Nxt-ID, Inc. (NASDAQ:NXTD) Files An 8-K Results of Operations and Financial Condition
Item2.02 Results of Operations and Financial Condition
On May 2, 2017, Nxt-Id, Inc. (the Company) issued a press release
announcing preliminary financial results for the fiscal quarter
ended March 31, 2017.A copy of the press release is furnished
herewith as Exhibit99.1. The information set forth in Item 2.02
of this Form 8-K (including Exhibit 99.1) shall not be deemed
filed for purposes of Section 18 of the Securities Exchange Act
of 1934, as amended (the Exchange Act), or incorporated by
reference in any filing under the Securities Act of 1933, as
amended, or the Exchange Act, except as shall be expressly set
forth by specific reference in such a filing.
Forward-Looking Statements
Except for historical information contained in the press release
attached as an exhibit hereto, the press release contains
forward-looking statements which involve certain risks and
uncertainties that could cause actual results to differ
materially from those expressed or implied by these statements.
Please refer to the cautionary note in the press release
regarding these forward-looking statements.
Item9.01 Financial Statements and Exhibits.
(d)Exhibits.
| Exhibit No. | Description | |
| Exhibit 99.1 | Press Release dated May 2, 2017 |
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 00.00 at 1.79 with 1,637,863 shares trading hands.
