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Posted On: 06/25/2018 6:52:59 PM
Post# of 271
NetworkNewsBreaks – GTX Corp. (GTXO) Launches Strategic Plan to Up-List to the OTCQB Venture Exchange
GTX Corp. (OTC: GTXO) this morning announced that it has filed for a reverse split in accordance with its strategic plan to up-list to the OTCQB Venture Exchange and to gain a more attractive share price. The company is currently in final preparations to enact a reverse stock split that will bring the company’s share price above $0.10, making GTXO qualified to up-list from the OTC Pink Marketplace to the OTCQB. The company held a special meeting of its board of directors on June 14, 2018, at which an affirmative vote approved the amendment to the company’s restated certificate of incorporation to effect the reverse stock split at a ratio of one-for-seventy-five shares (1:75). As part of this restructure plan, the company engaged Weinberg & Company, a full-service CPA firm. “This is a long-term plan the company’s board and management have been strategically working on over the past several months in order to make the public side of the business more reflective of the positive milestones and forward progress achieved in recent months, along with positioning the company for the future,” GTX Corp. CEO Patrick Bertagna stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
GTX Corp. (OTC: GTXO) this morning announced that it has filed for a reverse split in accordance with its strategic plan to up-list to the OTCQB Venture Exchange and to gain a more attractive share price. The company is currently in final preparations to enact a reverse stock split that will bring the company’s share price above $0.10, making GTXO qualified to up-list from the OTC Pink Marketplace to the OTCQB. The company held a special meeting of its board of directors on June 14, 2018, at which an affirmative vote approved the amendment to the company’s restated certificate of incorporation to effect the reverse stock split at a ratio of one-for-seventy-five shares (1:75). As part of this restructure plan, the company engaged Weinberg & Company, a full-service CPA firm. “This is a long-term plan the company’s board and management have been strategically working on over the past several months in order to make the public side of the business more reflective of the positive milestones and forward progress achieved in recent months, along with positioning the company for the future,” GTX Corp. CEO Patrick Bertagna stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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