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Actual buying coming in
Like to see this move back above 005-006 and would turn much more bullish
Ask back into .005's
US COVID cases rise (fall around corner)
Global tally of COVID cases down 9% in latest week, but infections are still climbing in the U.S.
Published: Aug. 4, 2022 at 10:33 a.m. ET
Cases rose 2% in the U.S. — the second sharpest weekly increase after Japan’s
https://www.marketwatch.com/story/global-tally-of-covid-cases-down-9-in-latest-week-but-infections-are-still-climbing-in-the-u-s-11659623633?mod=bnbh
qTerm looks great as COVID monitoring play monitoring temps and such
Deal with qTerm
qTerm is a smart thermometer and vital signs monitoring device that uses a thermal sensing system and unique Al technology.
qTerm aims to create a global vital signs network that will allow authorities to anticipate medical data for pandemics, epidemics, and seasonal viruses
https://qterm.me/
$GTCH and $GTXO Enter into a Second Letter of Intent Covering the Potential Worldwide Licensing rights for the Manufacturing Sales and Distribution Focusing on qTerm
https://marketwirenews.com/news-releases/gbt-technologies-and-gtx-corp-enter-into-a-second-le-6101975754494751.html
Vigil Health Solutions - tweet
👟 We’ve partnered with @GTXCorp to provide the GPS SmartSole System. This technology is an easy-to-use, 2-way GPS tracking device that utilizes cell phone networks to send notifications back to your Vigil System.
— VigilHealthSolutions (@VigilHealth) July 22, 2022
Now, how cool is that? https://t.co/cgyXh8Kopu#SeniorLiving pic.twitter.com/9Z6nwFRGma
That is true. We Shall See!
Lmao, I totally did
I dont think I've done that before my apologies....been crazy morning wasnt paying attention.
But since while Im here, none of us happy with plan, but I am suprised how well GTXO is holding up as I've seen other deals just implode....this is holding up pretty good.
Every day this holds increases risk this might work.
.....of course we shall see
Did you post this on the wrong board? TCGB
TGCB Hires Marketing Director (former hacker)
One reason I purchase Crypto is that they cannot ever dilute the token if fully subscribed, as GTXO dilutes the shares and then does a R/S on us. No R/S in Crypto.
I’ve been here and I’m also loosing a lot but I guess I’ll have to hold and see if the gps devices sell and subscription sales start to generate sales. Since I bought more shares @ .0076 before this drop. If I can’t catch one fu-king winner I’ll sell everything and buy a BIG Board Stock that pays a dividend and then I’ll Post on Google and Twitter and Facebook to STAY AWAY from GTXO because of REVERSE SPLITS and STOCK DILUTION. And BANK AMERICA ANALYST’s are ASS HOLES PUMPING THIS STOCK to HIT $6.00 Plus. Just go back and read articles when it went to .15 CENTS
Holding up better than I thought
Seems to have buyers willing to take sellers shares above .005
If we can hold that line this thing could have a chance. The one saving grace is this stock is it wasn't flushed with day flippers so once these sellers exit out that may be it.
I don't blame anyone for hitting exit button, but if buyers keep taking these shares above .005 that would be positive.
Every day that passes this holds up the better this may be.
The reverse split you just announced was unexpected, is certainly having a demoralizing effect on your investors. The ONLY investors you have left. You has diluted and punished its shareholders for trusting YOU in the past, and having been treated unfairly remains.
All the thing he do won't matter no more. Nobody is going to trusted the scumbag CEO . Nobody will touch this stock, after the R/S PPS will drop backdown to sub penny. The only different this time is drop much faster.
When They Wander, You'll Never Wonder.
https://www.gpssmartsole.com/
What Is GPS SmartSole?
The Award Winning, Multi-Patented, World's First Hidden Wearable GPS Tracking Solution for Those Who Wander.
SmartSole® is a GPS tracker hidden and sealed within a water-resistant shoe insert. THE KEY ADVANTAGE: SmartSole® is discreet and your loved one won’t forget to bring it with them!
Shop Now
-------------------------------------------------------------------------------------------
SmartSoleGPS
@smartsoleGPS
GTX Corp’s SmartSole, the world’s first invisible GPS tracking device for caregivers of Alzheimers, dementia and autism. SmartSole’s patented insole provides real-time location data for loved ones who wander.
------------------------------------------------------------------------------------------
Medalert is a far better name which can be used in the global marketing strategy immediately.
Marketing is getting going...
That is a paint job with 11,000 share cost about $81.40
A few year ago he did a r/s hit me hard I lost 70% value then I average down thinking the patents worth something and maybe hopefully thing can turn around. I was wrong. During the year he pumping news partnership, videos goverment contract...turn out nothing value, only a few thousand dollar worth of product. There is no goverment contract record on the filings. That number I think he crook the book to make it look like the goverment bought his product is legit.
1/65 R/S beware of this scam. He's going to wipe out take all the loyal shareholder to the cleaner.
If he really want to play the far game then r/s 1/65 A/S as well. Clearly his intention is dilute, dilute the stock just like he has been doing this for the past 10 years.
couldnt agree more PB...all Bertagna does is dilute to pay HIMSELF...
Closed green!
If there's no toxic notes maybe split works
What kills post splits is some toxic note holder taking advantage and starts converting into new higher price.
If GTXO has wiped away those toxic note holders maybe won't see that sell off after.
My guess they doing this to do Reg A (which would be restricted shares) to ramp up production for sales orders.
The new company name Medalert is much better then GTX Corp as it sounds ore like a medical device company.
Company has eliminated toxic debt
Dang, just saw the news. I’ve been in a few RS and have watched several. I have never seen a RS turn into a positive situation post RS. Not sure if I will stick around for this one or not. I would feel if you have eliminated toxic debt, you should be able to get something positive going. What’s a RS do besides hurt your current backers?
Per Ludlow on Twitter,
GTX Corp has eliminated their toxic debt.
This reduces any post restructuring dilution to share price from note conversions.
New brand and tighter float opens door to higher caliber investor participation
He doesn't give a rat ass about the business. How many times he announce partnership and do nothing no sale generate at all. This guy is in business milking the shareholder. Every two to three years he hit us with R/S . He pay himself with million dollar salary, bonus plus back door consulting money. This is a scam stock stay away from this scumbag.
As of today I will no longer supporting this scumbag scam diluting stock. This is a second time he do the r/s. within less than 3 years. Clearly all he want to do is pumping his videos and everytime he issue news he dump heavy diluting the stock. In the past ten years he do nothing for the stakeholder. Slowly but surely he dump dump dump then do r/s wipe out all the loyal shareholders.
