Nxt-ID, Inc. (NASDAQ:NXTD) Files An 8-K Other Events
Item 8.01
| Other Events. |
On November 17, 2016, Nxt-ID, Inc. (the Company) held a webcast
to report its financial results for the fiscal quarter ended
September 30, 2016 (the Webcast). A transcript of the Webcast is
attached hereto as Exhibit 99.1.
Exhibit 99.1 contains, and may implicate, forward-looking
statements regarding the Company, and includes cautionary
statements identifying important factors that could cause actual
results to differ materially from those anticipated.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
| 99.1 |
Transcript of the Nxt-ID, Inc. Webcast held on November 17, 2016. |
About Nxt-ID, Inc. (NASDAQ:NXTD)
Nxt-ID, Inc. is a technology company. The Company is focused on products, solutions and services for security on mobile devices. The Company’s core technologies consist of those that support digital payments, biometric identification, encryption, sensors and miniaturization. It has three lines of business: mobile commerce (m-commerce), primarily through the application of secure digital payment technologies; biometric access control applications, and Department of Defense contracting. It intends to use its core biometric facial and voice recognition algorithms to develop security applications (both cloud based and locally hosted) that can be used for companies, as well as individuals, law enforcement, the defense industry, and the United States Department of Defense. Its offerings include Wocket, a physical electronic smart wallet; the NXT Smartcard, a standalone smartcard; Wi-Mag, an antenna and payment technology, and 3D FaceMatch and 3D SketchArtist facial recognition products. Nxt-ID, Inc. (NASDAQ:NXTD) Recent Trading Information
Nxt-ID, Inc. (NASDAQ:NXTD) closed its last trading session down -0.05 at 3.51 with 84,767 shares trading hands.
