Category Archives: Blog

GTX Corp Reports Second Quarter 2020 Financial Results and Provides Corporate Summary Update

Despite COVID-19, GTX reports another profitable quarter LOS ANGELES CALIFORNIA, August 18, 2020GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of wearable GPS, people and asset tracking Location-Based Services (LBS) and Real-Time Location Systems (RTLS), today announced financial results for the Second Quarter ended June 30, 2020 and provided the following corporate summary. Second Quarter Financial Highlights (3 months): GTX showed a net profit for the 2nd quarter in a row. Product revenue increased 399% over the 2019 comparable period. Total operating expenses decreased 19% from 2019, including: Total quarterly revenue for the comparable period declined 44% primarily due to a one-time transaction in the same quarter in 2019. Retired more than $155,000 in convertible debt. 2020 Year-to-Date Financial Highlights (6 months): GTX showed a net profit for the 2nd consecutive quarter. Product revenue increased 336% over 2019 comparable period. Total operating expenses decreased 32% from 2019, […]

Authentication with Smart Packaging

Recently The Active & Intelligent Packaging Industry Association (AIPIA) published a user case discussing how Serpiente Ultra Premium Tequila is implementing NFC and Blockchain technology powered by the GTX Veritap Solution. “In order to increase our levels of product security, authentication and transparency in the supply chain, our bottles are equipped with NFC chips and our boxes are sealed with a tamper-proof NFC label,” Stated Mayo Akindele Nomad Spirits Company Founder and CEO. Stay tuned here to learn more about the Serpiente Ultra Premium Tequila launch, AIPIA , NFC and blockchain.

CEO of GTX Corp, Patrick Bertagna, is Featured on The Stock Day Podcast

Phoenix, Arizona–(Newsfile Corp. – July 27, 2020) – The Stock Day Podcast welcomed GTX Corp. (GTXO)(“the Company”), a pioneer in smart, mobile, and wearable GPS tracking and recovery location-based solutions designed around health and safety. CEO of the Company, Patrick Bertagna, joined Stock Day host Everett Jolly. Jolly began the interview by asking Bertagna about the Company’s background and current projects. “We are a wearable technology, medical supply company,” explained Bertagna. “We’re best known for our flagship product, the GPS SmartSole,” he added. “This is a GPS device inside of an orthotic insole, and it’s designed to track and monitor people with cognitive disorders, such as autism, dementia, and also law enforcement and military – people who need a covert type of tracking solution,” said Bertagna. “We’re known to be in the tracking and monitoring business, all around medical supplies, but since COVID hit us in March, we pivoted and […]

Los Angeles Magazine- Here’s What It’ll Cost to Be Caught without a Mask in Some Local Cities

Glendale, West Hollywood, and other SoCal municipalities are cracking down on mask-avoiders By Brittany Martin -July 23, 2020 Full article. Local public health officials tried being nice. They repeatedly reminded us of the importance of wearing face coverings in public, even pointing to studies that suggest universal mask compliance could mean getting a handle on the pandemic within six weeks, rather than months or years. They told us about how wearing a mask shows consideration for other people, particularly the vulnerable. But since the nice approach didn’t do it for everyone, some local authorities have decided to crack down with new face mask rules. Multiple municipalities in the region have announced fines for not wearing masks will now be issued. “Our last option was to conduct enforcement by issuing an Administrative Citation, but the risk to community health is too great,” Captain Edward Ramirez of the West Hollywood sheriff’s station told the Los Angeles […]

GTX Now Offering PPE Same Day Curbside Pickup

LOS ANGELES, CALIFORNIA, July 16, 2020 — GTX Corp (GTXO), a pioneer in the field of health and safety wearable technology and an Industry Wired top company to watch in 2020,  is pleased to announce it is now offering curbside pickup for essential Personal Protective Equipment (“PPE”). As part of our ongoing commitment to provide the best service to our local community, we are introducing curbside pickup whereby our customers can retrieve their PPE protective gear orders Monday through Friday, 10 a.m. to 4:00 p.m., within two hours from the time they place their order. As many parts of the country continue to see a rise in COVID-19 cases, GTX is seeing a direct correlation in PPE demand and one of our most often asked questions is, ‘how fast can we get our order?’  “So now, in Los Angeles, we can say within two hours,” commented Meghan Ravada, GTX Corp Customer […]

Shoutout LA Features GTX Corp CEO

LOCAL STORIES Patrick Bertagna | CEO July 6, 2020 | Shoutout LA Article Here We had the good fortune of connecting with Patrick Bertagna and we’ve shared our conversation below. Hi Patrick, what are you most proud of in terms of your business?We help change lives and save lives. Our mission is to delivery the best health & safety products that have a positive impact on the community at large. Whether its our Smart Wearable technology products such as our GPS SmartSoles designed for people who have a tendency to wander or our Smart NFC temperature reading face masks, or essential work safe protective equipment, we provide products and technology that empowers people to live a better, safer and healthier life. Let’s talk shop? Tell us more about your career, what can you share with our community?I started working when I was 7 years old and have never stopped, Everything along […]

GTX Masks Available for Sale on Amazon

LOS ANGELES, CALIFORNIA, July 1, 2020 — GTX Corp (GTXO), a pioneer in the field of health and safety wearable technology and an Industry Wired top company to watch in 2020,  is pleased to announce it is has begun selling masks and other Personal Protective Equipment “PPE” on Amazon. “As the coronavirus pandemic continues to ravage large swaths of the U.S., we are seeing a direct correlation in PPE demand on our online store and a surge in orders this past week. Going live on Amazon was the fastest way to meet that demand and reach a larger audience,” commented Meghan Ravada, GTX Corp Customer Relations Manager.   “GTX Corp has delivered hundreds of thousands of PPE items to a wide range of entities such as essential businesses, assisted living facilities, pharmacies, Fortune 1,000 companies, hospitals, police departments, nonprofits, and local, state and federal government agencies. However between the recent spike […]

GTX CORP IS CELEBRATING 18 YEARS IN BUSINESS!

GTX Corp (GTXO) is proud of 18 years in the field of Health & Safety. In honor of our birthday, we have produced this video which describes our commitment to our Mission Statement in these changing times. Watch our Mission Statement Video by clicking below, or go to our About page. In honor of our birthday we are also giving away 5 FREE MASKS. Use promo code FREE5 to get 5 free masks with ANY ORDER. And don’t be surprised if you find other goodies added to your order! Thank you for being a part of the GTX Corp Family.We look forward to many more years WITH YOU. Stay Safe, GTX Corp   (OTC:GTXO)