1/65 R/S if you have one hundred thousand shares after the r/s you get 1538 share
Stay away from this scam stock.
Medalert better reflects medical device business.
GTX Corp was always this weird name like was this a telecom stock, or what.
Branding company as Medalert opens door for more products and branding which can excite market for current name was kind of yawn.
This could give GTXO an extra medical device hype into trading
Agree, GTXO needs new branding.
Dirty dogs get to $.40 a share at todays price. How long before they erode it down to todays price. This is the second time these dirty dogs did this to me. I damn sure do not like it.
GTX (PK) News
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Proxy Statement - Other Information (preliminary) (pre 14c)
July 19 2022 - 04:41PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14C INFORMATION
Information Statement Pursuant to Section 14(c) of the Securities Exchange Act of 1934
Check the appropriate box:
? Preliminary Information Statement
? Confidential, for Use of the Commission Only (as permitted by Rule 14c-5(d)(2))
? Definitive Information Statement
? Definitive Additional Materials
? Soliciting Material Under §240.14(a)(12)
GTX Corp.
(Name of Registrant as Specified in Its Charter)
Payment of Filing Fee (Check the appropriate box):
? No fee required.
? Fee computed on table below per Exchange Act Rules 14c-5(g) and 0-11.
1) Title of each class of securities to which transaction applies:
2) Aggregate number of securities to which transaction applies:
3)
Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11
(set forth the amount on which the filing fee is calculated and state how it was determined):
4) Proposed maximum aggregate value of the transaction:
5) Total fee paid:
? Fee paid previously with preliminary materials.
? Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
1) Amount Previously Paid:
2) Form, Schedule or Registration Statement No:
3) Filing Party:
4) Date Filed:
GTX CORP.
SCHEDULE 14C INFORMATION
Information Statement Pursuant to Regulation 14C
of the Securities Exchange Act of 1934 as amended
GTX CORP.
NOTICE OF STOCKHOLDER ACTION BY WRITTEN CONSENT
117 W. 9th Street #1214
Los Angeles, CA 90015
July 19, 2022
WE ARE NOT ASKING YOU FOR A PROXY AND
YOU ARE REQUESTED NOT TO SEND US A PROXY
Dear Stockholders:
GTX Corp. is referred to herein as the “Company”, “we, “our” or “us”.
This Preliminary Information Statement has been filed with the Securities and Exchange Commission and is being furnished, pursuant to Section 14C of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), to the holders (the “Stockholders”) of the common stock, par value $.0001 per share (the “Common Stock”), of GTX Corp. a Nevada Corporation (the “Company”), to notify such Stockholders that on or about June 24, 2022, the Company received written consents in lieu of a meeting of the Stockholders, and pursuant to §78.320 of the Revised Nevada Statutes, the holders of 900,000 shares of the Company’s Series A preferred stock representing approximately 66.66% or 494,175,384 votes of the 741,263,076 total votes represented by the issued and outstanding common stock of the Company and the votes granted to the Company’s Series A Preferred Stockholders in accordance with the super-majority voting power of the shares (the “Majority Vote”) as of such date approved and authorized the Company’s Board of Directors to take the following actions (the “Corporate Actions”):
(1) to approve an amendment to our Articles of Incorporation in order to effectuate a reverse stock split (pro-rata reduction of outstanding shares) of our issued and outstanding shares of Common Stock and Preferred Stock (Series A, B and C) at a ratio of 1-for-65 (the “Reverse Stock Split”), with the Reverse Stock Split to be effected at such time and date, if at all, as determined by the Board of Directors in its sole discretion. Further, as part of the Reverse Stock Split, proportionate adjustments of the Reverse Stock Split conversion ratio may be made to the per share price and number of shares of common stock that may be purchased or converted upon the exercise or conversion of certain outstanding series of preferred stock, stock options, warrants and convertible notes granted by the Company based on the terms of each respective security. However, no proportionate adjustments of the Reverse Stock Split conversion ratio will be made to the number of authorized shares of the Company’s Common Stock or Preferred Stock reserved for future issuance, nor presently designated but unissued Preferred Stock as part of the Reverse Stock Split; and
(2) to approve a separate amendment to our Articles of Incorporation (which, in the discretion of the Board, may be combined into one amendment or filed as two separate amendments as determined by the Board) in order to effectuate the Company’s name change from “GTX Corp.” to “Metalert, Inc.” (the “Name Change”).
This notice and accompanying Information Statement shall constitute notice to you the voting stockholder taking the aforementioned Corporate Actions by written consent, without a meeting and by less than unanimous consent of our stockholders, under §78.320 of the Revised Nevada Statutes.
The accompanying Information Statement is being provided to you for your information to comply with the requirements of Regulation 14C of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”). This Information Statement constitutes notice to you of the aforementioned corporate actions to be taken without a meeting, by less than unanimous consent of our stockholders, pursuant to §78.320 of the Revised Nevada Statutes. Accordingly, our Board is not soliciting your proxy or consent in connection with the Corporate Actions and no action is required on your party in connection with this document. You are urged to read this Information Statement carefully and in its entirety for a description of the Corporate Actions taken by the Majority Vote. Stockholders who were not afforded an opportunity to consent or otherwise vote with respect to the Corporate Actions taken have no right under Nevada corporate law or the Articles of Incorporation or Bylaws to dissent or require a vote of all Stockholders.
Under Rule 14c-2(b) of the Exchange Act, the Corporate Actions described in this Information Statement will not become effective before a date which is twenty (20) calendar days, or forty (40) calendar days if the Company utilizes the notice and access model, after this Information Statement is first provided to Stockholders. We intend to distribute a notice of internet availability for this Notice and Information Statement to our stockholders on or about July 29, 2022 and the entire cost of furnishing this Information Statement will be borne by the Company. The record date established for the purposes of determining the number of issued and outstanding shares of voting stock, and thus voting power, was June 24, 2022.
PLEASE NOTE THAT THIS IS NOT A NOTICE OF A MEETING OF STOCKHOLDERS AND NO STOCKHOLDERS’ MEETING WILL BE HELD TO CONSIDER THE MATTERS DESCRIBED HEREIN. THIS INFORMATION STATEMENT IS BEING FURNISHED TO YOU SOLELY FOR THE PURPOSE OF INFORMING STOCKHOLDERS OF THE MATTERS DESCRIBED HEREIN PURSUANT TO SECTION 14(c) OF THE EXCHANGE ACT AND THE REGULATIONS PROMULGATED THEREUNDER, INCLUDING REGULATION 14C.
