train Sets or personal Private Cars include:
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• The world’s most luxurious rail Cars.
• Deluxe accommodations and amenities.
• Itineraries, throughout the USA; into Canada.
• Magnificent remote and rural scenery.
1. Unsurpassed vacation experience
Journeys on Train Sets or personal Private Cars include:
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• The world’s most luxurious rail Cars.
• Deluxe accommodations and amenities.
• Itineraries, throughout the USA; into Canada.
• Magnificent remote and rural scenery.
• Various en-route destinations; passengers live on board during visits.
1. Unsurpassed vacation experience
Journeys on Train Sets or personal Private Cars include:
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• The world’s most luxurious rail Cars.
• Deluxe accommodations and amenities.
• Itineraries, throughout the USA; into Canada.
• Magnificent remote and rural scenery.
• Various en-route destinations; passengers live on board during visits.
• Unlimited off-train activities at en-route destinations.
1. Unsurpassed vacation experience
Journeys on Train Sets or personal Private Cars include:
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• The world’s most luxurious rail Cars.
• Deluxe accommodations and amenities.
• Itineraries, throughout the USA; into Canada.
• Magnificent remote and rural scenery.
• Various en-route destinations; passengers live on board during visits.
• Unlimited off-train activities at en-route destinations.
• Finest service, dining, complimentary meal/social event beverages.
1. Unsurpassed vacation experience
Journeys on Train Sets or personal Private Cars include:
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• The world’s most luxurious rail Cars.
• Deluxe accommodations and amenities.
• Itineraries, throughout the USA; into Canada.
• Magnificent remote and rural scenery.
• Various en-route destinations; passengers live on board during visits.
• Unlimited off-train activities at en-route destinations.
• Finest service, dining, complimentary meal/social event beverages.
1. Unsurpassed vacation experience
Journeys on Train Sets or personal Private Cars include:
• Elite, secure, safe travel.
• Most distinctive luxury vacation in America.
• Unsurpassed smaller group vacations.
• Accepted as one of about 200 “lavish” Registry
Collection vacations; out of over 4,000 worldwide.
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See the Introduction at www. americantrainvacations.com; also click on Journeys by Rail.

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1. Unsurpassed vacation experience
Journeys on Train Sets or personal Private Cars include:
Canadian
Pacific
Canada
Royal
Scotsman
Britain
Marahaja
Express
India
Rovos
Rail
Africa
America’s
Trains
USA
Orient
Express
Europe
Golden
Eagle
Europe
Typical single vacation, per person per day fares, comparable travel - 2015
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• Unrivaled value compared to other luxury train vacations.
Lower fares come from economical locomotive expense, the
payment of operating costs from prepaid Train’Share Fees, a
relatively low cost of inventory (Cars), and amortization of
Car costs from Train’Share sales.
Train’Share owner per person per day Journey costs are much
lower.
*
*

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Amtrak has been the only interstate passenger train service since
the 1970s. There has been no regular, specific rail vacation or
luxury train service and none with en-route layovers.
Amtrak
Mediocre cars
No layovers
America’s Trains
Intriguing en-route layovers
Others
Some privately owned
cars offer irregular trips
with limited service on
shorter routes.
World’s finest CarsLower quality cars
Not competitive
2. No competition
This void is being filled by America’s Trains’ Journeys by Rail,
in collaboration with Amtrak and regional railroads.
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- Market Void

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• Controlling, inclusive selling capabilities.
• Existing exclusive relationships with key needed support entities.
• Superior, comprehensive management.
• A captive market; Train’Share owners, to-be satisfied customers.
• Preferred access to suitable unimproved rail cars.
• Unique capacity to economically rebuild Cars.
Other America’s Trains’ Journeys by Rail
Expected long term market share,
• There is no competition; Amtrak has mediocre cars, no layovers.
• America’s Trains has:
“The early bird - - gets (has) the worm”
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2. No competition - Dominance
America’s Trains enjoys market dominance because:
• It would be very difficult for others to enter the market (time, cost,
car access, research, market dominance, Company’s resistance, etc).

