Category Archives: Investor News

GTX Corp Reports Third Quarter 2021 Financial Results and Corporate Summary Update

LOS ANGELES CALIFORNIA, November 19, 2021 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, 2021 and provided the following corporate summary: Nine Month Financial Highlights Overall Revenue decreased 42% over 2020 comparable period.  Gross Margin increased 2% over 2020 comparable period. Wages and benefits decreased 19% or $92k over 2020 comparable period. R&D reduced by 89% as we shift to full production of 4G SmartSoles. Total Current Liabilities reduced 5% or $162k from 2020 comparable. Total debt, excluding PPP loans, reduced 11% or $198k over 2020 comparable period. Cash on hand increased 29% or $66K over 2020 comparable period. Stockholder’s deficit decreased 20% or $477k over 2020 comparable period. Did not take on any new debt. Management commentary […]

GTX Corp Signs Development Collaboration and Reseller Agreement with LifeConnect

LOS ANGELES, CALIFORNIA – October 13, 2021 – GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of: health & safety GPS wearable technology and provider of personal protective medical equipment and supplies, today announced it has signed a development collaboration and reseller agreement with LifeConnect, a division of Life365, an Arizona based supplier of health monitoring solutions for Remote Patient Monitoring (RPM) and Intelligent Digital Therapeutics (iDTx) designed for health care providers, employers, senior homes and other health and wellness related organizations. Under the agreement, GTX and LifeConnect will explore integrating IoT wearable sensors into the GPS SmartSole platform which will be used as the communications gateway sending vital biometric data along with GPS coordinates to the cloud, leveraging the LifeConnect and Life365 Health backend platforms and GTX’s GPS and 4G SmartSole platform. LifeConnect and GTX will also work together to explore joint and cooperative […]

The Longevity Revolution

Wearables + A.I. = Longer Life TulsaLabs to Develop Personalized Health Analytics Utilizing Artificial Intelligence AppSwarm Inc. Press release content from NewMediaWire. The AP news staff was not involved in its creation. READ FULL ARTICLE HERE:https://apnews.com/press-release/newmediawire/technology-health-media-software-artificial-intelligence-d27948aee2e430fe2ff1be50460e5f3d Tulsa, OK – ( NewMediaWire ) – September 09, 2021 – AppSwarm, Corp. (OTC:  SWRM ), a software development company and aggregator of […]

GTX Corp Reports Second Quarter 2021 Financial Results and Corporate Summary Update

LOS ANGELES CALIFORNIA, August 18, 2021GTX 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 Second Quarter ended June 30, 2021 and provided the following corporate summary: Second Quarter Financial Highlights Overall Revenue decreased 31% over 2020 comparable period.  Cash on Hand increased 72% or $180k over 2020 comparable period. Wages & Benefits decreased 26% over 2020 comparable period. COGS decreased 32% from 2020 comparable period. Current Debt & Liabilities reduced by $462k or 13% over 2020 comparable period. Debt reduced by $366k or 33% over 2020 comparable period. Stockholders’ deficit decreased $646k or 22% from 2020 comparable period. Did not take on any new debt. Second Quarter 2021 Business Highlights and Developments Significant development progress made on 4G GPS SmartSole module. Pre-ordered thousands of […]