Daily Archives: January 2, 2019

GTX Advisor Kathleen Kiernan Featured in American Security Today Awards

We are proud to see GTX Corp Advisor, Kathleen Kiernan, of Kiernan Group Holdings, featured in the 2018 American Security Today publication, Champion’s Edition. They received two awards for their work in producing homeland security educational resources and curriculum.  For the office environment they offer active threat readiness Preparedness without Paranioa, and for students, Lucky the Preparedness Dog educates children in age appropriate means about how to react during events ranging from bullying to terrorism. Congratulations, Kiernan Group Holdings, and CEO Kathleen Kiernan on your awards and recognition! We look forward to our continued partnership and future collaboration in the security field. In addition to advising GTX on security and law enforcement initiatives, Kathleen is an integral part of the new “Smart School Safety Network” GTX is launching, utilizing BLE, NFC and indoor positioning technology. American Security Today  – ‘PROTECTING OUR NATION, ONE CITY AT A TIME’ 222 Pages of In Depth Coverage Dedicated to Government Security, Homeland […]

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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