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3. Accomplished Management
Passenger train operations; Repair and rebuilding, including
Amtrak certification; Route development; International consulting.
Some of management’s experience includes:
Railroad:
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3. Accomplished Management
Passenger train operations; Repair and rebuilding, including
Amtrak certification; Route development; International consulting.
Some of management’s experience includes:
Rail service; Commuter airline; Helicopter company;
Small cruise ships; America’s largest tour bus; 35 passenger hovercrafts.
Railroad:
Transportation:
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3. Accomplished Management
Passenger train operations; Repair and rebuilding, including
Amtrak certification; Route development; International consulting.
Some of management’s experience includes:
Rail service; Commuter airline; Helicopter company;
Small cruise ships; America’s largest tour bus; 35 passenger hovercrafts.
Major resort; Hawaii, East and West coast, Mexico, Canada.
Railroad:
Transportation:
Resort:
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And others

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3. Accomplished Management
Passenger train operations; Repair and rebuilding, including
Amtrak certification; Route development; International consulting.
Some of management’s experience includes:
Rail service; Commuter airline; Helicopter company;
Small cruise ships; America’s largest tour bus; 35 passenger hovercrafts.
Major resort; Hawaii, East and West coast, Mexico, Canada.
Travel:
Railroad:
Transportation:
Resort:
Travel agency franchisor, North America’s largest travel agent
chain; First cruise only agency and franchise; Hundreds of travel tours and
packages; Annualized sales over $400 million (current dollars); Cruise
ship ownership; Produced travel oriented TV shows.
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3. Accomplished Management
Passenger train operations; Repair and rebuilding, including
Amtrak certification; Route development; International consulting.
Some of management’s experience includes:
Rail service; Commuter airline; Helicopter company;
Small cruise ships; America’s largest tour bus; 35 passenger hovercrafts.
Major resort; Hawaii, East and West coast, Mexico, Canada.
Travel:
Timeshare:
Railroad:
Transportation:
Resort:
Travel agency franchisor, North America’s largest travel agent
chain; First cruise only agency and franchise; Hundreds of travel tours and
packages; Annualized sales over $400 million (current dollars); Cruise
ship ownership; Produced travel oriented TV shows.
Timeshare sales; resort real estate and smaller cruise ship.
Proficient in all pertinent areas of marketing and sales.Selling:
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Industry experience/involvement includes participation in:
AAPRCO (American Association of Private Railroad Car Owners)
RPCA (Railroad Passenger Car Alliance)
AAR (Association of American Railroads) - "JFSX"
RTIA (Rail Travel International Association)
CLIA (Cruise Line International Association)
ARDA (American Resort Development Association)
ASTA (American Society of Travel Agents)
RCI (Resort Condominiums International)
OSSN (Outside Sales Support Network - travel)
IFA (International Franchise Association)
Vacation.com
3. Accomplished Management
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America’s Trains has about 50 available bedrooms in year two and 175
within five years, a nominal amount compared to typical luxury resorts.
Pent-up domestic consumer interest and surplus foreign demand provides
countless potential buyers for America’s ‘one of a kind’ luxury train
vacations.
In addition to ample direct sales, travel outlets that specialize in train
vacations can easily sell all available individual Journeys by Rail.
America’s Trains targets wealthy consumers interested in luxury travel;
a fastest growing segment of the vacation market.
Luxury travel consumers are “ready
to pay a high price for an outstanding
experience off the beaten tracks”.
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4. Excess Demand - Overview
A relatively small number of sales will produce optimum occupancy.
A minuscule share of existing markets is sufficient to achieve
sales and revenue objectives.

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Numerous reports substantiate demand; some excerpts follow
The world’s increasing love of tourism grew at a record
pace . . UN World Tourism Organization.
GENERAL TOURISM, VACATIONS
Tour operators continue to see an unprecedented
boom in demand for domestic products. Americans
aren’t done rediscovering their homeland.
The US can expect a 4 to 5 % average annual growth in tourism
over the next five years . . 69.8 million foreign travelers per year
- Actual 2014 growth was 7% to 75 million.
Boom Year Ahead! - USTOA tour operators are
forecasting growth of up to 10% this year . . a bright
future for tour and packaged vacations.
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4. Excess Demand - Tourism

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Numerous reports substantiate demand; some excerpts follow
Lots of bookings made far in advance . . clients
are willing to spend more.
LUXURY TRAVEL
The luxury travel market is the fastest-growing segment of
the travel industry worldwide.
The affluent are willing to spend . . It’s a good time to
be targeting luxury consumers.
Luxury travel sales are strong, the luxury travel sector is
indeed gaining momentum . . getting better and better.
In 2014 . . significant upswings in sales, a whopping
increase of 45 percent over 2013.
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4. Excess Demand - Luxury travel

