Current Report Filing (8-k)
10 August 2018 - 6:54AM
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
August
9, 2018
Date
of Report (Date of earliest event reported)
GTX
Corp
(Exact
Name of Registrant as Specified in Its Charter)
Nevada
|
|
000-53046
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98-0493446
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(State
or Other Jurisdiction of
Incorporation or Organization)
|
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(Commission
File Number)
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(I.R.S.
Employer
Identification No.)
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117
W. 9
th
Street, Suite 1214, Los Angeles, CA
|
|
90015
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(Address
of Principal Executive Offices)
|
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(Zip
Code)
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213-489-3019
Registrant’s
telephone number, including area code
N/A
|
(Former
Name or former Address, if Changed Since Last Report)
|
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:
|
[ ]
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Written
communications pursuant to Rule 425 under the 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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Indicate
by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act
of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company
[ ]
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
(a)
|
On
or about January 8, 2018 the Company entered into a convertible promissory note in the amount of $37,500.00, bearing
interest at a rate of 12% with RB Capital Partners, Inc. Among other terms and conditions RB Capital Partners, Inc. had
the right to convert all or a portion of the debt into shares of common stock of Company at a conversion price of $.002
per share. On or about August 3, 2018, the Company negotiated an amendment to said convertible note whereby the
conversion price was increased to $.02 per share. This is a dramatic increase in the conversion price and represents a
significant benefit to the Company and its shareholders. On or about August 6, 2018, RB Capital Partners, Inc. notified
the Company it was converting $11,700 of the convertible promissory note into 585,000 shares of common stock.
|
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed
on its behalf by the undersigned, hereto duly authorized.
August
9, 2018
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GTX
Corp.
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By:
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/s/
Patrick Bertagna
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Name:
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Patrick
Bertagna
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Title:
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Chief
Executive Office
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