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Thursday, August 15, 2019 10:38:57 AM
GETTING CLOSER.......FROM LAST FILINGS.....To commence commercial service of the Los Angeles to Las Vegas route, we will need to negotiate and secure the necessary rights, equipment and facilities by August 2019. These items include: securing a regularly scheduled train agreement from Amtrak to operate our excursion service on a weekly basis beginning with one round trip train per week and increasing to six round trips per week over the next several years as demand dictates, securing operating rights to run our trains over tracks owned by private railroads, obtaining the capability to operate train equipment safely and in conformity with applicable government regulations, and purchasing or leasing appropriate locomotive and passenger cars designed to move passengers over the route in comfort and securing leases on terminal facilities and passenger depots in Los Angeles and in Las Vegas. We expect the X Train to begin running in January 2020.
The Company also owns a licensed IATIA travel agency, X Train Vacations which books rail excursions for other passenger railroads in the United States of America. X Train Vacations is considered as a part of the Las Vegas Railway Express division.
The specific steps, estimated costs and expected timeline for operation of our X Train service are as follows:
September 2019 – December 2019: Rail realignment on station property to accommodate the X Train station – Cost - $1 million
September 2019 – December 2019: Training of Amtrak crews for certification of the new route between Dagget, Ca. & Las Vegas - $650,000
September 2019 – January 2020: Beta test runs on route $750,000
July 2019 – October 2019: Procurement of passenger rail cars for service
January 2020: First run at one per week.
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