NetworkNewsBreaks – GTX Corp (GTXOD) Announces FINRA Approval of Reverse Split

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://nnw.fm/9A9tX

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

More from NetworkNewsBreaks

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Reports Significant Increase in Transaction Processing Volume NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Submits Application to Uplist to the NASDAQ Capital Market NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary to Launch Operations in New Retail Merchant Location

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Latest News

AP Exclusive: Google tracks your movements, like it or not

Aug 15, 2018

SAN FRANCISCO — Google wants to know where you go so badly that it records your movements even when you explicitly tell it not to. An Associated Press investigation found that many Google services on Android devices and iPhones store your location data even if you've used a privacy setting that says it will prevent Google from doing so. Computer-science researchers at Princeton confirmed these findings at the AP's request. For the most part, Google is upfront about asking permission to use your location information. An app like Google Maps will remind you to allow access to location if you...

Japanese students use VR to recreate Hiroshima bombing

Aug 15, 2018

FUKUYAMA, Japan — It's a sunny summer morning in the city of Hiroshima, Japan. Cicadas chirp in the trees. A lone plane flies high overhead. Then a flash of light, followed by a loud blast. Buildings are flattened and smoke rises from crackling fires under a darkened sky. Over two years, a group of Japanese high school students has been painstakingly producing a five-minute virtual reality experience that recreates the sights and sounds of Hiroshima before, during and after the U.S. dropped an atomic bomb on the city 73 years ago Monday. By transporting users back in time to the...

Tap and pray: Churches using card readers for donations

Aug 15, 2018

LONDON — Thousands of Christian churches across the world are now using portable card readers or apps to take donations as people increasingly stop carrying cash on them. The Church of England says 16,000 religious sites now have access to portable card readers. In the U.S., hundreds of churches have installed kiosks where the faithful can swipe a card to donate. Others are popularizing smartphone apps where money can be sent over at any time. "How we pay for things is changing fast, especially for younger church-goers, who no longer carry cash, and we want all generations to be able...

Palestinian teens reach finals of Silicon Valley app pitch

Aug 15, 2018

NABLUS, West Bank — Four Palestinian high school friends are heading to California this week to pitch their mobile app about fire prevention to Silicon Valley's tech leaders, after winning a slot in the finals of a worldwide competition among more than 19,000 teenage girls. For the 11th graders from the Israeli-occupied West Bank, the ticket of admission to the World Pitch Summit signals a particularly dramatic leap. They come from middle class families that value education, but opportunities have been limited because of the omnipresent Israeli-Palestinian conflict, prevailing norms of patriarchy in their traditional society and typically underequipped schools...

Ditch the joystick? Swiss develop jacket that pilots drones

Aug 15, 2018

LAUSANNE, Switzerland — Ever dreamt of flying without flapping wings, airplanes, hand-gliders or wing suits — just soaring free over the landscape with arms outstretched like Superman? Thanks to virtual reality and advanced motion sensors, drone pilots can now experience something close to that imaginary sensation. Scientists, engineers and robotics experts at a Swiss university have developed a jacket that allows users to fly drones hands-free: the drone is controlled simply by moving one's torso. The team at Ecole Polytechnique Federal de Lausanne hopes the technology could one day be used by rescuers, farmers, Hollywood camera crews and beyond. "Our...

About Us

Science Thread delivers quality and fascinating science and technology content that matters on a daily basis and makes it go viral.

Contact us: sales@sciencethread.com