By order of the Board of Directors of
GTX CORP.
/s/ Patrick Bertagna
Name: Patrick Bertagna
Title: President, Chief Executive Officer and Chairman of the Board
GTX CORP.
117 W. 9th Street #1214
Los Angeles, CA 90015
INFORMATION STATEMENT
WE ARE NOT ASKING YOU FOR A PROXY AND
YOU ARE REQUESTED NOT TO SEND A PROXY
INTRODUCTION
This Information Statement is being furnished to the stockholders of GTX Corp. (the “Company,” “we,” “us,” or “our”) in connection with the actions to be taken by us as a result of a written consent in lieu of a special meeting of the stockholders pursuant to the Revised Nevada Statutes, dated June 24, 2022 and contains a summary of the material aspects of the Reverse Stock Split and Name Change approved by the Board and the holders of the majority of the outstanding voting capital stock of the Company.
ACTION TO BE TAKEN – REVERSE STOCK SPLIT AND NAME CHANGE
ACTION - REVERSE STOCK SPLIT - DECREASE THE NUMBER OF ISSUED AND OUTSTANDING SHARES OF OUR COMMON STOCK AND PREFERRED STOCK
GENERAL
The Board approved a resolution to effectuate a reverse stock split (pro-rata reduction of outstanding shares) of our issued and outstanding shares of Common Stock and Preferred Stock (Series A, B and C) at a ratio of 1-for-65. Should the Board of Directors exercise their discretion to effectuate the Reverse Stock Split, 65 shares of our Common Stock will be automatically converted into 1 share of Common Stock. Further, as part of the Reverse Stock Split, proportionate adjustments of the Reverse Stock Split conversion ratio may be made to the per share price and number of shares of common stock that may be purchased or converted upon the exercise or conversion of certain outstanding series of preferred stock, stock options, warrants and convertible notes granted by the Company based on the terms of each respective security. However, no proportionate adjustments of the Reverse Stock Split conversion ratio will be made to the number of authorized shares of the Company’s common stock or preferred stock reserved for future issuance, nor presently designated but unissued Preferred Stock as part of the Reverse Stock Split.
The following chart depicts the capitalization structure of the Company both pre-Reverse Stock Split and post-Reverse Stock Split (the post-split shares may differ slightly based on the number of fractional shares):
Common Stock Pre-Reverse Stock Split
Authorized Shares of Common Stock Issued Shares of Common Stock Authorized but Unissued Shares of
Common Stock
2,071,000,000 247,087,692 1,823,912,308
Common Stock Post-Reverse Stock Split
Authorized Shares of Common Stock Issued Shares of Common Stock Authorized but Unissued Shares of
Common Stock
2,071,000,000 3,801,349 2,067,198,651
Preferred Stock Pre-Reverse Stock Split
Authorized Shares of Preferred Stock Issued Shares of Preferred Stock Authorized but Unissued Shares of
Preferred Stock
10,000,000 900,855 9,099,145
Preferred Stock Post-Reverse Stock Split
Authorized Shares of Preferred Stock Issued Shares of Preferred Stock Authorized but Unissued Shares of
Preferred Stock
10,000,000 13,859 9,986,141
No fractional shares shall be issued as a result of the Reverse Stock Split. Instead, the Company will issue to the Stockholders on additional share of Common Stock for each fractional shares.
PLEASE NOTE THAT THE REVERSE STOCK SPLIT WILL NOT CHANGE YOUR PROPORTIONATE EQUITY INTERESTS IN THE COMPANY, EXCEPT AS MAY RESULT FROM THE ISSUANCE OR CANCELLATION OF SHARES PURSUANT TO THE FRACTIONAL SHARES.
PLEASE NOTE THAT THE REVERSE STOCK SPLIT WILL HAVE THE EFFECT OF SUBSTANTIALLY INCREASING THE NUMBER OF SHARES THE COMPANY WILL BE ABLE TO ISSUE TO NEW OR EXISTING SHAREHOLDERS BECAUSE THE NUMBER OF AUTHORIZED SHARES WILL NOT BE REDUCED ON THE SAME PRO-RATA BASIS AS THE SHARES ISSUED AND OUTSTANDING.
PURPOSE AND MATERIAL EFFECTS OF THE REVERSE STOCK SPLIT
The Company’s Board of Directors deemed it advisable and in the best interests of the Company and its shareholders to reverse split of the Company’s Common Stock at a ratio of one (1) for sixty-five (65). The common stock of the Company currently trades at an average daily price of less than $0.01 per share, which makes transfer and clearing of shares even more difficult than the usual problems dealing with penny stocks in general.
The Board believes that the increased market price of the common stock expected as a result of implementing the Reverse Stock Split will improve marketability and overall liquidity of the common stock for our shareholders and will encourage interest and trading in the common stock. Because of the trading volatility often associated with low-priced stocks, many brokerage houses and institutional investors have internal policies and practices that either prohibit them from investing in low-priced (sub-penny) stocks or tend to discourage individual brokers from recommending low-priced stocks to their customers. Some of those policies and practices may function to make the processing of trades in low-priced stocks economically unattractive to brokers. Additionally, because brokers’ commissions on low-priced stocks generally represent a higher percentage of the stock price than commissions on higher-priced stocks, the current average price per share of the common stock can result in individual stockholders paying transaction costs representing a higher percentage of their total share value than would be the case if the share price were substantially higher. It should be noted that the liquidity of the common stock may be adversely affected by the Reverse Stock Split given the reduced number of shares that would be outstanding after the reverse stock split. The Board anticipates, however, that the expected higher market price will reduce, to some extent, the negative effects on the liquidity and marketability of the common stock inherent in some of the policies and practices of institutional investors and brokerage houses described above.
The Company is currently listed on the OTC Pink Open Market. The Board believes that the resulting price per share after the Reverse Stock Split will help enable the Company to meet the initial listing requirements of a higher broker-dealer network or exchange listing. The Board believes such an occurrence will attract more potential investors and will result in a more liquid public market. As a result, the Board of Directors has proposed the Reverse Stock Split as one method to help enable the Company’s long term success and financing.
