GTX Corp Secures a $500,000 Revolving Line of Credit for Product Financing and Signs up Two New Distributors

LOS ANGELES CALIFORNIA, January 3, 2019 GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of wearable GPS human and asset tracking systems and wandering assistive technology, today announced securing a revolving line of credit for production financing, and onboarding two new distributors, one in Canada and the other in the U.S. A private institutional partner will provide inventory and production financing in the form of an interest and royalty based credit line, whereby the Company can draw down on an as needed basis upon product demand and receipt of purchase orders. The initial credit line is for $500,000 and based on payment history and product demand the lender may increase the line to three million dollars. This credit line will provide the Company growth capital without taking on more convertible debt. The Company also signed up two new distributors which officially launched SmartSole sales over the Holidays. […]

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GTX Corp Third Quarter 2018 Summary

Revenue increased 12%, Product Sales increased 43%, Subscribers increased 62% LOS ANGELES CALIFORNIA, November 27, 2018 GTX Corp (OTCQB: GTXO) (“the Company”), an Internet of Things (IoT) solutions provider in the GPS wearable location and wandering assistive technology business announced today a summary for the third quarter ended September 30, 2018. Third Quarter Financial Highlights Overall Revenue increased 12% over 2017 comparable period. Product Sales increased 43% over 2017 comparable period. International Subscribers increased 120% over 2017 comparable period. Domestic Subscribers increased 33% over 2017 comparable period. COGS decreased 31% from 2017. Gross Margin, excluding IP, increased 34% from 2017. Wages & Benefits decreased 3% from 2017. Other expenses decreased 87% from 2017. Nine Month Financial Highlights Overall Revenue increased 31% over 2017 comparable period. Product Sales increased 73% over 2017 comparable period. Subscriber Revenue increased 20% over 2017 comparable period. Total Subscribers increased 73% over 2017 comparable period. COGS decreased […]

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Rover Tracker Blog & News

GTX Corp Showcasing its Line of Wearable Technology Solutions at the 2018 2nd Annual SoCalBio’s Digital Health Conference

CEO Patrick Bertagna participated on two separate panels discussing reimbursement, consumer adoption, privacy and remote monitoring.  

GTX Corp Approved for Listing on the OTCQB Venture And will be Presenting at the SoCalBio Smart Wearable 2nd Annual Digital Health Conference

LOS ANGELES, CALIFORNIA – October 31, 2018 – GTX Corp (OTCQB: GTXO), an Internet of Things (IoT) solutions provider in the wearable GPS location and wandering assistive technology business, announced today it has received approval to be upgraded to the OTCQB Market. Beginning today GTX Corp shares will trade on the OTCQB Venture Market. To qualify companies must be current in their reporting and undergo an annual verification and management certification process. Investors will now be able to find Real-Time quotes and market information for the Company on www.otcmarkets.com.   GTX Corp will also be presenting at the 2018 2nd Annual SoCalBio’s Digital Health Conference which will be held November 9 at Hotel Maya in Long Beach, California. Fifteen Los Angeles based companies will showcase their latest medical-grade smart wearables for fitness, remote monitoring, elderly care, disease management and healthcare workflow.   GTX Corp’s Chief Executive Officer, Patrick Bertagna, will […]

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AIPIA.com- From Pets to Packaging?

27-10-2018 GTX Corp an Internet of Things (IoT) solutions provider in the GPS wearable location and wandering assistive technology business, recently announced the launch of a new GPS tracker and Near Field Communication (NFC) digital ID system called Rover Tracker. Its for Pets, not PET bottles, but the furry kind. But hey, its a small step from Man’s Best Friend to Packaging In addition to providing on demand GPS location information, Rover Tracker will also include NFC technology, creating a secure link connecting a real time profile and contact information to the person who finds a lost pet. The GPS Rover Tracker will be the first GTX product to include NFC technology,which will enable the company to demonstrate the value of providing a unique single physical and digital ID with real time location and information delivery. The pairing of GPS and NFC supports GTX Corp’s expansion into blockchain security and asset management across multiple distribution and supply […]

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Pets and Emergency Preparedness

Hurricane season is upon us and unfortunately, that often means danger for us and our pets. Here is some pet emergency preparedness information from Ready.gov to help you prepare a plan and build a kit for your pets and large animals including ensuring they have some form of identification on them. Build a Kit Include basic survival items and items to keep your pet happy and comfortable. Start with this list, or download Preparing Makes Sense for Pet Owners-Emergency Preparedness Pet Kit List (PDF)  to find out exactly what items your pet needs to be Ready. Food. At least a three day supply in an airtight, waterproof container. Water. At least three days of water specifically for your pets. Medicines and medical records. Important documents. Registration information, adoption papers and vaccination documents. Talk to your veterinarian about microchipping and enrolling your pet in a recovery database. First aid kit. Cotton bandage rolls, bandage tape and scissors; […]

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GTX Corp Launches New Pet Tracker with NFC Digital ID System

LOS ANGELES, CALIFORNIA – October 1, 2018 – GTX Corp (OTCBB: GTXO) (“the Company”), an Internet of Things (IoT) solutions provider in the GPS wearable location and wandering assistive technology business, announced today the launch of its new GPS tracker and Near Field Communication (NFC) digital ID system Rover Tracker. In addition to providing on demand GPS location information, Rover Tracker will also include Near Field Communication (NFC) technology, creating a secure link connecting your real time profile and contact information to the person who finds your pet. The GPS Rover Tracker will be the first GTX product to include NFC technology which will enable the Company to demonstrate the value of providing a unique single physical and digital ID with real time location and information delivery. The pairing of GPS and NFC supports GTX Corp’s expansion into blockchain security and asset management across multiple distribution and supply chains. The […]

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Introducing Rover Tracker!

We are pleased to announce the soon to be arriving, Rover Tracker! This is the first pet tracker produced by GTX Corp, where we strive to help you Track What You Love– and that includes your furry friends & family! Check back here for more news, updates, blog and customer reviews about Rover Tracker.

Norwegian Government Awards GTX Corp Distributor a Two Year contract to Supply GPS Tracking Devices

LOS ANGELES, CALIFORNIA – September 12, 2018 – GTX Corp (OTCBB: GTXO) (“the Company”), a pioneer in the field of wearable GPS human and asset tracking systems and wandering assistive technology, announced today Scandinavian distributor, SafeCall was awarded a coveted 2 year contract to supply the municipality of Oslo, Norway with wearable GPS devices along with a 24/7 cloud service center to assist in remote monitoring and look after people with cognitive disabilities. The Norwegian Government has identified two target groups which will receive the fully subsidized solution, elderly people with dementia and cognitive impairment who still live independently, and children or adolescents with disabilities, especially who are the most “at risk” and therefore would benefit from using wearable GPS technology.   Post being award the contract, GTX launched its size small SmartSole which is now being considered to be added to the contract by the Oslo municipality.   “We […]

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