Business
Imperalis Holding Corp. Acquired Locate 1 Plus, Inc. and GPS Tracking Network
Imperalis Holding Corp. Acquired Locate 1 Plus, Inc. and GPS Tracking Network.
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[{"type":"text","content":"\n\n\n\nImperalis Holding Corp. Acquired Locate 1 Plus, Inc. and GPS Tracking Network\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nImperalis Holding Corp. Acquired Locate 1 Plus, Inc. and GPS Tracking Network\nPR Newswire\nDALLAS, Sept. 10, 2014\n\n\n\nDALLAS, Sept. 10, 2014 /PRNewswire/ -- IMPERALIS HOLDING Corp. (IMHC.PK) announced the purchase of 100% of  the common stock of Locate 1 Plus, Inc.  Locate 1 Plus, a privately owned Nevada Corporation, with offices in Dallas, Texas, is a leading provider of GPS-based tracking and location services to consumers, commercial businesses and governmental entities, especially law enforcement units.  The Locate 1 Plus also targets internet consumer sales and specializes in \"Teen Tracking\"; a personalized way for parents to monitor how, when, and where their kids drive.  \n\nLocate 1 Plus, Inc. acquired the operating assets of GPS Tracking Network, Inc. immediately prior to the sale to Imperalis Holding Corp. The acquisition of the combined businesses is effective June 1, 2014.\n\nRandy Safford, Locate 1 Plus president said, \"The merger will provide the new GPS tracking and management information service company better access to the investor and business communities to provide the necessary funding to accelerate our rapid growth.\"\n\nAbout Imperalis Holding Corp.\n\nImperalis Holding Corp. is a holding company providing management consulting services, incorporated under the laws of the State of Nevada. Its shares are currently traded on the over the counter market and listed on the Pink Sheets under the symbol IMHC.  \n\nAbout LOCATE 1 PLUS, Inc.\n\nLocate 1 Plus, Inc. is an internet-based vehicle tracking service provider to commercial vehicle operators and governmental agencies, especially law enforcement units, where its competitive products and services are proven to demonstrate a significant cost savings to its end users.  The Company also targets internet consumer sales and specializes in \"Teen Tracking\"; a personalized way for parents to monitor, how, when and where kids driv...