We believe that the reverse stock split may improve the price level of our Common Stock and that the higher share price could help generate interest in the Company among investors and other business opportunities. However, the effect of the Reverse Stock Split upon the market price for our Common Stock cannot be predicted, and the history of similar stock split combinations for companies in like circumstances is varied. There can be no assurance that the market price per share of our Common Stock after the Reverse Stock Split will rise in proportion to the reduction in the number of shares of Common Stock outstanding resulting from the Reverse Stock Split. The market price of our Common Stock may also be based on our performance and other factors, some of which may be unrelated to the number of shares outstanding.
The Reverse Stock Split will affect all of our Common Stock and Preferred Stock stockholders uniformly and will not affect any stockholder’s percentage ownership interests in the Company or proportionate voting power. The principal effect of the Reverse Stock Split will be that the number of shares of Common Stock issued and outstanding will be reduced from 247,087,692 shares of Common Stock as of June 24, 2022, to approximately 3,801,349 and the number of shares of Preferred Stock issued and outstanding will be reduced from 900,855 shares of Preferred Stock as of June 24, 2022 to approximately 13,859 (depending on the number of fractional shares that are issued). The Reverse Stock Split will affect the shares of Common Stock and Preferred Stock outstanding and the per share exercise price and number of shares of common stock that may be purchased upon exercise of certain outstanding stock options, convertible notes or other convertible securities granted by the Company.
The Reverse Stock Split will not affect the par value of our Common Stock or Preferred Stock. As a result, on the effective date of the Reverse Stock Split, the stated capital on our balance sheet attributable to our Common Stock and Preferred Stock will be reduced to less than the present amount, and the additional paid-in capital account shall be credited with the amount by which the stated capital is reduced. The per share net income or loss and net book value of our Common Stock and Preferred Stock will be increased because there will be fewer shares of our Common Stock and Preferred Stock outstanding.
The Reverse Stock Split will not change the proportionate equity interests of our stockholders, nor will the respective voting rights and other rights of stockholders be altered except as may result from the issuance or cancellation of shares pursuant to the fractional shares. The Common Stock issued pursuant to the Reverse Stock Split will remain fully paid and non-assessable. The Reverse Stock Split is not intended as, and will not have the effect of, a “going private transaction” covered by Rule 13e-3 under the Securities Exchange Act of 1934. We will continue to be subject to the periodic reporting requirements of the Securities Exchange Act of 1934.
Stockholders should recognize that they will own fewer numbers of shares than they presently own (a number equal to the number of shares owned immediately prior to the filing of the certificate of amendment divided by the to be determined conversion ratio). While we expect that the Reverse Stock Split will result in an increase in the potential market price of our Common Stock, there can be no assurance that the Reverse Stock Split will increase the potential market price of our Common Stock by a multiple equal to the exchange number or result in the permanent increase in any potential market price (which is dependent upon many factors, including our performance and prospects). Also, should the market price of our Common Stock decline, the percentage decline as an absolute number and as a percentage of our overall market capitalization may be greater than would pertain in the absence of a reverse split. Furthermore, the possibility exists that potential liquidity in the market price of our Common Stock could be adversely affected by the reduced number of shares that would be outstanding after the Reverse Stock Split. In addition, the Reverse Stock Split will increase the number of stockholders of the Company who own odd lots (less than 100 shares). Stockholders who hold odd lots typically will experience an increase in the cost of selling their shares, as well as possible greater difficulty in effecting such sales. Consequently, there can be no assurance that the Reverse Stock Split will achieve the desired results that have been outlined above.
As discussed above, the Reverse Stock Split was the subject of a unanimous vote by the Board of Directors approving the Reverse Stock Split and the written consents of the holders of the Majority Vote of the Company. There are no rules or practices on any stock exchange that permit such exchange to reserve the right to refuse to list or to de-list any stock which completes a reverse stock split.
STOCKHOLDERS SHOULD NOT DESTROY ANY STOCK CERTIFICATE AND SHOULD NOT SUBMIT ANY CERTIFICATES WITHOUT THE LETTER OF TRANSMITTAL.
SUMMARY OF REVERSE STOCK SPLIT
Below is a summary of the Reverse Stock Split:
? The issued and outstanding Common Stock shall be reduced on the basis of one post-split share of the Common Stock and Preferred Stock for every sixty-five (65) pre-split shares of the Common Stock and Preferred Stock outstanding. The consolidation shall not affect any rights, privileges, or obligations with respect to the shares of the Common Stock and Preferred Stock existing prior to the consolidation.
? As a result of the reduction of the Common Stock, as of June 24, 2022, the pre-split total of issued and outstanding shares of 247,087,692 shall be consolidated to a total approximately 3,801,349 issued and outstanding shares (depending on the number of fractional shares that are issued).
? As a result of the reduction of the Preferred Stock, as of June 24, 2022, the pre-split total of issued and outstanding shares of 900,855 shall be consolidated to a total approximately 13,859 issued and outstanding shares (depending on the number of fractional shares that are issued).
? This action has been approved by the Board and the written consent of the holders of the Majority Vote of the Company.
? The entire cost of furnishing this Information Statement will be borne by the Company. The Company will request brokerage houses, nominees, custodians, fiduciaries and other like parties to forward this Information Statement to the beneficial owners of the Common Stock held of record by them and will reimburse such persons for their reasonable charges and expenses in connection therewith. The Board of Directors has fixed the record date as June 24, 2022, for the determination of Stockholders who are entitled to receive this Information Statement.
? You are being provided with this Information Statement pursuant to Section 14C of the Exchange Act and Regulation 14C and Schedule 14C thereunder, and, in accordance therewith, the Reverse Stock Split will not be filed with the Secretary of State of the State of Nevada or become effective until at least 20 calendar days, or forty (40) calendar days if the Company utilizes the notice and access model, after the mailing of this Information Statement or at least 40 calendar days after the mailing of notice of internet availability of this Information Statement.
? A notice of internet availability for this Notice and Information Statement or this Information Statement will be mailed after the Definitive Information Statement is filed with the SEC to all Stockholders of record as of the Record date of June 24, 2022.
RECOMMENDATION OF THE BOARD OF DIRECTORS
The Board of Directors of the Company (the “Board”) believes that the Stockholders of the Company will benefit from the Reverse Stock Split because it will attract potential investment from outside investors which will create a more liquid public market for its common stock and will help enable the Company to meet the initial listing requirements of a higher broker-dealer network or exchange listing.
ACTION – NAME CHANGE – AMEND THE ARTICLES OF INCORPORATION TO CHANGE THE NAME OF THE COMPANY
GENERAL
The Board of Directors has determined the name change from GTX Corp. to Metalert Inc. better reflects the current business direction of the Company.
