Category Archives: Blog

UCLA HEATH- EVERY MASK UP

UCLA Health joins over 100 of the nation’s top healthcare systems in an urgent plea for all Americans: Wear. A. Mask. Hospital leaders around the country are increasingly concerned that health care facilities will be overwhelmed. This unprecedented level of national healthcare collaboration encourages us to do our part. GTXmask.com continues to support the front liners at UCLA health. UCLA Health infectious disease experts tout critical role mask wearing plays in limiting spread of COVID-19. By uclahealth • November 23, 2020 Masks reduce viral shedding from people who are infected and can keep others from getting sick. We are in what scientists are calling a “third wave” of infections, as the number of coronavirus cases and hospitalizations surge once again in California and across the U.S. UCLA Health recently joined 100 of the nation’s top health care systems, representing thousands of hospitals in communications around the U.S., with an urgent plea for all […]

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GTX Corp Reports Third Quarter 2020 Financial Results and Corporate Summary Update

GTX reports a profitable Third Quarter LOS ANGELES CALIFORNIA, November 17, 2020 GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the fields of: health & safety, wearable GPS human and asset tracking systems and personal protective medical equipment and supplies, today announced financial results for the Third Quarter ended September 30, 2020 and provided the following corporate summary: Third Quarter Financial Highlights Showed Net Profit. Overall Revenue increased 7% over 2019 comparable period.  Product Sales increased 54% over 2019 comparable period. Cash on Hand increased 198% over 2019 comparable period. ·       Net Loss decreased 101% from 2019 comparable period. ·       Current Debt & Liabilities reduced by $595K over 2019 comparable period. ·       Did not take on any new debt. Nine Month Financial Highlights  ·      GTX showed a net profit for Q1, Q2 and Q3 of 2020. ·      Product Sales increased 151% over 2019 comparable period. ·      Total Operating Expenses decreased 24% from 2019: –       Wages & Benefits decreased 7% over 2019 comparable period. […]

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The Machine-IBM and Pfizer claim AI can predict Alzheimer’s onset with 71% accuracy

GTX found this article on early prediction of Alzheimer’s very interesting and promising. The sooner we can predict early onset, the more options families will have. We appreciate the collaboration between technology and medicine that IBM and Pfizer are doing in the field of Alzheimer’s research. Kyle Wiggers@Kyle_L_WiggersOctober 22, 2020 8:00 AM Pfizer and IBM researchers claim to have developed a machine learning technique that can predict Alzheimer’s disease years before symptoms develop. By analyzing small samples of language data obtained from clinical verbal tests, the team says their approach achieved 71% accuracy when tested against a group of cognitively healthy people. Alzheimer’s disease begins with vague, often misinterpreted signs of mild memory loss followed by a slow, progressively serious decline in cognitive ability and quality of life. According to the nonprofit Alzheimer’s Association, more than 5 million Americans of all ages have Alzheimer’s, and every state is expected to […]

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GTX Corp Expands its Line of Medical Products and Supplies and Launches “Made in America” 3-PLY Fashion Colors and Custom Branded Masks

LOS ANGELES, CALIFORNIA – October 21, 2020 – GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of health and safety, wearable GPS, human and asset tracking systems and personal protective medical equipment and supplies, announced today that it has signed a distribution agreement with Firstguard, a Los Angeles-based apparel factory to begin selling and distributing, high-quality, “Made in America,” 3-ply masks available in fashion colors and which can be custom branded. “We are thrilled to be working with the GTX Team. They continue to service the market with a broad range of products through innovation and awareness of their client’s protective equipment needs,” said Ray Lee, President of Firstguard, commenting on the relationship with GTX Corp. “As health officials keep reminding us of the 3 W’s to reduce the risks of COVID (‘Wear a mask, Wash your hands and Watch your distance’), and as businesses […]

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GTX Corp Global NFC Shipment Solutions Selected for Nomad Spirits Company Launch

