Current Report Filing (8-k)
September 18 2017 - 8:01AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
September
11, 2017
Date
of Report (Date of earliest event reported)
GTX
Corp.
(Exact
name of registrant as specified in its charter)
Nevada
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000-53046
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98-0493446
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(State
or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS
Employer
Identification No.)
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117
W. 9
th
St., Suite 1214, Los Angeles, CA
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90015
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code
213-489-3019
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (
see
General Instruction A.2. below):
[ ]
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Written
communications pursuant to Rule 425 under Securities Act (17 CFR 230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item
1.01 Entry into a Material Definitive Agreement.
On
September 11, 2017, GTX Corp. (the “Company”) entered into a purchase order contract number FA9302-17-P-FO49 with
Edwards Air Force Base - AFTC/PZIEA. Pursuant to the purchase order, GTX agreed to provide various supplies, services and the
installation of said supplies. In return, GTX is to receive an award of $180,000. The purchase order contract is set to be effective
as of September 18, 2017.
On
September 14, 2017, the Company entered into a Lock-Up Agreement with DiamondRock, LLC (“DiamondRock”) for shares
issued pursuant to conversions of existing convertible promissory notes previously issued by the Company to DiamondRock. The Lock-Up
Agreement provides DiamondRock with an orderly process for conversion. In consideration for the conversion guidelines, DiamondRock
has agreed not to sell any shares acquired from conversion of the outstanding convertible promissory notes until October 14, 2017.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
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GTX
Corp.
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Date:
September 18, 2017
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By:
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/s/
Patrick Bertagna
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Patrick
Bertagna, CEO
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