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Vacation-ownership earnings jumped 21% from a
year earlier.
Timeshare EBITDA was $92 million for the fourth quarter,
$297 million for the year, an increase of 18 percent.
The U.S. timeshare industry enjoyed significant growth . .
Annual sales volume increased nearly 11 percent, the
average sales price rose nine percent.
Revenue increased 8 percent . . as it pulled in more
revenue from the sale of vacation ownership products.
Numerous reports substantiate demand; some excerpts follow
TIMESHARES / VACATION OWNERSHIP
Vacation ownership continues to lead in the leisure
industry with steady growth . . One of the most profitable
sectors in the hospitality market . . vast growth potential.
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4. Excess Demand - Timeshares

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4. Excess Demand - Timeshares
Incremental sustainable growth.
In 2014, over 9.1 million American households owned a
timeshare. Up to 1 million are potential Train’Share buyers.
America’s Trains is the only RCI train vacation affiliate.
Annual timeshare sales in the USA were $7.6 billion in
2013 and 8.2 billion in 2014; should exceed pre recession
volume of $10.4 million by 2019. Projected Train’Share
sales are a miniscule fraction of these amounts.
Thousands of RCI’s 5 million members are interested in
owning multiple timeshares; they are qualified potential
Train’Share buyers.
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Numerous reports substantiate demand; some excerpts follow
TIMESHARES / VACATION OWNERSHIP
Up to 8,400 Train’Shares will be sold over five years, an average of
140 per month; well below management’s past performance and a
diminutive share of overall timeshare sales.

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4. Excess Demand
Numerous reports substantiate demand; some excerpts follow
TRAIN VACATIONS / TOURS
Rail tours enjoy upswing as travelers seek
new experiences . . Growing number of
vacationers are turning to rail in the U.S.
It’s a huge opportunity . . country’s renewed thirst
for rail and domestic travel . . Amtrak Vacations
are really like the sleeping giant.
. . the tenth record in 11 years . . long distance routes
had the best ridership in 20 years with 4.8 million
passengers.
Mathew Stevenson - Author (railroad), traveler (train), CEO:
Where are the creative railroad financiers, selling
sleeping cars as timeshares or condos?
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- Railroad

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Demand for Journeys by Rail intensifies because:
• There is no meaningful train competition in the United States.
• The significant domestic market for Journeys is practically untapped.
• Foreign markets are enormous compared to America’s Trains’ total
capacity of only 50 rooms in year two and 175 within five years.
• A diminutive percentage of domestic and foreign target markets is
sufficient to produce enough qualified leads to meet respective sales
expectations, which follow:
4. Excess Demand - Journeys
Overall potential is enhanced
JOURNEY BY RAIL PRODUCTS
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Demand for Journeys by Rail intensifies because:
• There is no meaningful train competition in the United States.
• The significant domestic market for Journeys is practically untapped.
• Foreign markets are enormous compared to America’s Trains’ total
capacity of only 50 rooms in year two and 175 within five years.
• A diminutive percentage of domestic and foreign target markets is
sufficient to produce enough qualified leads to meet respective sales
expectations, which follow:
4. Excess Demand - Journeys
Overall potential is enhanced
JOURNEY BY RAIL PRODUCTS
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*
*
* *
*
*
*
** *
*78%
Because train travel in Europe is already a
favored form of transportation, it is reasonable
to assume that European sales would be much
higher if there was sufficient (more) inventory.
Projected % of Train’Share Sales, US and Foreign
Total, foreign 22%
*

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5. Selling Ability - Lead Sources
Overall interest is readily converted to Journey buyer leads because:
• Millions of consumers are already available to existing travel industry
entities, many wanting to sell Journey by Rail products.
• The client list of a few given retail train vacation specialists is sufficient
to produce buyers for every individual Journey by Rail.
• Individual Journey by Rail leads are also potential Train’Share buyers.
TRAVEL INDUSTRY
Agencies
Consortiums
Franchisors
Tour Operators
Industry Connections

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5. Selling Ability - Lead Sources
Overall interest is readily converted to Journey buyer leads because:
TIMESHARE INDUSTRY
RCI
Lead Suppliers
Exchange Companies
Vacation Clubs
Journey Conversions
Industry Connections
• Millions of consumers are already available to existing travel industry
entities, many wanting to sell Journey by Rail products.
• The client list of a few given retail train vacation specialists is sufficient
to produce buyers for every individual Journey by Rail.
• Individual Journey by Rail leads are also potential Train’Share buyers.
• Access to existing timeshare consumers is available through industry
affiliations, like RCI with over 3 million members, and other timeshare
entities working with America’s Trains.

