GTXO GTX Corp featured news, full reports, and detailed charts
GTX Corp (GTXO/GTXO.OB) Wrap Up:
GTX Corp. engages in the development and commercialization of miniaturized global positioning system (GPS) tracking technology that uses cellular transmission. It develops patented wireless location products and services for family safety and communications, and law enforcement and security technology solutions. The company offers end-to-end personal location system, which includes an embedded module and a proprietary Location Data Center that delivers remote, continuous real-time oversight of loved ones and high-value assets. Its Locator embedded module combines the assisted GPS and digital personal communications service technologies to provide location and tracking information in real-tim...GTX Corp (GTXO:OTC Bulletin Board Market)
Snapshot of GTX Corp (GTXO)
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OPEN
$0.19
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PREVIOUS CLOSE
$0.17
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DAY HIGH
$0.19
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DAY LOW
$0.17
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52 WEEK HIGH
05/11/09 - $0.40
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52 WEEK LOW
03/18/09 - $0.04
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MARKET CAP
6.7M
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AVERAGE VOLUME 3 mo
49.3K
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DILUTED EPS TTM
$-0.05
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SHARES OUTSTANDING
39.5M
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GTXO Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
GTXO Top Compensated Officers
Executives, Board Directors
Key developments for GTX Corp (GTXO)
GTX Corp. and MNX have entered into an exclusive product test agreement to develop an industry first, proprietary GPS enabled transport container. Over the following 2 quarters the companies will collaborate on product development, market analysis and global testing. The business of Life Science, Medical and Pharmaceutical transportation is on the rise, increasing the need to connect globally outsourced service providers with medical and clinical research facilities. MNX is making the investment to become a leader in providing a fast, accurate and trackable chain-of-custody solution to the sector with a GPS solution empowered by GTX Corp. This market represents one of MNX's fast growing sectors and with the implementation of this new technology, they expect to increase their market share of this multibillion dollar vertical market.
GTX Corp. has partnered with BrickHouse Security to offer products that can assist in the recovery of the 2,000 children reported missing every day. GTX Corp. and BrickHouse will be working together to solve safety problems through product development, co-branding and joint marketing of innovative geo-specific and proximity-alerting solutions. To help keep these children safe locally in busy malls, parks, and even in their own back yard, GTX Corp, through its Code Amber(R) subsidiary has formed a distribution relationship with BrickHouse Security to market the company's Child Locator, as well as to jointly develop new safety and protection programs. The Child Locator, recently featured in a global media campaign by Duracell batteries, uses GPS technology to monitor the location of wandering children up to 600 feet away using an onscreen display and alert system. The Child Locator is now available on the Code Amber web site and promoted on the Code Amber News Ticker that is viewed by millions. GTX Corp. has expanded its subscriber base for geo-proximate real time information about reported missing children, through placement of its News Ticker on the BHS website and with a new mobile App; Code Mobile-now available on iPhone, Blackberry and Android platforms. The Code Amber (R) News Service and the Child Locator have already aided in the recovery of numerous children.
GTX Corp. and the Kalika Group have entered into a binding exclusive agreement which provides for the deployment of GTX Corp.'s proprietary GPS technologies and product line to the territories of Nepal, India, Pakistan, Bangladesh, Sri Lanka, Maldives and Bhutan-a vast marketplace comprising of an emerging, dynamic economy with a combined population of over 1.5 billion. The significance of this agreement is two-fold; it will increase the revenue stream for GTX Corp. through licensing fees and existing product sales and will also expand the distribution channels for the Company with a licensee that touches one-quarter of the world's population. GTX Corp. has a pipeline of products and solutions in development and Kalika Group will become the systems integrator and delivery channel for these new applications to an untapped market, providing tremendous opportunity for future growth and continued global market penetration. GTX Corp. and Kalika will immediately begin conducting product testing, establishing regional cellular connectivity and implementation of the GTX back-end tracking portal for the local markets, with an aggressive time line to soft launch in the first quarter of 2010. Kalika is looking to deploy a variety of end-user products including personal monitoring, integrated logistics management, vehicle tracking, the GPS Shoe and smart phone Apps; all to be availed through the GTX viewing portal which will be hosted and localized for the territories. Upon completion of the test phase, the agreement rolls into a 3 year exclusive licensing contract with up front fees and a commitment of over 70,000 units for all the territories over the 3 year period.
