SeeThruEquity Initiates Coverage on GTX Corp. (OTCQB: GTXO) with a Price Target of $0.09

The report is available here: GTXO Initiation Report.  SeeThruEquity is an approved equity research contributor on Thomson First Call, Capital IQ, FactSet, and Zack’s. The report will be available on these platforms. The firm also contributes its estimates to Thomson Estimates, the leading estimates platform on Wall Street.

Headquartered in Los Angeles, CA GTXO is focused on providing innovative, wearable technology solutions in the personal location services marketplace using 2-way GPS tracking technology.  Through two subsidiaries, GTX California and LOCiMOBILE, the company has developed an innovative line of products targeting the consumer, e-Health and enterprises market with wide-reaching potential applications in the fast-growing, multi-billion dollar wearable technology and personalized location markets.  We see several potential growth drivers for GTXO over the next 12-18 months, as the company appears to be gaining traction with the commercial launch of its well-conceived GPS SmartSole® platform.  The SmartSole® platform employs proprietary technology and a subtle design to empower people with cognitive memory disorders to remain active without the fear of endangering themselves or alarming their caregivers.  SmartSole® is a best in class solution designed to assist caregivers of potential wanderers, including those suffering from Alzheimer’s, dementia, autism and special needs teens / adults.  In just the first six months since its commercial launch, GTXO already has more than half a dozen regional sales reps, 150 online affiliates, and 17 international distributors selling the product in over 20 countries.   The company also has a growing stable of athlete endorsements and brand ambassadors including several current and former NFL players concerned about cognitive health, such former NFL All-Pro running back Clinton Portis and Miami Dolphins offensive tackle Jason Fox, among others.