Investors May Throw a Six If They Roll with GTX Co
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A recent research report by John Ford of Equities.com states ‘GTX is the most undervalued company I have ever encountered, trading at an 85 percent discount to fair value.’ He believes ‘GTX is so undervalued right now that investors could capture near-term 6X returns as Wall Street becomes aware of this company’s fundamentals and pushes the share price towards fair valuation.’ Mr. Ford is undoubtedly excited by the company’s prospects. He laid out a number of reasons why investors should be considering GTX Corp. (OTC: GTXO).
Its present valuation offers short-term gains, since the company’s stock is trading at an 85 percent discount to fair value. Also, the company’s flagship product, GPS SmartSole, is doing exceedingly well. Its first production run completely sold out with preorders, and the company didn’t even need to advertise. The GPS SmartSole targets and is expected to capture a large share of an expansive market of $8.6 billion. In addition, the management team is strong and vibrant. CEO Patrick Bertagna is a mover and a shaker. He has established an impressive track record with six successful startups. The omens are good; GTX Corp. is his seventh.
The report identifies wearable tech as one industry that has caught the eye of the tech giants. It mentions the purchase of Oculus VR, the virtual reality tech company, by Facebook (NASDAQ: FB) in 2014 for $2 billion in cash and Facebook stock. Credit Suisse, the large Swiss bank, forecasts wearable tech ‘will be a $50 billion market in 3 to 5 years.’ Fitbit (NYSE: FIT), one wearable tech startup, had its debut in June 2015 and reported recently that sales in the quarter ending December 31, 2015, were almost double that of the comparable quarter in 2014. There was talk, last year, of a Jawbone initial public offering (IPO), but so far this has not materialized. Jawbone is valued at around $1.5 billion. The report goes on to point out that the ‘pure plays’ (stock of a company focused on one industry or product) in wearable tech are few and far between, so GTX Corp. is a rare opportunity. While most wearable tech companies are focused on the mass market, GTX Corp. has identified a niche market that is unserved, and the company is going after it vigorously.
The company’s flagship product, GPS SmartSole, is a tracker for people with cognitive disorders resulting from autism, Alzheimer’s, dementia, and traumatic brain injuries. These conditions tend to cause memory impairment and a frequent occurrence is that sufferers find themselves lost. For example, the 2013 World Alzheimer’s Report revealed that 60 percent of sufferers will become lost at least once, 70 percent of those will become lost three or more times and 46 percent of those not found within 24 hours may die. The GPS SmartSole is a high-tech shoe insole with a built-in GPS tracking chip. Using a combination of satellite and cellular technologies, it sends signals, on a continual basis, to the central GTX monitoring website, showing the wearer’s exact location. The location of a relative or patient can be monitored very easily by desktop, laptop, tablet or smartphone. GPS SmartSole is accessible from both Android and iOS devices. Currently, over 100 million people worldwide require supervision and monitoring because of memory impairment.
GTX Corp. was chosen for the coveted honor of being featured in the 2015 Internet of Things web cast produced at the International Consumer Electronics Show (CES) in Las Vegas, and the company’s GPS SmartSole ran second to a Microsoft (NASDAQ: MSFT) product in the Wearables, Health, Fitness & Wellness Category at the Cellular Telephone Industries Association’s (CTIA) 2015 Super Mobility Awards. A Samsung (OTC: SSLNF) product was third. GTX Corp. is keeping distinguished company. It may be worthwhile joining them, but remember, in order to throw a six, one must first roll the die.
For more information, visit www.gtxcorp.com
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