InvestorsHub Logo
Followers 127
Posts 20792
Boards Moderated 1
Alias Born 05/15/2009

Re: None

Thursday, 08/22/2019 5:18:38 PM

Thursday, August 22, 2019 5:18:38 PM

Post# of 21957
It’s about time this shows up on LVXI financials, from URALS quarterly report: The Company has acquired the Las Vegas Xpress, Inc. and assumed the operations of the X Train and the current X Wine Railroad service.
On May 30, 2019, the Company acquired X Train project from Las Vegas Xpress, Inc. for $3,000,000.

https://backend.otcmarkets.com/otcapi/company/financial-report/228701/content

It also has licensed Las Vegas Xpress, Inc. (OTC:PK:LVX!) to use the X Train brand on the planned LA to Vegas X Train service. Revenues from the licensing are calculated at 5% of the gross revenue of LVXI's revenue derived from the deployment of the X Train brand on operating trains