LAS VEGAS RAILWAY EXPRESS, INC. - FORM 10-K/A - EX-11.6 - SOUTH LAKE CAPITAL LLC WARRANT ISSUANCE AND RELEASE, DATED MAY 29, 2010 - February 17, 2011

Attached files

file filename
10-K/A - LAS VEGAS RAILWAY EXPRESS, INC. FORM 10-K/A AMENDMENT 1 MARCH 31, 2010 - LAS VEGAS RAILWAY EXPRESS, INC.xtrn10ka20100331.htm
EX-3.8 - AMENDED BY-LAWS OF THE REGISTRANT - LAS VEGAS RAILWAY EXPRESS, INC.xtrn10k20100331ex3-8.htm
EX-3.6 - CERTIFICATE OF MERGER, AS DATED MARCH 19, 2010, BY AND BETWEEN LIBERTY CAPITAL ASSET MANAGEMENT, INC. AND LAS VEGAS RAILWAY EXPRESS. - LAS VEGAS RAILWAY EXPRESS, INC.xtrn10k20100331ex3-6.htm
EX-3.5 - AMENDED ARTICLES OF INCORPORATION AS DATED MARCH 19, 2010. - LAS VEGAS RAILWAY EXPRESS, INC.xtrn10k20100331ex3-5.htm
EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. - LAS VEGAS RAILWAY EXPRESS, INC.xtrn10k20100331ex23-1.htm
EX-11.4 - BRIDGE LOAN AND SECURITY AGREEMENT, SOUTH LAKE CAPITAL, DATED JANUARY 25, 2010 - LAS VEGAS RAILWAY EXPRESS, INC.xtrn10k20100331ex11-4.htm
EX-11.2 - PROMISSORY NOTE DATED FEBRUARY 28, 2010 BY AND BETWEEN LIBERTY CAPITAL ASSET MANAGEMENT INC. AND TRANSPORTATION MANAGEMENT SERVICES INC. - LAS VEGAS RAILWAY EXPRESS, INC.xtrn10k20100331ex11-2.htm
EX-11.3 - RAILCAR PURCHASE AGREEMENT DATED FEBRUARY 8, 2010 BY AND BETWEEN LIBERTY CAPITAL ASSET MANAGEMENT INC. AND TRANSPORTATION MANAGEMENT SERVICES INC. - LAS VEGAS RAILWAY EXPRESS, INC.xtrn10k20100331ex11-3.htm
EX-11.5 - SOUTH LAKE CAPITAL LLC PROMISSORY NOTE DATED JANUARY 15, 2010 - LAS VEGAS RAILWAY EXPRESS, INC.xtrn10k20100331ex11-5.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002. - LAS VEGAS RAILWAY EXPRESS, INC.xtrn10ka20100331ex31-1.htm
EX-3.4A - AMENDED BY-LAWS OF THE REGISTRANT DATED NOVEMBER 3, 2008 - LAS VEGAS RAILWAY EXPRESS, INC.xtrn10ka20100331ex3-4a.htm
EX-3.4B - AMENDED ARTICLES OF INCORPORATION - LAS VEGAS RAILWAY EXPRESS, INC.xtrn10ka20100331ex3-4b.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002. - LAS VEGAS RAILWAY EXPRESS, INC.xtrn10ka20100331ex32-1.htm
EX-3.7 - AMENDED ARTICLES OF INCORPORATION AS DATED APRIL 19, 2010. - LAS VEGAS RAILWAY EXPRESS, INC.xtrn10k20100331ex3-7.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002. - LAS VEGAS RAILWAY EXPRESS, INC.xtrn10ka20100331ex31-2.htm
Exhibit No. 11.6



May 27, 2010
 

South Lake Capital, LLC
4 Richland Place
Pasadena, CA 91103
Attn:
John McGrain
 
Justin York

Gentlemen:

In reference to certain Bridge Loan and Security Agreement, dated January 25, 2010, by and between South Lake Capital (the “Investor” or “Secured Party”) and Liberty Capital Asset Management, Inc. (the “Company”), Section 3. Warrants of the Company, is deemed to be satisfied in relation to any and all warrants with which the Company was obligated to issue.  For satisfaction and release the Company has issued to the Investor 2,400,000 shares of its stock as follows:

Date
Shares
Market Price at Close on Date of Issuance
Value
March 3, 2010
800,000
$0.20
$160,000
April 7, 2010
800,000
$0.17
$136,000
April 20, 2010
800,000
$0.15
$120,000
 
2,400,000
  
$416,000

This reference relates only to Section 3, and the remainder of the Agreement remains in full force and effect.


/s/ Justin Yorke
May 29, 2010
Manager
  
South Lake Capital LLC
  
 
 
6650 Via Austi Pkwy. Ste 170 * Las Vegas * Nevada * 89119
direct: (702) 583.6712 * Fax: (702) 479..7923

LAS VEGAS RAILWAY EXPRESS, INC. Reports