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5. Selling Ability - Lead Sources
Overall interest is readily converted to Journey buyer leads because:
INTERNET
Company web sites
Train vacation web sites
Travel/vacation web sites
Social media
TRAIN/RAIL INDUSTRY
Trade Associations
Foreign train operators
Industry Connections
DIRECT
Advertising
Promotions
Public Relations
Referrals
• Millions of consumers are already available to existing travel industry
entities, many wanting to sell Journey by Rail products.
• The client list of a few given retail train vacation specialists is sufficient
to produce buyers for every individual Journey by Rail.
• Individual Journey by Rail leads are also potential Train’Share buyers.
• Access to existing timeshare consumers is available through industry
affiliations, like RCI with over 3 million members, and other timeshare
entities working with America’s Trains.
• Qualified leads also come from Internet sources, the railroad industry
and direct marketing.

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TRAVEL INDUSTRY
Agencies
Consortiums
Franchisors
Tour Operators
Industry Connections
TIMESHARE INDUSTRY
RCI
Lead Suppliers
Exchange Companies
Vacation Clubs
Journey Conversions
Industry Connections
INTERNET
Company web sites
Train vacation web sites
Travel/vacation web sites
Social media
TRAIN/RAIL INDUSTRY
Trade Associations
Foreign train operators
Industry Connections
DIRECT
Advertising
Promotions
Public Relations
Referrals
SALES
LEADS
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REVENUE
• An overall five year marketing budget of about $112 million ensures
that necessary qualified buyer leads are generated as required.
• Multiple sources provide necessary leads/sales.
5. Selling Ability - Lead Sources

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1. Retail travel agents
2. Travel tour operators
3. Travel franchisors/consortiums
4. Vacation exchange company
5. Advertising/promotion (excluding
newly available social media leads)
6. Trade shows, exhibits
7. Purchased leads
8. Referrals
9. Other
10. Conversion of individual Journey
by Rail sales leads
Number of leads
Number of presentations to leads
Number of sales
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Based on prior experience, confirmed arrangements and expectations
of industry experts, the following examples are sources of attainable
qualified leads, subsequent live presentations, and the sale of 8,400
Train’Shares in five years.
Results by source may fluctuate,
but end results should not.
- Conversion5. Selling Ability

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Selling materials and aids, offering statements, Train’Share ownership
and other documents are ready;
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- Implementation5. Selling Ability
And much more

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Selling materials and aids, offering statements, Train’Share ownership
and other documents are ready;
Car improvements are about to begin; triggering accelerated selling.
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Car operating requirements are in place.
- Implementation5. Selling Ability
A percentage of sales revenue is allocated to pay for Cars and ongoing
marketing; ensuring expected sales and expanding Journey availability.

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Selling materials and aids, offering statements, Train’Share ownership
and other documents are ready;
Car improvements are about to begin; triggering accelerated selling.
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Car operating requirements are in place.
- Implementation5. Selling Ability
A percentage of sales revenue is allocated to pay for Cars and ongoing
marketing; ensuring expected sales and expanding Journey availability.
Sales promotions include enticing pre operating, early buyer offers.
Effective sales personnel are ready; selling programs are starting.
The marketing budget is high; $112 million within five years, 36% of
gross revenue for all products combined, up to 60% for Train’Shares.
Starting Train’Share prices are profitably under $18,000, below overall
average timeshare prices that exceed $20,400, $29,800 for equivalent
luxury timeshares; and, Train’Shares are uniquely more attractive.
Individual Journey by Rail fares are under $6,400 (per person double
occupancy) before any discount, lower than other luxury trains.

