GPS technology-focused holding company GTX Corp (OTC: GTXOD) today announced that FINRA has approved and made effective the reverse split filed on June 25. For the next 20 days, the company’s stock will trade under the ticker symbol ‘GTXOD’ before reverting back to ‘GTXO’ after all trading platforms have been updated. “We are very pleased with how quickly this became effective – a tribute to our legal team, CFO and our 10 years of being a fully reporting audited company,” Patrick Bertagna, GTX Corp CEO, stated in the news release. “As part of our comprehensive plan to make the public side of the business more reflective of the Company’s true value, we will begin immediately to prepare for the up-listing to the OTCQB Venture Exchange.”
To view the full press release, visit http://ibn.fm/sF0NH
About GTX Corp
GTX Corp (GTXOD) is a pioneer in smart, mobile and wearable GPS tracking and recovery location-based products, supported through a proprietary IoT enterprise monitoring platform. GTX offers a global end-to-end solution of hardware, software and connectivity. GTX Corp develops two-way GPS tracking technologies, which seamlessly integrate with consumer products and enterprise applications. GTX Corp utilizes the latest in miniaturized, low power consumption GPS, cellular, RF and BLE technology, enabling subscribers to track in real time the whereabouts of people or high-value assets through a complete end to end — customizable transceiver module, wireless connectivity gateway, smart phone apps, middleware and IoT portal. Headquartered in Los Angeles, California, GTX is known for its game-changing and award-winning patented GPS SmartSole® — think Dr. Scholl’s meets LoJack, the world’s first invisible, wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX Corp’s business model is built around technology innovation and holds over 85 patents, with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a U.S. Military Government contractor. Other customers include public health authorities and municipalities, emergency and law enforcement, NGOs, private companies, public and private senior care homes and consumers. For more information, visit the company’s website at www.GTXCorp.com
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