SOURCE: Las Vegas Railway Express, Inc.

Las Vegas Railway Express, Inc.

September 24, 2013 18:13 ET

Las Vegas Railway Express, Inc. (OTCQB: XTRN) - The X Train Board Elects to Cancel 20:1 Reverse Split of Stock

LAS VEGAS, NV--(Marketwired - Sep 24, 2013) - The Las Vegas Railway Express, Inc. (OTCQB: XTRN), known as the X Train, a planned luxury train travel service featuring its "Club X" service, announced today that the Board of Directors has decided to cancel the 20 for 1 reverse split of the company's common stock previously approved by the shareholders pursuant to proxy on June 10, 2013, effectively immediately.

"Our Board has reviewed the previously approved 20 for 1 reverse stock split and has elected to pursue financing alternatives available to the Company that the Board considers to be more beneficial to the shareholders at this time," stated Michael Barron, President and CEO of the Las Vegas Railway Express.

About Las Vegas Railway Express
Las Vegas Railway Express, Inc., the X Train, is a publicly traded company (OTCQB: XTRN) that is currently in the process of designing and implementing a luxury train service from the Los Angeles basin to Las Vegas known as Club X. The service will utilize conventional rail rights of way and passenger rail equipment -- outfitted in a First Class configuration -- to deliver a new, exciting and cost efficient way for rail passengers to travel. For more information, please visit the Company website at http://www.vegasxtrain.com.

Contact Information

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