
Vista Partners, one of the fastest growing independent equity research firms in the U.S., has been following GTX Corp (GTXO.OB) since mid-2008. Vista’s analysis team consists of seasoned professionals with backgrounds in corporate communications, investment banking, and finance. Vista published a thorough analysis of GTX in November 2008 and has recently published its latest findings in its April newsletter.
Amazingly at this time the company has zero debt on its books, which is generally unheard of in a developing company. The company’s management team continues to look at ways to streamline costs and is now focused on significantly reducing its recurring operating expenses. According to the Vista analysts, there are a myriad of companies that “would love to have no debt and enough cash on hand to support one year’s worth of operating expenses.”
GTX stock is currently being traded around cash value, which does
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