GTX Corp GTXO Archives - QualityStocks

ThursdayJan 03, 2019 10:27 am

QualityStocksNewsBreaks – GTX Corp (GTXO) Secures $500,000 Revolving Line of Credit and Signs Two New Distributors

GPS technology-focused holding company GTX Corp (OTC: GTXO) this morning announced that it has secured a revolving line of credit for production financing and has signed two new Canadian and U.S. distributors. According to the update, a private institutional partner will provide an interest and royalty based credit line, initially for $500,000 with potential for the lender to increase to $3 million, that GTXO can draw down on, as needed, based on product demand and receipt of purchase orders. In addition, the company has onboarded two new distributors, which officially launched SmartSole sales over the holidays, including Orange County, California-based…

TuesdayNov 27, 2018 11:47 am

QualityStocksNewsBreaks – GTX Corp (GTXO) Provides Q3 2018 Financial Summary

GPS technology-focused holding company GTX Corp (OTC: GTXO) this morning announced financial highlights for the third quarter ended September 30, 2018. According to the update, over the 2017 comparable period: third quarter financial highlights reflected an overall revenue increase of 12 percent and product sales increased 43 percent; nine month financial highlights reflected an overall revenue increase of 31 percent and product sales increase of 73 percent. “As highlighted above, we had incremental improvements with single or double-digit increases or decreases in the major metrics we measure – revenues were up, subscribers were up, margins were up, while our cost…

WednesdayOct 31, 2018 9:27 am

QualityStocksNewsBreaks – GTX Corp (GTXO) Begins Trading on the OTCQB Venture Market; CEO to Present at the SoCalBio Smart Wearable Digital Health Conference

GPS technology-focused holding company GTX Corp (OTC: GTXO) this morning announced that it has received approval to uplist to the OTCQB Venture Market. The requirements to trade on the OTCQB include being current in reporting and undergoing an annual verification and management certification process. GTXO’s shares commenced trading on the OTCQB today, October 31, 2018. Additionally, the company reported that it will be presenting at the 2018 2nd Annual SoCalBio’s Digital Health Conference taking place on November 9 at Hotel Maya in Long Beach, California. The company’s CEO, Patrick Bertagna, will join other industry experts to discuss how smart wearables…

MondayOct 01, 2018 10:56 am

QualityStocksNewsBreaks – GTX Corp (GTXO) Announces Launch of NFC-Enabled Pet Tracking Device

GPS technology-focused holding company GTX Corp (OTC: GTXO) this morning announced the launch of its new GPS tracker and Near Field Communication (NFC) digital ID system, Rover Tracker. Per the update, Rover Tracker will provide on-demand GPS location information, as well as NFC technology, creating a secure link connecting real-time profile and contact information to the person who finds the pet wearing the device. “Our goal is to incorporate NFC technology across our entire GPS product line,” Patrick Bertagna, CEO of GTX Corp, stated in the news release. “The GPS/NFC combination will enable us to provide a secure physical-digital link,…

WednesdaySep 12, 2018 10:47 am

QualityStocksNewsBreaks – GTX Corp (GTXO) Reports GPS Tracking Device Distributor Secures Two Year Supply Contract with the Norwegian Government

GPS technology-focused holding company GTX Corp (OTC: GTXO) this morning announced that SafeCall, a Scandinavian distributor, was awarded a two-year contract to supply Oslo, Norway with wearable GPS devices and a 24/7 cloud service center to assist in remote monitoring and look after people with cognitive disabilities. The Norwegian Government identified two target groups to 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. Following the news of the contract, GTX…

FridaySep 07, 2018 12:27 pm

GTX Corp (GTXO) Inks New Contract with US Military, Continues to Open New Markets for Assistive GPS Tracking and Digital ID Solutions

U.S. Air Force signs new order for GTX Corp’s proprietary encrypted GPS technology platform designed to track personnel and equipment Company signs distribution and collaboration agreement with KGH, Inc.; KGH founder and CEO Dr. Kathleen Kiernan, a 29-year veteran of federal law enforcement, joins GTX Corp advisory board Number of subscribers to GTX technology up 57 percent and subscriber revenue up 108 percent in Q2 2018 GTX’s flagship GPS SmartSole product designed to improve and save lives of at-risk individuals with dementia, Alzheimer’s and autism; currently in pilot program under NHS in the UK Number of people living with dementia…

WednesdaySep 05, 2018 11:56 am

QualityStocksNewsBreaks – GTX Corp (GTXO) Receives Contract from Edwards Air Force Base

GPS technology-focused holding company GTX Corp (OTC: GTXO) this morning announced that it has received a new contract from Edwards Air Force Base for additional units of its Personnel, Equipment Tracking System (P.E.T.S.), a lightweight, mobile, non-cellular, encrypted GPS technology platform designed to track personnel and equipment. “It is a true honor to support our military and to be entrusted with developing GPS technology solutions that, at their core, are designed to help save lives,” Patrick Bertagna, CEO of GTX Corp, stated in the news release. “Edwards AFB conducts live ammunitions testing; hence, knowing where every person and asset are…

WednesdayAug 29, 2018 10:41 am

GTX Corp (GTXO) Subscriber Revenue Up 108 Percent in Q2 2018

Second quarter results show number of subscribers up 57 percent and subscriber revenue up 108 percent National governments of U.S., UK see potential applications of GTX Corp products in health services U.S. military using GTX wearable GPS technology to track assets and personnel GTX Corp (OTC: GTXO), a company that develops and produces wearable GPS technology for tracking individuals and assets, has announced a 108 percent increase in subscriber revenue. Releasing its second quarter results, the company said that revenue was up seven percent and subscriber numbers increased by 57 percent, as compared to the same period of the previous…

WednesdayAug 29, 2018 9:57 am

QualityStocksNewsBreaks – GTX Corp (GTXO) Details New Strategic Partnership with Kiernan Group Holdings, Inc.

GPS technology-focused holding company GTX Corp (OTC: GTXO) this morning announced its entry into a bilateral distribution and collaboration agreement with Kiernan Group Holdings, Inc. (“KGH”), an intelligence, law enforcement and national security consulting, training and risk services firm providing tailored solutions to complex security challenges. Led by CEO Dr. Kathleen Kiernan, the KGH team boasts earned experience across the public and private sectors, domestically and internationally. As part of this new strategic partnership, GTX and KGH will resell, cross-promote and collaborate on projects that fit their mutual core competencies, which not only make the world a better place, but…

TuesdayAug 28, 2018 3:13 pm

QualityStocksNewsBreaks – GTX Corp (GTXO) Delivers Peace of Mind with Wandering Assistive Technology

GTX Corp (OTC: GTXO), a pioneer in the field of wearable GPS technology, is providing peace of mind to families in the form of dedicated wandering assistive technology. The company recently signed a collaboration agreement with Autism Society of America. An article further discussing the company reads: “Safety concerns are growing among the thousands of families that benefit from the society’s assistance, according to Autism Society of America President Scott Badesch. Wandering is one of the primary concerns, as nearly 50 percent of the children that have been diagnosed with autism will wander. The Centers for Disease Control and Prevention…

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