GTXO Competitors
| Company | Last | Change |
| Digital Angel Corp | $0.86 USD | 0.00 |
| Location Based Technologies Inc | $0.72 USD | -0.01 |
| LoJack Corp | $3.99 USD | -0.1374 |
| Webtech Wireless Inc | C$0.73 CAD | +0.01 |
| Wherify Wireless Inc | $0.0009 USD | +0.0003 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | GTXO | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 19.7x |
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| Price/Book | 5.3x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 16.1x |
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GTXO |
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GTXO transactions
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Target |
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Private Placement
November 16, 2009 |
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More Recent News About GTX Corp
More news for GTXO
GTX CORP Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
GTX CORP Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q, including "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Item 2 of Part I of this report include forward-looking statements. These forward looking statements are based on our management's current expectations and beliefs and involve numerous risks and uncertainties that could cause actual results to differ materially from expectations. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "proposed," "intended," or "continue" or the negative of these terms or other comparable terminology. You should read statements that contain these words carefully, because they discuss our expectations about our future operating results or our future financial condition or state other "forward-looking" information. Many factors could cause our actual results to differ materially from those projected in these forward-looking statements, including but not limited to: variability of our revenues and financial performance; risks associated with product development and technological changes; the acceptance our products in the marketplace by existing and potential future customers; general economic conditions. You should be aware that the occurrence of any of the events described in this Quarterly Report could substantially harm our business, results of operations and financial condition, and that upon the occurrence of any of these events, the trading price of our securities could decline. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future r...Click here to read the whole Article (external link)
MNX Nominates GTX Corp to Provide Secure 2-Way GPS Real-Time Tracking of Medical and Bio-Pharmaceutical Shipments
LOS ANGELES, Oct. 27 /PRNewswire-FirstCall/ -- GTX Corp, a leader in embedded GPS real-time personal location services and MNX a worldwide specialty courier headquartered in Los Angeles with 27 offices in 8 countries, have entered into an exclusive product test agreement to develop an industry first, proprietary GPS enabled transport container. Over the following 2 quarters the Companies will collaborate on product development, market analysis and global testing. The business of Life Science, Medical and Pharmaceutical transportation is on the rise, increasing the need to connect globally outsourced service providers with medical and clinical research facilities. MNX is making the investment to become a leader in providing a fast, accurate and trackable chain-of-custody solution to the sector with a GPS solution empowered by GTX Corp. This market represents one of MNX's fastest growing sectors and with the implementation of this new technology, they expect to increase their market share of this multibillion dollar vertical market. "With this GPS technology we can address any inquiry about the location and path of the thousands of shipments we manage for our customers. By enabling our clients with real time GPS location tracking of their shipments, MNX will offer a unique layer of service, security, temperature integrity and reliability," said Scott Cannon MNX CEO -- "This will be a significant improvement over anything...Click here to read the whole Article (external link)
GTX Corp Awarded Broad U.S. Patent for its Innovative Life Changing GPS Enabled Shoes
LOS ANGELES, Sept. 29 /PRNewswire-FirstCall/ -- GTX Corp (OTC Bulletin Board: GTXO - News), a leader in customizable, 2-way GPS Personal Location Services (PLS) solutions was recently awarded US Patent RE40,879. The reissuance of U.S. Patent No. 6,788,200 as reissue patent RE 40,897 is great news for GTX Corp and significantly increases the Company's IP portfolio value. In addition to original claims 1-20, the reissue patent includes new Claims 21-47, which are much broader than the original claims and also entitled to the original filing date of October 2002. Larry Hennemen, the attorney for ...Click here to read the whole Article (external link)
GTX Corp and BrickHouse Security Team to Protect the 2,000 Children Reported Missing Daily With GPS Personal Location Solutions
LOS ANGELES, Sept. 21 /PRNewswire-FirstCall/ -- GTX Corp (OTC Bulletin Board: GTXO - News), a leader in 2-way GPS Personal Location Services (PLS), has partnered with BrickHouse Security to offer products that can assist in the recovery of the 2,000 children reported missing every day. GTX Corp and BrickHouse will be working together to solve safety problems through product development, co-branding and joint marketing of innovative geo-specific and proximity-alerting solutions. To help keep these children safe locally in busy malls, parks, and even in their own back yard, GTX Corp, through its Code Amber® subsidiary has formed a distribution relationship with BrickHouse Security to market the company's Child Locator, as well as to jointly develop new safety and protection programs. The Child Locator, recently featured in a ...Click here to read the whole Article (external link)
LOCiMOBILE, Inc. Launches Its New iLOCi2(TM) iPhone App International Version 1.2 -- Initially Localized in French and Spanish, With Plans to Add More Languages -- The App Is Now Available at All 60 International iTunes App Stores
LOS ANGELES, CA--(Marketwire - 09/01/09) - LOCiMOBILE�, Inc., a wholly owned subsidiary of GTX Corp (OTC.BB:GTXO - News), has launched its new iLOCi2(TM) iPhone App International Version 1.2 -- initially in French and Spanish -- to easily locate and connect with others at the push of a button with total privacy. An upgrade to the previous version, which launched in mid July and featured on the Good Morning America Show, version 1.2 also provides better GPS accuracy, a GPS signal strength indicator, easily adds iLOCi2 contacts directly from your contact list and from another user's LOCi request. 60 international App Stores -- with year to date sales of 11.3M iPhones -- support the iLOCi2 App in a diverse multicultural marketpl...Click here to read the whole Article (external link)
GTX CORP Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q, including "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Item 2 of Part I of this report include forward-looking statements. These forward looking statements are based on our management's current expectations and beliefs and involve numerous risks and uncertainties that could cause actual results to differ materially from expectations. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "proposed," "intended," or "continue" or the negative of these terms or other comparable terminology. You should read statements that contain these words carefully, because they discuss our expectations about our future operating results or our future financial condition or state other "forward-looking" information. Many factors could cause our actual results to differ materially from those projected in these forward-looking statements, including but not limited to: variability of our revenues and financial performance; risks associated with product development and technological changes; the acceptance our products in the marketplace by existing and potential future customers; general economic conditions. You should be aware that the occurrence of any of the events described in this Quarterly Report could substantially harm our business, results of operations and financial condition, and that upon the occurrence of any of these events, the trading price of our securities could decline. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future r...Click here to read the whole Article (external link)
Unique New App Maps Friends, Children and Co-Workers in Real Time, Privately and at the Push of a Button
LOS ANGELES, CA--(Marketwire - 07/23/09) - LOCiMOBILE, Inc., a wholly owned subsidiary of GTX Corp (OTC.BB:GTXO - News), has launched its new iLOCi2(TM) iPhone App for people to easily and privately locate others with a push of a button. What makes this App different from other location Apps, is its simple yet private approach to locating others. The company has a 7-year history in customizable, patented 2-way GPS Personal Location Services (PLS) solutions and approached the development of iLOCi2 from the perspective of ease of use, privacy and how to best deliver a people-finding solution to millions across the world at an affordable price. The answer was "We can make an App for that." Version 1.0 was just released (available at www.itunes.com...Click here to read the whole Article (external link)
