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GTX Global Responds to Market Forces

GTX Global Corporation, a leading provider of innovative IP multimedia technologies that enable profitable IP communications today announced that it is aware of shareholder concerns regarding its stock. The company believes there has been negative pressure on its stock possibly due to the large increase in share value leading to some profit taking by early investors and also due to the negative impacts of the stocklemon defamatory reports and short positions taken by some investors in the market. The company believes that with the ongoing mergers and acquisitions envisaged in its business plan, this creates an excellent investment opportunity in the company's stock and in the company's future growth and potential.

Curtis Garth, CEO of GTX Global stated, "As Mr. Len Green acclimates to his role of assisting me as President and CFO, one of our objectives is to prepare the company for listing on either the AMEX or NASDAQ exchange and to become a fully reporting company."



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