Category Archives: Investor News

GTX Corp Adds Rapid Diagnostic Test Kits for the SARS-COV-2 (COVID-19) Antigen

LOS ANGELES, CALIFORNIA – February 18, 2021 – GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of wearable GPS human and asset tracking systems and a supplier of Health and Safety personal protective medical equipment “PPE”, announced today it has begun the distribution of a Rapid Diagnostic Test-Kits for Antigens. The highly accurate, 10-minute results COVID-19 Antigen test is approved under the Emergency Use Authorization (“EAU”) and tests for the detection of Antigens specific to SARS-CoV-2. The COVID-19 Antigen test (www.gtxmask.com) is a lateral flow immunochromatographic assay for the detection of extracted nucleocapsid protein antigens specific to SARS-CoV-2 in nasopharyngeal swab specimens collected from individuals who are suspected of COVID-19 by their healthcare provider within the first five days of symptom onset. Key Attributes of the Rapid Test Kit: Approved under the EAU act. Made in the U.S.A.  Test results within 10 minutes. No Lab […]

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CEO Speaks on Printed Masks – Video

GTX Corp; Our Custom Masks and the Power of In Your Face Branding

GTX Corp Launches COVID-19 IgG/IgM Antibody Rapid Test Kit Expanding its Line of Medical Products and Supplies

LOS ANGELES, CALIFORNIA – December 17, 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 a supplier of personal protective medical equipment, announced today that it has begun the sales and distribution across the U.S. of COVID-19 IgG/IgM Antibody Rapid Test Kits. The Rapid Test Kit detects antibodies to SARS-CoV-2 with 97% accuracy in less than 15 minutes, and provides an affordable and convenient testing solution. Key Attributes of the Rapid Test Kit: Approved under the Food and Drug Administration (FDA) Emergency Use Authorization (EUA) act. Quick, easy, and simultaneous detection of the two major antibodies for coronavirus. Non-invasive; simple pin prick blood test. Test takes 1 minute with results in 15 minutes on the spot, no need to send to a lab. Low cost –retails for around $17.50 / wholesale around $10.00. […]

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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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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 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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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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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, […]

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