(NEW YORK)–Traders should put their aim on GTX Corp (OTC:GTXO) as the Transportation Authority considers mandating negative COVID-19 tests to board domestic air flights.
Transportation Secretary Pete Buttigieg said that officials are considering a requirement that passengers provide a negative COVID-19 test ahead of domestic flights, according to an interview published on Sunday.
This news comes after the CDC instituted a requirement for travelers on international flights to the U.S. to test negative for the virus before entry into country.
How Does This Affect GTXO?
GTX Corp just launched new rapid COVID-19 test kits, which goes in addition to their rapid antibody tests. These new test kits were FDA approved under Emergency Use Authorization (EUA), and detects antigens specific to SARS-CoV-2 in just around 10 minutes. https://gtxcorp.com/covid-19-antigen-rapid-diagnostic-test/
The need for COVID tests to prove you are negative to board domestic air flight could make rapid COVID antigen tests the hottest new product in the coming reopening of economy, and GTXO could see its price rise significantly as a small-cap player in this field.
GTXO is also an authorized supplier to the US Government and Military, and recently announced if had fulfilled multiple orders for PPE from government agencies including the United States Marine Corps, the U.S. Navy, the U.S. Department of Agriculture, and the U.S. Department of Veterans Affairs.
If the Transportation Department starts to require negative COVID-19 tests to board domestic air flights you could see GTXO stock take off like a rocket on its low market cap and current price of just $0.05 per share.
Register to get Email and SMS alerts on this trade
Join the Trader Army Discord Chat
About GTX Corp
GTX Corp (OTC: GTXO) is a pioneer in smart, mobile and wearable GPS tracking and recovery location-based solutions, supported through a proprietary IoT enterprise monitoring platform and intellectual property portfolio. GTX offers a global end-to-end solution of hardware, software and connectivity and develops two-way GPS tracking technologies, which seamlessly integrate with consumer products and enterprise applications. GTX utilizes the latest in miniaturized, low power consumption GPS, Cellular, RF, NFC and BLE technology, enabling subscribers to track in real time the whereabouts of people or high value assets. GTX is known for its game-changing and award-winning patented GPS SmartSole® — the world’s first invisible wearable technology tracking device created for those at risk of wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. GTX’s business model is built around technology innovation and holds over 85 patents, with many issued patents in the area of GPS tracking. The company has international distributors servicing customers in over 35 countries and is a U.S. Military Government contractor. Other customers include public health authorities and municipalities, emergency and law enforcement, private schools, assisted living facilities, NGOs, small business enterprises, senior care homes, and consumers.
GTXCorp.com Track My Workforce GPS SmartSole.com
This is NOT a solicitation to Buy or Sell any security, but rather is for informational purposes only. Content contained herein includes facts, views, opinions and recommendations of individuals and organizations deemed of interest. Trader Madness (“Trader Madness”) does not guarantee the accuracy, completeness or timeliness of, or otherwise endorse these views, opinions or recommendations, or give investment advice. Trader Madness, its affiliates, or directors, may or may not hold a position in the above security from time to time, and investors are encouraged to consider this as a possible conflict of interest when reviewing this information. In Compliance with SEC Rule 17B Trader Madness holds business relationships through affiliate company, and thus should be considered a conflict of interest when reviewing this information. Trader Madness, or its affiliates, may hold a position in above securities from time to time, and thus should be considered a possible conflict of interest when reviewing this report and information. As of date of this alert, an affiliate of Trader Madness, held one million restricted shares of GTX Corp for AI and Data Analytic research, and thus should be considered a conflict of interest when reviewing this information. These investments may involve a high degree of risk, thus investors are highly encouraged to consult with a financial advisor before any and all investments.
Safe Harbor Statements:
This website includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected.
Forward-Looking Statements This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
Small and Micro cap, or ‘penny stocks’, involve a high degree of risk, and we highly encourage investors to consult with a financial advisor before making any and all investment decisions when investing in these type of securities.