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Re: saladtpb post# 4843

Tuesday, 09/01/2020 2:34:27 PM

Tuesday, September 01, 2020 2:34:27 PM

Post# of 9428
Saladtpb, I am new to this board, but from reading several of your posts, it seems you have some 'beef' with GTXO and perhaps you are right because GTXO has not performed. Strong dilution of his shares have continued. Hopefully they are now being able to pay their way and should reduce using shares as payment for services. From what I have read, GTXO was going nowhere with its wearable products. Along came covid and a small government loan. This gave it some liquidity and an opportunity to pivot itself onto a much wider healthcare platform selling products that so far returns a 60% margin. If it can ramp up sales of these products to million dollar levels, they could parlay the results into making this a real healthcare company that the market respects.
Their second quarter results were excellent in the context of the times and their third quarter results should be even better.

As a new kid on the block, I am seeing potential here but not with a jaundiced eye.
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