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Internet Stock ReviewGBT Technologies (GTCH) Aims to Power Wearable GPS Tracker for Seniors.

By Editor / Curator -June 16, 2021 GBT Technologies and GTX Corp. Enter into an LOI for Proposed Worldwide Licensing for Manufacturing, Sales, and Distribution “You can’t rely on them putting something around their neck,” said GTX Corp CEO Patrick Bertagna. “It can stigmatize them, so that’s where the whole wearable concept came about– putting something that’s invisible and can’t be seen. Slip it into their shoes, and every time they walk out of the door they have a tracking device on them.” GBT Technologies signs Letter of Intent (“LOI”) with GTX Corp., to develop a framework of cooperation between the companies to evaluate the viability and market size of the Company’s Intellectual Property and product line for worldwide exclusive licensing rights to manufacture, sell and distribute their products. “We believe this proposed relationship with GTX can improve our go-to-market efforts for our IP and products. GTX’s proven extensive Global reach, experience in getting innovative […]

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GTX Corp to Present at LD Micro Invitational XI

LOS ANGELES, CALIFORNIA June 3, 2021 GTX Corp. (OTC: GTXO), a pioneer in the fields of health & safety wearable GPS human and asset tracking systems and personal protective medical equipment and supplies, announced today that it will be presenting virtually at the upcoming LD Micro Invitational XI event on Tuesday, June 8, 2021 at 11:00 AM EST. Patrick Bertagna, CEO of GTX Corp., will be giving the presentation. GTX Corp is a leading innovator in wearable GPS and asset tracking solutions and through recent advances in technology, patents, and proprietary developments, GTX is well positioned to penetrate certain vertical market sectors such as (elderly care, monitoring children, shipping and high value asset management) of the sizable and growing Wearable Tech, and Track & Trace markets.  Best known for its award-winning patented GPS SmartSole® – Think Dr. Scholl’s meets LoJack, the world’s first invisible wearable technology tracking device created for […]

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GTX Corp Reports First Quarter 2021 Financial Results and Corporate Summary Update

LOS ANGELES CALIFORNIA, May 18, 2021 GTX Corp (OTC: GTXO) (“the Company”), a pioneer in the fields of: health & safety wearable GPS human and asset tracking systems and personal protective medical equipment and supplies, today announced financial results for the First Quarter ended March 31, 2021 and provided the following corporate summary: First Quarter Financial Highlights Overall Revenue increased 138% over 2020 comparable period.  Product Sales increased 445% over 2020 comparable period. Cash on Hand increased 319% over 2020 comparable period. Wages & Benefits decreased 21% over 2020 comparable period. G&A decreased 22% from 2020 comparable period. Current Debt & Liabilities reduced by $709k over 2020 comparable period. Debt reduced by $165K in first quarter 2021. Loss from Operations decreased 8% from 2020 comparable period. Did not take on any new debt. First Quarter 2021 Business Highlights and Developments Strong product sales, despite COVID-19. Broadened product offerings in the […]

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New GPS SmartSole Begins Testing and Certification Across Europe and North America

LOS ANGELES CALIFORNIA, May 12, 2021 — GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of location based wearable GPS human and asset tracking systems and a supplier of Health and Safety personal protective medical equipment, today announced it will begin testing its new Cat M1 LTE SmartSoles across North America, Europe and Australia, and will begin the regulatory certification process for FCC/IC and CE. The following week will begin the device network certification with Verizon, which will be providing the cellular connectivity for the North American market. GTX will also be testing with Orange and Telefonica for connectivity in Europe and Australia. “With over 200 back orders and increasing demand every day, we intend to begin production as soon as we complete testing and certification, expected sometime next month, and then immediately start fulfilling all pre orders and back orders first,” stated Andrew Duncan […]

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GTX Corp to Collaborate with TulsaLabs to Develop Blockchain Authentication and Security for its NFC Supply Chain Tracking Solutions