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Based on experience and reasonable assumptions, the number of leads
and presentations to make one Train’Share sale are:
3.1 qualified leads - interested, with money and able to buy
1 Train’Share sale, average price over five years - $27,000
Substantive domestic and foreign market
Individual Journey by Rail sales also begin, producing related income.
Fractional Interest sales promotion starts, with delayed income.
5. Selling Ability - Implementation
2.06 personal (live) presentations
Known sources provide required numbers of qualified leads.
Market traction is sufficient to achieve sales projections.
*
*
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6. Strategic, Tactical Business Affiliations
America’s Trains is the only RCI train affiliate; selected
as one of about 200 in RCI’s luxury Registry Collection,
out of over 4,000 resorts.
Amtrak pulls America’s Trains’ cars and provides
support services at favorable rates pursuant to a related
contract.
The Company has Arrangements with American Short Line
and Regional Railroad Association members for train engine
and support services.
America’s Trains is a founding member of the Rail Travel
International Association, a new and expanding exclusive
group of the world’s fine passenger rail operators.
Travel franchisors and consortiums provide special
access to 1,000s of typical retail travel agencies.

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6. Strategic, Tactical Business Affiliations
Ongoing communication with the Federal Railroad
Administration and Surface Transportation Board.
Rail - Parts suppliers.
Retail travel - Train only agencies/agents.
Timeshare - Marketing and sales support entities.
Wholesale travel - Major tour operators.
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As the leading voice of the country’s travel industry,
Brand USA (www.thebrandusa.com) works with the
Federal Government to bring millions of new foreign
visitors who spend billions of dollars in the United States. America’s
Trains’ Journeys by Rail exemplify Brand USA’s travel opportunity
messages.
Access to 1,000s of independent retail travel agents.

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7. Proprietary Rights
Some operating, marketing and sales related resources include:
• Americantrainvacations.com; with related web site.
• Americastrain.com; with related specific Internet promotions.
• Choochoochat.com; with related newsletter and sales materials.
• Choochoochatter.com; with related blog.
• Journeysbyrail.com; with related ‘franchised’ travel sales outlets.
• Railtravelinternational.com logo; licensed use assigned to the
Rail Travel International Association.
• Talkingluxury.com; also radio talk show featuring
luxury travel, including America’s Trains products.
• Trains’Shares.com; Train’Shares™.
• Tracks to Adventure™.
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Related activities and social media sites are active or being implemented.
Exclusive tours America’s Trains TV show

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8. Proven Business Model
Combining typical upscale vacations and shared vacation ownership
(timeshares) is a proven component of effective leisure industry business
models used by major entities like Marriott and Wyndham.
Timeshare (Train’Share) sales create (1) substantial advance revenue
ahead of first related occupancy dates, (2) assured future occupancy, and
(3) Owner fees to pay annual operating expenses.
Individual vacation (Journey) sales produce (1) revenue, (2) occupancy
in time periods not yet sold as timeshares, and (3) timeshare buyers.
Management has prosperous experience using this business model for
cruise ship and resort projects; it is enhanced to benefit rail Car features.
Unique other benefits come from a ‘pull’ business strategy. Inventory
costs can be limited to one or two rail Cars at a time until (1) existing
Car sales income can pay for more Cars and (2) future Car occupancy is
assured by advance individual vacation and/or Train’Share sales.
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69. 69
The strategy used to manage inventory growth is based on consumer
interest that ‘pulls’ expansion forward.
Accommodation capacity is quickly increased by simply introducing
additional Cars with bedrooms and amenities as needed to meet already
assured advance sale requirements; ‘pulled’ by consumer demand.
From 3 to 6 bedrooms can be quickly produced in a single Car.
9. Low Cost Inventory, on Demand
The cost to produce a Journey by Rail Train’Share time period including
Cars and product delivery costs is 18.6% of revenue, below the 28 to
32% for equivalent real estate timeshare properties and vacation resorts.
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Therefore:
• Surplus capacity is avoided; costs for unneeded Cars is eliminated.
• Cars operate with optimum occupancy; net income is enhanced.
• With proportional pricing America’s Trains can generate over 10%
more net income compared to competitive vacation products.

