Las Vegas, NV – 
(NewMediaWire) – August 24, 2020 – Las Vegas Xpress, Inc. (OTC Pink:
LVXI) cordially invites its shareholders to attend the annual meeting of
stockholders (the “Annual Meeting”) of Las Vegas Xpress, Inc. (the “Company”)
to be held at 1:30 P.M., Pacific Time, on Tuesday, September 1, 2020. Due to
concerns about the COVID-19 pandemic and the related protocols implemented by
federal, state, and local governments, the Annual Meeting will be held
virtually via video conference. Please email david.hahn@geocommand.com with
your name and email address to receive an invite. All shareholders of record as
of July 22, 2020 are welcome to attend. There will be a meet and greet and you
will hear from the new members of the Board of Directors, our Chief Technology
Officer and our Director of Sales and Marketing. We will also have a Q&A
session. All questions must be sent to our compliance officer at
joe.cosio-barron@geocommand.com prior to the call. Questions will be answered
by management during the Annual Meeting provided they are within the rules and
regulations governed by the Securities and Exchange Commission.
On Friday, August 21, 2020,
upon securing a majority of the required votes, the Company submitted Form 14 C
PRE to the SEC to announce the Company’s intention to effectuate a reverse
stock split of 4000:1 and a name change to Maptelligent, Inc.
Albert Koenigsberg, President and CEO of the
Company, stated, “My responsibility is to work in the best interest of the
shareholders, so I’m disclosing the details of our efforts within the rules and
regulations of the law. I’m confident that if the current Company shareholders
follow the math behind how we’re managing the Company, as well as our goals and
objectives, they’ll see why this is in their best interest for the immediate,
intermediate, and long-term targets.”
To facilitate this process, Mr. Koenigsberg
has provided the Company with a short-term, interest-free loan of $230,000.00.
These funds paid past due fees to LVXI’s auditor to bring the Company current
with all past-due SEC filings, fees for listing on the OTC Markets Exchange
under an OTCQB listing, fees to the State of Nevada to remain current as a
Nevada Corporation, filing fees with FINRA to effect a 4,000:1 reverse split of
the common stock, and the fees and expenses required to create and file an S-1
post reverse split capital raise of not less than $5 million. Additionally, the
Company was able to hire key personnel including: engineers, a sales manager,
marketing experts, and a compliance officer, as well as to retain the current
LVXI CFO. A new website is in development and the Company is entering into an
agreement with a well-established consulting and private equity firm to ensure
a successful money raise. Mr. Koenigsberg will continue to provide
interest-free loans until the Company receives approval from FINRA for the
reverse stock split and name change.
Upon approval from FINRA and completion of our
initial plan to restructure the company as Maptelligent, Inc., management will
recognize each Company shareholder of record as of July 22, 2020 that still
holds the shares. Each Company shareholder will receive a stock dividend. The
number of shares will be determined based on our ability to continue successful
negotiations with the convertible note holders of the Company as disclosed in
our filings. If the reverse stock split were approved as of today, each Company
shareholder would receive 9.2 common shares for each reverse stock share. These
shares will be on the same terms as the GEOcommand, Inc. shareholders and will
be governed by SEC Rule 144. Fifty percent of these shares will be restricted
for sale for 6 months and the balance for 12 months. Legends on the shares will
be lifted by Maptelligent, Inc. through a shareholder registration statement.
This will allow Maptelligent, Inc. the ability to execute our business
plan—then our most valuable asset, the shareholders, can benefit from our
immediate, intermediate, and long-term success.
Details of the business to be conducted at the
Annual Meeting are described in the Agenda Notice, which will be sent via email
to the Company shareholders of record. We encourage you to read all of the
recent filings, which include our audited financial statements.
We look forward to your participation in the
Annual Meeting.
Sincerely,
/s/ Glenn
Corso
Glenn Corso
Chairman of the Board
About Maptelligent,
Inc. (OTC Pink: LVXI)
Maptelligent, Inc. is a company that provides
first responders, school administrators, and government personnel the critical
data they need to prepare for, mitigate, respond to, and recover from emergency
situations. Maptelligent creates interactive, dynamic digital floorplans
that have a quick learning curve and were designed for non-technical users. Our
system is truly unique. None of our competitors deliver both high-level and
site-specific in-building critical information.
Albert Koenigsberg | President & CEO
Mobile: 561-926-3083
