GTX Corp Reports First Quarter 2017 Summary Results
LOS ANGELES, CA – May 16, 2017 – GTX Corp. (OTCQB: GTXO), an IoT platform and leading provider of personal location GPS wearable technology and wandering assistive technology, announced financial summary for the first quarter ended March 31, 2017. First Quarter Highlights Revenue increased 65% over 2016 comparable period Subscriber revenue increased 162% over 2016 comparable period Net operating losses decreased 3% over comparable period Accounts payable decreased 34% over comparable period During the quarter ended March 31, 2017 the Company continued exploring sales channel opportunities in Colombia, Japan, Hong Kong, Spain and the Middle East. Also attended numerous trade shows in the U.S. and Europe, introducing its technology, products and solutions to potential new strategic partners, distributors and customers. Domestically the Company added two States in the reimbursement program, attended several industry trade shows and began a Google ad word advertising campaign directed at driving online consumer sales. […]