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10. Essential Cash Management
Cash management strategies include:
• Continuing analysis provides timely, realistic cash flow management.
• Capital expenditures (for rail Cars) occur as required by consumer
demand, afterrelated future sales and income has been confirmed.
• Forecasts include more than adequate sale incentive discounts for early
sales, and excessive projected expense for buyer financing costs.
• Price discounts are accompanied and offset by reduced selling costs.
• Sales receivables are minimal and none are unsecured.
• The majority of operating costs occur after receiving related revenue.
• Additional operating expenses are contingent on already confirmed
sources of future income.
• Reserves and cash for contingencies grow to exceed $5 million.
• After funding, there is no and any future long term debt will be for
Cars based on assured revenue for debt amortization.
• Short term debt is expected to remain very low.
• The ‘burn’ rate is nominal; net cash flow starts in about seven months.
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71. 71
For formatting
The cost of rail Cars is 12.32%,
related service costs are 6.32%.
Gross profit is 81.36%.
11. Undeterred Earnings Potential
Increasing sales revenue allows
accelerating acquisition of 60
Cars within five years, with
related growing gross and net
earnings.
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72. 72
Gross, cumulative over 5 years:
Including receivables - $312M
Excluding receivables - $221M
Over five years, sustainable
and verifiable earnings from
the operation of 60 rail Cars
includes:
For formatting
Positive cash flow occurs in
about seven months.
**
11. Undeterred Earnings Potential
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Revenue is reduced in early months
to budget for introductory discounts.
Train’Share sales revenue is reduced
to provide for buyer financing costs.

73. 73
Gross, cumulative over 5 years:
Including receivables - $312M
Excluding receivables - $221M
Over five years, sustainable
and verifiable earnings from
the operation of 60 rail Cars
includes:
Pre tax net:
Including receivables - $126M
Excluding receivables - $96M
For formatting
Positive cash flow occurs in
about seven months.
**
**
11. Undeterred Earnings Potential
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Net cash excludes reserves to pay
unexpected contingency expenses.

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Gross, cumulative over 5 years:
Including receivables - $312M
Excluding receivables - $221M
Over five years, sustainable
and verifiable earnings from
the operation of 60 rail Cars
includes:
Pre tax net:
Including receivables - $126M
Excluding receivables - $96M
For formatting
Positive cash flow occurs in
about seven months.
New business programs start
generating additional income
before year 5.
**
**
11. Undeterred Earnings Potential
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Per year net
Annual Performance, 5 Years
Per year gross

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11. Undeterred Earning Potential
A summary of previously described advantages and other factors
that support earnings expectations include:
Timing image
• No competition, market dominance.
• Uniquely desirable product.
• Pent up domestic interest.
• Surplus foreign demand.
• Multiple, conjunctive revenue streams.
• Relatively low initial cost to produce inventory (Cars).
• No surplus inventory; Cars are acquired after sales, related income
and future occupancy has been confirmed.
• Nominal debt.
• Relatively low operating costs.
• Assured advance Train’Share owner fees pay for operations.
• Many expenses are revenue related.
• A cash contingency fund is available.
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Significant scrutiny indicates
that potential revenue is not
overstated.

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• Receive full reimbursement of invested amounts from dividends or
other valuable considerations before earned dividends or other cash
amounts are distributed to prior Common shareholders.
• Are secured by collateralized Cars until the fullreimbursement occurs.
• Have an option at the time of purchase to acquire a right to sell Shares
back to the Company for 1.4 X the amount paid for them (140%)
during the 23rd
month after the Shares were purchased; in which case
the Company gets a similar right to repurchase the Shares at its option.
• Receive credits equal to the amount invested to pay about 75% of the
cost of Journeys and luxury resort vacations for years to come; this
number of credits is for early and will be reduced for later investors.
1,000,000 Class ‘A’ Preferred Shares at $1.00 each (Series A)
Proceeds up to $1,000,000 are for the purchase of two rail Cars and the
full improvement of one; improvement of the other is paid from revenue.
All Shares have one vote and earn equal dividends.
12. Appealing Preferred Share Benefits
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Additionally, Preferred shareholders -

