GTX Corp announced a private placement of convertible promissory notes for gross proceeds of $100,000 and 5,000,000 common shares at the price of $0.03 per share for gross proceeds of $150,000; for aggregate gross proceeds of $250,000 on April 12, 2022. The notes bear 10% interest per annum and 50% of the principal may be converted into shares of common stock on a one-time basis at a conversion price of $0.01 per share. The remaining 50% of the principal must be paid in cash.