PURPOSE OF THE NAME CHANGE
The Company’s Board of Directors deemed it advisable and in the best interests of the Company and its shareholders for the Corporation to change its name to Metalert Inc. to accurately reflect the current business direction of the Company.
SUMMARY OF NAME CHANGE
Below is a summary of the Name Change:
? The Company shall amend its Articles of Incorporation to change its name from GTX Corp. to Metalert Inc.
? This action has been approved by the Board and the written consent of the holders of the Majority Vote of the Company.
? The entire cost of furnishing this Information Statement will be borne by the Company. The Company will request brokerage houses, nominees, custodians, fiduciaries and other like parties to forward this Information Statement to the beneficial owners of the Common Stock held of record by them and will reimburse such persons for their reasonable charges and expenses in connection therewith. The Board of Directors has fixed the record date as June 24, 2022, for the determination of Stockholders who are entitled to receive this Information Statement.
? You are being provided with this Information Statement pursuant to Section 14C of the Exchange Act and Regulation 14C and Schedule 14C thereunder, and, in accordance therewith, the Name Change will not be filed with the Secretary of State of the State of Nevada or become effective until at least 20 calendar days after the mailing of this Information Statement or at least 40 calendar days after the mailing of notice of internet availability of this Information Statement.
? A notice of internet availability for this Notice and Information Statement or this Information Statement will be mailed after the Definitive Information Statement is filed with the SEC to all Stockholders of record as of the Record date of June 24, 2022.
ADDITIONAL INFORMATION
The Company is subject to the informational requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and in accordance therewith files reports, proxy statements and other information including annual and quarterly reports on Form 10-K and 10-Q (the “1934 Act Filings”) with the Securities and Exchange Commission (the “Commission”). Reports and other information filed by the Company can be inspected and copied at the public reference facilities maintained at the Commission at Room 1024, 450 Fifth Street, N.W., Washington, DC 20549. Copies of such material can be obtained upon written request addressed to the Commission, Public Reference Section, 450 Fifth Street, N.W., Washington, D.C. 20549, at prescribed rates. The Commission maintains a website on the Internet (http://www.sec.gov) that contains reports, proxy and information statements and other information regarding issuers that file electronically with the Commission through the Electronic Data Gathering, Analysis and Retrieval System (“EDGAR”).
The following documents as filed with the Commission by the Company are incorporated herein by reference:
Form 10-Q for quarter ended on September 21, 2021
Form 10-K for fiscal year ended on December 31, 2021
Form 10-Q for quarter ended on March 31, 2022
OUTSTANDING VOTING SECURITIES
Our authorized capital stock consists of 2,071,000,000 shares of Common Stock, par value $0.0001 per share, of which 247,087,692 shares are outstanding as of the date of the filing of this Preliminary Information Statement. Further, our authorized capital stock consists of 10,000,000 shares of Preferred Stock, par value $0.001 per shares of which 900,855 shares are outstanding as of the date of the filing of this Preliminary Information Statement, which includes 900,000 Series A Preferred Stock, 180 Series B Preferred Stock and 675 Series C Preferred Stock. Series A Preferred Stock shall, collectively, at all times have super-majority voting power equal to two-thirds (2/3rds) of the votes available to be cast on any matter subject to a shareholder vote, representing 494,175,384 votes of the Company as of the date of filing this Preliminary Information Statement. This results in 741,263,076 votes available to be casted between the issued and outstanding shares of Common Stock and Preferred Stock as of the date of this filing.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
The following table sets forth certain information as of June 24, 2022, regarding the beneficial ownership of our common stock by (i) each stockholder known by us to be the beneficial owner of more than five percent of our common stock, (ii) by each of our executive officers named in the Summary Compensation Table and our directors and (iii) by all of our executive officers and directors as a group. Each of the persons named in the table has sole voting and investment power with respect to common stock beneficially owned. Unless otherwise noted in the table, the address for each of the persons identified is 117 W 9th Street; Suite 1214, Los Angeles, CA 90015. Beneficial ownership is calculated based upon 247,087,692 shares of common stock issued and outstanding as of June 24, 2022.
Name and Address of Beneficial Owner Amount and Nature of Beneficial Ownership of Common Stock(1)
Percent
of
Common
Stock
Amount and Nature of Beneficial Ownership of Preferred Stock(1)
Percent
of
Preferred Stock
Patrick E. Bertagna(2) 34,892,978 11.12 % 500,000 55.56 %
CEO and Chairman of the Board
Alex McKean(3) 8,205,972 2.61 % 0 0.00 %
Chief Financial Officer
Louis Rosenbaum(4) 11,875,546 3.78 % 300,000 33.33 %
VP of Operations & Finance, Director
Andrew Duncan(5) 12,486,725 3.98 % 100,000 11.11 %
Director, Corporate Secretary, Treasurer
All directors and named executive officers as a group (4 persons) 67,461,221 23.33 % 900,000 100.00 %
Other greater than 5% ownership Shareholders
None
0 0.00 % 0.00 %
(1) Under Rule 13d-3, a beneficial owner of a security includes any person who, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise has or shares: (i) voting power, which includes the power to vote, or to direct the voting of shares; and (ii) investment power, which includes the power to dispose or direct the disposition of shares. Certain shares may be deemed to be beneficially owned by more than one person (if, for example, persons share the power to vote or the power to dispose of the shares). In addition, shares are deemed to be beneficially owned by a person if the person has the right to acquire the shares (for example, upon exercise of an option) within 60 days of the date as of which the information is provided. In computing the percentage ownership of any person, the amount of shares outstanding is deemed to include the amount of shares beneficially owned by such person (and only such person) by reason of these acquisition rights. As a result, the percentage of outstanding shares of any person as shown in this table does not necessarily reflect the person’s actual ownership or voting power with respect to the number of shares of common stock actually outstanding.
(2) Patrick E. Bertagna owns convertible debt which may be converted into 34,580,469 shares of Common Stock upon conversion.
(3) Alex McKean owns convertible debt which may be converted into 8,151,483 shares of Common Stock upon conversion.
(4) Louis Rosenbaum owns convertible debt which may be converted into 11,741,645 shares of Common Stock upon conversion.
(5) Andrew Duncan owns convertible debt which may be converted into 12,280,877 shares of Common Stock upon conversion.
DISSENTER’S RIGHTS OF APPRAISAL
The Stockholders have no right under Nevada Corporate Law, the Company’s Articles of Incorporation or Bylaws to dissent from any of the provisions adopted in the Amendment.
