TX HOLDINGS, INC. (OTCMKTS:TXHG) Files An 8-K Other Events
Item 8.01 – Other Events
About TX HOLDINGS, INC. (OTCMKTS:TXHG)
TX Holdings, Inc. is in the business of supplying, distributing and selling drill bits, related tools, and other mining supplies and rail products to the United States’ coal mining companies and operators for use in their extraction and transportation processes. The Company is focusing its business on the distribution of rail material and mining supplies, such as steel and tungsten carbide miner bits and augurs, and related tools and material. The Company’s product lines include rail, rail products, mining supplies and The Bag Rack. Its mining supplies include drill steel, roof bit bodies, roof bit assemblies, block and sleeves, and miscellaneous parts. The Company, through its subsidiary, The Bag Rack, LLC, has developed a product, The Bag Rack. The Company is in the preliminary-stages of distributing and selling The Bag Rack. The Bag Rack is a device that enables bags with handles to be stored in the trunk of a car preventing the bags from tipping over and causing spillage.