Track & Trace sensitive shipments using energy-efficient NFC smart tags LOS ANGELES CALIFORNIA October 5, 2020 – GTX Corp (OTCQB: GTXO), a global tech leader offering a suite of GPS and NFC tracking location-based solutions and blockchain-based logistics company ShipChain, today announced that Nomad Spirits Company is launching their premium Serpiente Ultra-Premium Tequila utilizing the Veritap NFC Solution. Mayo Akindele, Nomad Spirits President stated, “For our launch we wanted to ensure our customers would be able to have seamless interaction with our Serpiente Ultra-Premium Tequila bottles and tamper proof packaging, so we partnered with U.S. based GTX Corp to provide and program our NFC chips. Their ability to not only assist us on the technological aspects of the project, but also provide us with high quality labels with the NFC chips already embedded has proven to be highly valuable.”  Each handmade glass bottle filled with Serpiente Ultra-Premium Tequila will come with enhanced […]

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GTX Corp Sponsored Power of Life Foundation’s Free Mask Giveaway

GTX Corp is proud to be a sponsor for the Power Of Life Foundation’s free mask give-away on September 19th, 2020 in the city of Jonesboro, GA. These and other community groups still need help, donate now!

GTX Issued New Patent that Strengthens its Intellectual Property Protection around its Flagship GPS SmartSole Product

LOS ANGELES, CALIFORNIA – September 24, 2020 – GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the field of health & safety wearable GPS human and asset tracking systems and personal protective medical equipment, announced today it has been issued a new patent by the United States Patent and Trademark Office (USPTO). U.S Patent No. 10,743,615 entitled “System and Method for Embedding A Tracking Device in a Footwear Insole” is GTX’s third patent related to embedding Real-Time Location Systems (RTLS) GPS wearable tracking technology into footwear.  “This patent covers different aspects of the GPS SmartSole product and we expect to receive more patents covering other aspects on related applications in the future” said Larry Henneman, GTX’s Patent Counsel. “As the global wearable medical device market continues to grow and expecting to reach $9.4 billion by 2022, this patent solidifies the strength and dominance of our portfolio with respect to […]

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COVID-19 Cases Rose 17% Last Week; Deaths Increased 5.5%

(Reuters) – The weekly number of new COVID-19 cases in the United States rose last week for the first time after falling for eight straight weeks, an increase that health experts attributed to schools reopening and parties over the Labor Day holiday. New cases rose 17% to about 287,000 for the week ended Sept. 20, while deaths rose 5.5% to about 5,400 people after falling for the previous four weeks, according to a Reuters analysis of state and county reports. Thirteen states have seen weekly infections rise for at least two weeks, up from nine states the previous week, according to the Reuters tally. In Arizona, new cases doubled last week. On average, more than 776 people a day died from COVID-19 last week, with deaths rising in Arkansas, Kansas and Virginia. After weeks of declining test rates, an average of 812,000 people a day were tested last week. The […]

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GTX Corp Begins Pre Order Sales and Testing of 4G LTE SmartSoles

LOS ANGELES, CALIFORNIA – September 17, 2020 – GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the field of health & safety wearable GPS human and asset tracking systems and personal protective medical equipment, announced today it has begun taking pre- orders as field testing its new 4G LTE MB IoT GPS SmartSoles commences. “Our new 4G model has been completely re-engineered in the U.S. from the ground floor up, including a new custom designed board and antennae, a more powerful and longer lasting battery, enhanced firmware and a super slim, low profile military grade encapsulation,” stated Patrick Bertagna, GTX Corp CEO. The global wearable medical device market is expected to reach $9.4 billion by 2022 and with approximately ten percent of the seventy million plus population over the age of sixty-five that will be diagnosed with Alzheimer’s just in the United States alone, not to mention the need for contact tracing […]

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AIPIA Virtual Congress Update: Tequila Brand gets Smart

29-07-2020 | AIPIA Serpiente Ultra Premium Tequila is the first spirit under the umbrella of Mayo Akindele’s Houston, Texas based liquor importation company Nomad Spirits Company. This tequila is made from 100% Weber Blue Agave & bottled in one of a kind crystal glass king cobra bottles in the town of Tequila, Jalisco, he says. To make Serpiente, the distillery selects a mixture of 50% Highland Agave and 50% Lowland Agave and use naturally refined water that’s been treated via reverse osmosis and deionization. In order to increase levels of product security, authentication and transparency in the supply chain, the bottles are equipped with NFC chips and the boxes are sealed with a tamper-proof NFC label. Utilizing blockchain technology and an embedded NFC chip, each bottle will have a unique digital ID that allows for chain of custody data to be captured & stored on an immutable ledger on the Ethereum blockchain. Akindele will share the experience of developing this brand of […]

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