EFFECTIVE DATE OF REVERSE STOCK SPLIT AND NAME CHANGE
Pursuant to Rule 14c-2 under the Exchange Act, the Reverse Stock Split and Name Change shall not be effective until a date at least twenty (20) days, or forty (40) calendar days if the Company utilizes the notice and access model, after the date on which this Information Statement or notice of internet availability of this Information Statement has been mailed to the Stockholders. The Company anticipates that the action contemplated hereby will be effected on or about the close of business on September 7, 2022.
CONCLUSION
As a matter of regulatory compliance, we are sending you this Information Statement which describes the purpose and effect of the above actions. Your consent to the above action is not required and is not being solicited in connection with this action. This Information Statement is intended to provide our stockholders information required by the rules and regulations of the Securities Exchange Act of 1934.
WE ARE NOT ASKING YOU FOR A PROXY AND YOU ARE REQUESTED NOT TO SEND US A PROXY. THE ATTACHED MATERIAL IS FOR INFORMATIONAL PURPOSES ONLY.
Date: July 19, 2022
By Order of the Board of Directors
/s/ Patrick Bertagna
Name: Patrick Bertagna
Title: President, Chief Executive Officer and Chairman of the Board
Metalert is much better name for company
I dig it
Reverse stock split.
The Board approved a resolution to effectuate a reverse stock split (pro-rata reduction of outstanding shares) of our issued and outstanding shares of Common Stock and Preferred Stock (Series A, B and C) at a ratio of 1-for-65.
Hopefully we will see some nice developments this year.
The company has awesome patents technologies. They just need a right team to market the products.
Chart looking good and company has great technology/products $GTXO
The Shoe Sole Device is the most expensive. The questions are: Does the Public want to pay more for this product? Is it worth the higher costs? Is a one to two day charge cycle long enough? Seems to me the company needs to include a charger that the customer can set the shoes on without plugging the sole into an outlet. Of course that just makes the product even more expensive. I wonder about my investment. Maybe the real value here is to sell to a bigger company that can reduce the cost and innovate more.
He need to hired the professional help him write the news. He is clueless doesn't know how to structure good benefit headline. A great head line focus target on benefit not the feature. Furthermore, the content must included the amount value to grab attention of the readers and investors. He try to get the news out but it don't work. Nobody pay attention to the news that's waste money, time and the effort to issue the news. Bottom line this guy try to save money he need a lot of help to get the business going strong.
GPS Trackers for Elderly Loved Ones: Best Bracelets and Devices
https://www.aplaceformom.com/caregiver-resources/articles/gps-trackers
Older adults with dementia can sometimes feel lost or disoriented, feelings that may cause them to leave their room or home in search of something familiar. This is called wandering, a common but potentially dangerous symptom of Alzheimer’s disease and other forms of dementia in seniors. If your loved one wanders, a GPS tracker for dementia can help you find them quickly — and prevent emergencies and dangerous situations.
In this article:
How GPS tracking keeps people with dementia safe
Wearable GPS trackers for dementia patients
Simple and easy-to-hide GPS trackers for dementia
Best-selling dementia trackers on Amazon
What to do when your loved one wanders
Other technologies to keep your loved one safe
Research all your options for your loved one with dementia
How GPS tracking keeps people with dementia safe
GPS tracking has helped people find their way for decades. As with apps for driving directions you use on your smartphone, GPS technology in senior-tracking devices coordinates with satellites to figure out your loved one’s precise location on the ground.
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Today, GPS trackers come in many forms and can be so small that people wear them throughout the day with ease. These trackers allow caregivers to know exactly where an elderly loved one is and can help keep them safe.
Tracking devices are called by many names. Whether called a GPS tracker for dementia, dementia tracker, dementia tracker watch, or a dementia tracking device, they all approximately meet the same need: providing another layer of safety for dementia patients.
What to know about tracking devices for dementia patients
You can buy tracking devices in many forms, e.g., they can be wearable or attachable accessories. Also, while tracking typically involves GPS, some items rely on internet, cellular, or radio technology. When researching GPS trackers for dementia, consider the following:
Activation and subscription fees. GPS trackers often have activation fees, monthly subscription fees, or other costs. Be sure to compare costs and find one that fits your needs and budget.
Bundle packages. GPS trackers are multifunctional. Look for add-ons, such as fasteners, emergency calling, or fall detection, to find a suitable package for your loved one.
GPS-tracking range. Some GPS-tracking devices have nationwide coverage, while others have worldwide coverage. Research each device’s tracking range to ensure it meets your needs.
Now that you know how to approach your search, here are some useful and discreet tracking devices for dementia patients to keep on your radar, ranked from most expensive to least:
Wearable GPS trackers for dementia patients
There are many wearable options for dementia trackers. GPS-tracking devices can be worn inside a shoe, as a watch, on a belt, as a bracelet, on a keychain, and more.
4G GPS SmartSole shoe insert from GTX
4G GPS SmartSole Shoe Insert
4G GPS SmartSole Shoe Insert
The 4G GPS SmartSole is a rechargeable tracking device sealed in a water-resistant shoe insert that can be trimmed to shoe size. By setting up an account on GTX’s website, families can have access to the following features:
Location history
Customizable boundary zones
Email or text message alerts
The SmartSole works wherever T-Mobile 2G coverage is available — although you don’t need to be a T-Mobile customer to use the device. The SmartSole has a battery life of one to two days with normal use, and it even alerts caregivers by email or text notifications when the battery is low.
Cost: The insert is $359, and its related data plan starts at $29.95 a month.
Project Lifesaver’s PLI-PR1 Perimeter alarm system
Project Lifesavers PLI-PR1
Project Lifesavers PLI-PR1 perimeter device
Project Lifesaver’s alarm system involves a non-GPS device and is known to be one of the easiest-to-use items on this list. No apps or touchscreens are involved: A wristband worn by the senior simply transmits a radio signal to a handheld receiver that stays with the caregiver. When the senior leaves the “safety zone” — about 100 feet indoors and up to 300 feet outdoors — an alarm sounds on the receiver to alert the caregiver.
To get the alarm system, caregivers have to enroll seniors in the Project Lifesaver organization locally. Project Lifesaver works with certified, public-safety agencies — like fire and rescue teams, first responders, and law enforcement. In a crisis, a trained emergency team can respond to a caregiver’s area, with recovery times averaging about 30 minutes.
Cost: The Project Lifesaver equipment package — receiver, transmitter, and wristbands — can be purchased through a local Project Lifesaver agency. Prices may vary, but some agencies list the annual cost at $300.