LOS ANGELES, CALIFORNIA, May 05, 2021 (GLOBE NEWSWIRE) — GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of wearable GPS human and asset tracking systems and a supplier of Health and Safety medical supplies and devices, announces collaboration with TulsaLabs, a division of AppSwarm, Corp. (OTC: SWRM), to develop blockchain solutions around GTX Corp’s Near Field Communication (NFC) technology and GPS human and asset tracking platform. GTX Corp previously utilized a third-party blockchain provider, which unfortunately is no longer in business, so will now begin working with TulsaLabs to develop and vertically integrate blockchain technology into its track and trace solutions which will become more robust while increasing transparency, security, compliance, provenance, and automated administrative operations using smart contracts. “Where supply chain management has become hyper important in our post pandemic recovery, making sure perishable foods, beverages and pharmaceuticals such as vaccines which require, authentication, […]

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Double Mutant COVID Variant Discovered in California’s Bay Area

A new and potentially more contagious variant of the coronavirus has been found in California’s Bay Area. One confirmed case and seven presumed cases of the variant, which originated in India, were detected by Stanford’s Clinical Virology Laboratory, a spokesperson for Stanford Health Care told Fox News Sunday. The new variant is being dubbed the “double mutant,” as it carries two mutations of the virus.  CDC Director Says She Has a Sense of ‘Impending Doom’ About Fourth COVID Wave:   With a potential fourth wave on the way, and now multiple variants in the U.S. which aren’t necessarily more dangerous but have shown to be more infectious, mounting an immune response is key along with knowing if you have the IgG or IgM Antibodies. Rapid test kits available here. Researchers discovered the mutations by scanning viral genetic sequences in Stanford patients. The new mutation is believed to be the first of its kind in […]

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GTX Reports 2020 Financial Summary

LOS ANGELES CALIFORNIA, April 5, 2021 GTX Corp (OTC: GTXO) (“GTX” or the “Company”), a pioneer in the field of location based wearable GPS human and asset tracking systems and a supplier of Health and Safety personal protective medical equipment, today announced a summary for the year ended December 31, 2020. 2020 Financial Highlights: Product Revenue increased 109% over 2019 comparable period. Total Revenue decreased 29% over 2019 comparable period. Online ecommerce sales increased 875% over 2019 comparable period. Increased number of online customers by over 718% over 2019 comparable period. B2B and government customers increased by 46% over 2019 comparable period. G&A expenses decreased 22% over 2019 comparable period. Loss from Operations decreased 435% over 2019 comparable period. Other Income/(Expense) reduced 133% over 2019 comparable period. Reduced debt on balance sheet by approximately 35% Management commentary: Patrick Bertagna, GTX Corp CEO. In these unprecedented times we want to first […]

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CDC warns U.S. headed for ‘impending doom’ as Covid cases are on the rise again- CNBC

Even with 2.7 million vaccines being administered daily, leading public health experts are sounding off the alarm bells. U.K, variant known as B.1.1.7, has now been detected in every state except Oklahoma, according to the CDC’s most recent data. The agency is also carefully watching another variant found in New York City, known as B.1.526, which is also thought to be more transmissible compared with previous strains. GTX recently announced it will begin shipping Rapid Antibody and Antigen test-kits to the U.K as new cases continue to increase across Europe. Dr. Anthony Fauci stated that the troublesome virus mutations aren’t the only reason cases are on the rise. More Americans, tired of pandemic restrictions and reassured by the lifesaving vaccines, are traveling for spring break. Some state leaders are pulling back on restrictions, including mask mandates, intended to slow the virus’s spread. Even with more than 72% of Americans ages 65 and older have now […]

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Forbes.com- COVID on the rise again as new, more contagious coronavirus variants are spreading rapidly across the U.S

The Biden administration is urging States to not drop mask mandates as the U.S. added 86,903 new Covid-19 cases Wednesday—the highest in a single day since Feb. 13, according to Johns Hopkins. And the 7-day rolling average for new cases is also now on the rise, reaching 56,411 on Wednesday. According to a New York Times tracker, U.S. hospitalizations actually rose from 38,565 Monday to 39,439 on Tuesday, which is the most recent date data is available. New, more contagious coronavirus variants are spreading rapidly across the U.S., with two new variants which already make up the majority of cases in California. GTX Corp a Health & Safety provider based in Los Angeles California continues to supply homes, schools and businesses with essential protective equipment such as masks, sanitizers, wipes, disinfectants, and Antibody and Antigen tests for those who want a fast and accurate way of knowing if they are infected or have the antibodies. […]

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