77. 77
There will be 2,286,250 outstanding shares, which includes 1,000,000
of the new Class ‘A’ Preferred and 1,286,250 original common shares.
Shareholder dilution is minimized.
Over five years, projected pre tax net cash per $1.00 share is $42.00.
Presuming that a portion of the $42.00 per share earnings is invested to
expand operations to enhance future Company performance, after taxes
the notable balance provides early and continuing desirable dividends.
13. Desirable Earnings Per Share
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78. 78
Shareholders also have rights
to luxurious Journeys by Rail,
and worldwide vacations, at
nominal cost; for example
13. Desirable Earnings Per Share
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79. 79
• Phased expansion by using income from existing Cars to pay for more
Cars only after future sales and occupancy has been confirmed.
• Train’Shares sales provide future occupancy, and fees to pay costs.
• Substantial prior related experience of management.
• Excessive marketing budget; $112 million within five years, 36% of
gross revenue for all products combined, up to 60% for Train’Shares.
• Recession resistant business strategy and products.
• Reduced seasonal income is eliminated because itineraries change to
avoid unwanted climates and related lower fares and occupancy.
• Although considered unnecessary, reasonable exit strategies can avoid
financial loss.
• And -
14. Mitigated Risk
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A summary of previously described advantages and other factors
that support elimination of risk include:

80. 80
Collateralized Cars provide financial security for investors.
Their ‘liquidation sale’ value should exceed invested amounts.
14. Mitigated Risk
Change slide

81. 81
15. Present Company Value
• Brand value - Product names/brands are not yet well established.
Consumer awareness should grow quickly.
• Business stage - Capabilities are developed, mature and ready to go.
• Cash flow, post funding - 1st
year $463,000, $47,000,000 in 5th
year.
• Competition - There is no meaningful train vacation competition.
• Cost to duplicate fixed (excluding intellectual and exclusive rights) -
Over $500,000; and a newcomer must overcome many difficulties.
• Debt - Pre funding rail Car payments $275,000, other $12,500. Post
funding $25,000.
• Intellectual capital - The value of uniquely merged comprehensive
travel, railroad and timeshare capabilities has significant intangible
value that may reasonably exceed $500,000, or much more.
• Inventory availability - Low cost, on demand, no surplus capacity.
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Based on overall attributes and the following factors, the
present value of the Company is deemed to minimally be
$1,290,000.
Continued

82. 82
15. Present Company Value
• Litigation - None, no unusual expected.
• Management - Superior existing capabilities are being and will be
supplemented by available persons to enhance expansion.
• Market size - Relatively enormous; a miniscule share is required.
• Marketing, sales - Existing capabilities are more than adequate.
• Regulation difficulties - None, no unusual expected.
• Return on investment (ROI) - If 80% of expected 5 year pre tax net
cash is returned to investors, a $1.00 Preferred Share earns $33.60.
• Risk - In addition to other risk mitigation, Preferred Shareholders are
secured by collateralized rail Cars.
• Share distribution - 56% of post funding outstanding stock will be
held by or for initial principals and management.
• Size of opportunity - Accelerating growth in the first several years,
more thereafter.
• Traction - More than adequate.
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83. 83
How to enjoy preeminent Journeys by
Rail,
1. Individual, single Journeys by Rail, or
2. Train’Share (timeshare) ownership, or
3. Fractional interest Car ownership
and desirable earnings
AMERICA’S TRAINS INC.

84. 84
How to enjoy preeminent Journeys by
Rail, and desirable earnings
As an investor in
Class ‘A’ Preferred Shares,
secured by collateralized Cars
AMERICA’S TRAINS INC.

85. 85
End of business presentation. See the following for related considerations
817 696-1507 info@americastrain.com
Unique product, rewarding investment
For more information, go to www.americantrainvacations.com, click on:
Journeys by Rail - Train’Shares - Fractional Interests
Or - Youtube link, top right of web page
AMERICA’S TRAINS INC.
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86. 86
817 696-1507 info@americastrain.com
Details regarding Journey by Rail use and ownership of Train’Shares or
Fractional Interests are more completely described in related documents that are
available on request.
The information in this presentation is not intended and should not be construed to
be a complete description of the facts, risks or consequences regarding the
purchase of Preferred Shares, or as legal, accounting, tax, business, investment or
other expert advice. Potential investors should perform their own independent
investigation in all regards and are invited to ask questions and obtain additional
details from America’s Trains Inc. concerning terms and conditions and any
relevant matters to verify the accuracy of the information set forth herein.
This is not an offer to sell nor a solicitation to residents of any State, Province or
other jurisdiction where registration requirements have not been fulfilled.
Some images in this presentation are examples.
AMERICA’S TRAINS INC.