AngelSense device and wearables
AngelSense GPS device
AngelSense GPS device
AngelSense’s specialized tracking technology offers a wide range of benefits and utility to caregivers. The following features can be accessed through a smartphone app synced with the device:
Real-time mapping
An “unknown place” alert
All-day monitoring
First-responder emergency alerts
One of its most unique tracking features is one- or two-way voice tools that enable caregivers to hear the user’s surroundings or speak with their loved one. In addition to the handheld device, AngelSense also has wearable trackers that can be fastened onto clothing, like on a sleeve, belt, or shirt.
Cost: The AngelSense kit containing the tracking device and fasteners is listed for $229. There’s a service plan starting at approximately $33 a month, plus an activation fee.
Who are you researching for?
Parent
Spouse
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How quickly do you need to find an option?
ASAP
Within 30 days
Within 60 days
No rush
Is assistance needed due to a hospital or rehab stay, or as a result of dementia?
Yes
No
Would you estimate the monthly budget above or below $2,000?
Above
Below
Complete the form to access your care options:
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GPS-tracking smartwatches
GPS smart watches
GPS smart watches
The easiest way to track your loved one is with something they wear on a daily basis — like a watch. With the use of modern technology, many watches can double as GPS-tracking devices to help caregivers and family members track the movements of dementia patients in their care. Dementia tracker watches can also help track your senior’s health with features that monitor heart rate, sleep, and more.
Simple and easy-to-hide GPS trackers for dementia
If wearing a GPS tracker is out of the question, there are also options that can be inserted into a wallet or a bag, attached to a lanyard or keychain, or simply placed in a pocket.
PocketFinder Smart Tracker
PocketFinder Smart Tracker
PocketFinder Smart Tracker GPS device
The PocketFinder Smart Tracker uses GPS, Wi-Fi, and cellular information to locate users. The device, just like the keyless entry remote control for a car, is small and fits easily on a key chain or in your pocket — plus it’s waterproof. Users can log in online or through a mobile app to view the following information from the tracker:
GPS location
Address
Altitude
Distance from a chosen address
The device’s movement speed
60 days of tracking history
The PocketFinder app gives updates through email and text notifications. PocketFinder also alerts you when the device leaves a specific “geo-fence zone” that you can create.
Cost: The device alone is $159, with a monthly service plan starting at $13.
iTraq Nano
iTraq Nano GPS device
iTraq Nano GPS device
iTraq bills itself as the world’s first global location device. It uses cell towers to determine location, enabling it to be used anywhere around the world where there’s cell service. The iTraq Nano device itself is about half the size of most smartphones and easily slides into a pocket or connects to a key chain. A mobile app reports the Nano’s location with timestamps. iTraq also features a “Guard Zone,” where users specify a radius on a map and receive alerts if the iTraq goes beyond the pre-set radius.
Cost: iTraq’s Nano is $129, with a service plan costing $59 annually.
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Bay Alarm Medical Alert Button
Bay Alarm Medical Alert Button
Bay Alarm Medical Alert Button
The Bay Alarm Medical Alert Button is a lightweight, ultra-compact device that can be attached to a lanyard or placed in a convenient carrying case. Using Bay Alarm Medical’s app, caregivers can look up the user’s location at any moment as well as check on battery life. In a crisis, the patient can click a button, and Bay Alarm Medical’s response team will contact the user’s friends, family, or neighbors — they can even notify local emergency services if needed.
Cost: The Bay Alarm Medical Alert Button currently costs $79, plus a $30 monthly subscription fee with an additional $10/month if you choose to add fall detection.
Best-selling dementia trackers on Amazon
If you are looking for highly reviewed GPS trackers with fast shipping, Amazon is the way to go. Take a look at the best-selling dementia trackers on Amazon:
LandAirSea 54 GPS Tracker
LandAirSea 54 GPS tracker
LandAirSea 54 GPS tracker
Among Amazon dementia trackers, the LandAirSea 54 GPS Tracker is the number one seller. This waterproof, magnetic GPS-tracking device can attach to vehicles, fit in small pockets, or be hidden in a bag. This device uses Google Maps for tracking and offers real-time location that can be viewed by caregivers online or via the SilverCloud app. It offers the following useful tracking features:
Location and boundary alerts
Speed alerts
Battery alerts
History of locations and idle time
Users can also share their location by sharing a link via text message. The LandAirSea 54 is known to be dependable, with 6-foot tracking accuracy.
Cost: The listed price on Amazon is $29.95. Users must also pay $19.95/month for the subscription.
Tracki
Tracki GPS device
Tracki GPS device
Tracki is a GPS-tracking device with worldwide coverage. This small and lightweight device works anywhere with any network. It comes with a built-in SIM card, strong fixture magnet, waterproof cover, belt clip, keychain, and lanyard. Tracki’s alerts and features include the following:
Up to five days of battery life
Real-time tracking refreshed every one to five minutes
Boundary alerts
Movement alerts
Battery alerts
SOS panic button
Five years of tracking history
Family members and caregivers can track their elderly loved one’s location with Tracki’s app. If real-time tracking is not needed, the dementia tracker will track only one to three times per day, resulting in battery life that can last for 30 to 75 days.
Cost: On Amazon, Tracki is $19 with subscription costs starting at $9.95/month.
What to do when your loved one wanders
Regardless of how convenient modern technologies are, it’s still important for caregivers to plan many ways to help keep senior loved ones safe. Take the following steps if the person you care for begins to exhibit risky wandering behaviors:
Keep a list of people to call on for help, and have telephone numbers easily accessible.
Ask family, friends, and neighbors to call if they see your loved one alone anywhere.
Keep a recent photo and updated medical information on hand for authorities.
Keep the home and surrounding areas as safe and secure as possible, and stay aware of dangerous areas like stairwells and bodies of water.
Try to anticipate places to which your loved one might wander, like a former workplace or house.
Call 911 if you can’t find your loved one within 15 minutes of searching for them.
Other technologies to keep your loved one safe
GPS trackers for dementia patients have many benefits. They can help you track your loved one’s movements, detect falls, monitor heart rate, and alert emergency authorities. However, it is not the only way you can utilize technology to care for a senior with dementia.
Consider the following technologies to make caring for your loved one easier and more fun:
Dementia-friendly cellphones. New and flashy technologies can be overstimulating. Consider finding an easy-to-use cellphone for your loved one to make communication easier.
