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GTX Corp CEO is Interviewed About 10K Results and Discusses Company Prospects.
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| We are very pleased with the 10K the results from this past year. We appreciate all the support from our shareholders as we continue to make strides in the fields of health and safety.
Two Key 10K Highlights: - A 118% revenue increase over the previous year sparked by increases in IP licensing revenue, military contracts, product sales, and subscriber numbers.
- A decrease in expenses of 25% through efficient use of cash and reduced unnecessary traveling.
Moving forward, many businesses are expecting a decrease in sales due to the economic slowdown from COVID-19, but we are well-positioned to weather this season. In fact, we are quickly adapting our work practices and may even come out stronger on the other side. We are thinking creatively about how we can provide practical solutions to real-world problems relating to health and safety. More news to come, stay tuned, and stay safe!
With You,
GTX Corp |
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Social Media Hashtags – #withyou #smartsole #connectedandprotected #trackwhatyoulove #iot #smartproducts #nfc #ble #safety #healthcare #veritap #exceptionmonitoring #assettracking
GTX Press GTX Facebook GTX Telegram GTX YouTube |
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General information, investor relations, wholesale licensing, consumer purchase:
213.489.3019 Info@GTXCorp.com IR@GTXCorp.com Contact Us
GTX Corp United Kingdom
In the UK, GTX Corp operates from its London office. Please contact: Nelson Skip Riddle
Email: NSRiddle@GTXCorp.com Tel: +44 7785 364100
Disclaimer: GTX Corp does not warrant or represent that the unauthorized use of materials drawn from the content of this document will not infringe rights of third parties who are not owned or affiliated by GTX Corp. Further GTX Corp cannot be held responsible or liable for the unauthorized use of this document’s content by third parties unknown to the company.
Forward Looking Statements
This news release contains forward-looking statements. The terms and phrases “expects,” “would,” “will,” “believes,” and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by GTX in light of its experience and its perception of current conditions and expected future developments, as well as other factors that GTX believes are appropriate in the circumstances. Many factors could cause GTX’s actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Certain risk factors that may cause actual results to differ are set forth in GTX’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (which may be obtained on the SEC Website). These factors should be considered carefully, and readers should not place undue reliance on GTX’s forward-looking statements. GTX has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required. |
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