Apps designed just for seniors with dementia. If your senior is familiar with smartphones and tablets, try downloading apps that stimulate their brain, track daily tasks, and promote conversation.
Research all your options for your loved one with dementia
Creating a safety plan and using tracking technology can help you minimize the dangers of dementia symptoms, specifically wandering. If you know your loved one is at risk, think of scenarios that might create confusion and figure out ways to stay aware of their whereabouts — a device from the list above may be a solution.
For those in the advanced stages of dementia, long-term memory care in a secure environment may be a safer solution. Specialized memory care units generally have professional care in a standalone wing or in a secured area of an assisted living facility with 24-hour supervision. The physical layouts of dementia care units are even specially designed to be easy to navigate, which further minimizes the likelihood of wandering.
If you need help finding a suitable option for a loved one with dementia, reach out to a Senior Living Advisor at A Place for Mom for tailored, local advice. They can help you navigate potential home care or memory care options, and their advice is always free.
Original article by A Place for Mom editor, Danny Szlauderbach.
The information contained in this article is for informational purposes only and is not intended to constitute medical, legal, or financial advice or to create a professional relationship between A Place for Mom and the reader. Always seek the advice of your health care provider, attorney, or financial advisor with respect to any particular matter, and do not act or refrain from acting on the basis of anything you have read on this site. Links to third-party websites are only for the convenience of the reader; A Place for Mom does not endorse the contents of the third-party sites.
aPlaceforMom is huge!
I see their commercials on TV all the time.
Now GTXO getting exposure with all those new eyes
This is what I like to see! Very informative NEWS here shorter version of the conference. Check it out.
https://www.globenewswire.com/news-release/2022/07/12/2478065/0/en/GTX-Discusses-the-Future-for-Senior-Healthcare.html
NEWS: GTX Discusses Future for Senior Healthcare
https://www.globenewswire.com/news-release/2022/07/12/2478065/0/en/GTX-Discusses-the-Future-for-Senior-Healthcare.html
GPS SmartSole On aPlaceforMom list of Best GPS Tracking Devices for Seniors with Dementia
LOS ANGELES CALIFORNIA, July 12, 2022 (GLOBE NEWSWIRE) -- GTX Corp (OTCQB: GTXO) (“the Company”), a pioneer in the field of wearable GPS human and asset tracking and recovery location-based solutions, supported through a proprietary IoT enterprise platform and intellectual property portfolio, announced the video replay of their recent Investor Presentation at the LD Micro 12th annual Invitational.
Watch the presentation
GTX Corp Discusses the Future for Senior Healthcare at LD Micro Invitational - YouTube
In the twenty-minute presentation and Q&A, Patrick Bertagna, Chief Executive Officer of GTX Corp, discussed the future of senior health care and the impact wearable medical devices will have on people afflicted with Alzheimer’s, dementia, and autism, along with the global size and scope of the market, business, and valuation model for their SmartSole. The video also highlights the GTX roadmap for other wearable devices they expect to launch in the upcoming months.
During Alzheimer’s Awareness month the SmartSoles were featured in a POD Group Case study and on aPlaceforMom list of the Best GPS Tracking Device for seniors with Dementia.
POD Group Case Study
aPlaceforMom Best GPS Device List
About GTX Corp:
GTX Corp (OTC: GTXO) is a pioneer in smart, mobile, and wearable GPS tracking and recovery location-based solutions, supported through a proprietary IoT enterprise monitoring platform and intellectual property portfolio. GTX offers a global end-to-end solution of hardware, software and connectivity and develops two-way GPS tracking technologies, which seamlessly integrate with consumer products and enterprise applications. GTX utilizes the latest in miniaturized, low power consumption GPS, Cellular, RF, NFC and BLE technology, enabling subscribers to track in real time the whereabouts of people or high value assets. 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’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 across the globe with subscribers in over 50 countries and is a U.S. Military Government contractor. Other customers include public health authorities and municipalities, emergency and law enforcement, private schools, assisted living facilities, NGOs, small business enterprises, senior care homes, and consumers.
GTXCorp.com Track My Workforce GPS SmartSole.com
GTXO Investor Presentation (a must watch)
I like the video!
LD Micro Invitational
Starting to see pennys light up
With oil rolling over, and rates now climbing down, I am starting to see some life come back into penny stocks.
Could be seeing start of summer rally
GTXO to .05+
Only few shares left on ask
Ask is super thin now
0083 - 93,000
0084 - 49,000
0095 - 20,000
0.01 - 80,000
Could see .04+ on device subscriptions
At .04 that still wouldn't be a wild market valuation.
Plus, medical device services tend to weather recessions easier then other services. You are more likely to cut your NetFlix or Zoom subscription before you cut mom or dads SmartSoles, especially if they are living at home.
Rocket fueled. Ready for BLAST OFF!!!
$GTXO Investor Presentation at LD Micro
— Ludlow Research (@LudlowResearch) July 6, 2022
Provides detailed investor overview on revenues and valuation potential
➡️Register for free to watchhttps://t.co/1JzYpUuflc$SRAX #Alzheimers #Dementia #medicaldevice #health #elderly #assistedliving pic.twitter.com/8ql8yWchGX
Watching 0084 as breakout trigger
Just 10,000 subscribers x $30 a month = $300,000 per month
Now selling in US and Europe, and get a few nursing homes or assisted living contracts and there's 10,000 right there, plus online retail sales.
Market cap $2m and could easily do 1000% gain to $20m and still not be crazy if subscription revenues grow.
Said potentially $500m company
Think like 16 min mark....and that's ONLY if they hit 5% of their target market
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MetAlert is a pioneer in smart, mobile, and wearable GPS tracking and recovery location-based solutions designed around health and safety. Supported through a proprietary IoT enterprise monitoring platform and intellectual property portfolio, MetAlert offers a global end-to-end solution of hardware, software, and connectivity, and develops tracking technologies, which seamlessly integrate with consumer products and enterprise applications. MetAlert 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. MetAlert products utilize the latest in miniaturized, low-power consumption GPS, Cellular, RF, NFC, and BLE technology, enabling subscribers to track in real time the whereabouts of people or high-value assets. MetAlert is also in the protective medical supply business and has developed innovative technology-driven solutions. The company has customers in all 50 States and international distributors servicing customers in over 35 countries. The Company’s customers range from the U.S. Military, Foreign Military, public health authorities and municipalities, emergency, and law enforcement, first responders, private schools, assisted living facilities, NGOs, small business enterprises, senior care homes, and direct-to-consumer.
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