GeckoSystems wishes to do great good. For example, statistics from a Veteran's Administration study indicate that currently 132,000 disabled persons have difficulty steering and maneuvering their power wheelchair and that nearly half of those denied a power wheelchair because they are unable to control a chair by conventional methods would benefit from an automated navigation system. GeckoSystems believes that a market backlog of between 250,000 and 500,000 exists. http://www.rehab.research.va.gov/jour/00/37/3/fehr.htm
Research and Markets, a respected international marketing analysis company, made this recent statement about GeckoSystems:
"The key market players in service robotics industry are Honda Motors (Japan), iRobot (U.S.), AB Electrolux (Sweden), Sony (Japan), Fujitsu (Japan), Toyota (Japan), GeckoSystems (U.S.), and Yujin Robot (South Korea)."
In September of this year ZMP Inc., an established Japanese robotics company that serves the international educational market, announced that they had successfully finished their technical evaluation of GeckoSystems' BaseBot, a demonstration platform for basic AI navigation.
"The software of the BaseBot was high quality and had a fully developed configuration interface required to apply this technology to autonomous mobile service robots. GSIC's line includes its flagship model, the 'CareBot' that uses the sophisticated navigation of the BaseBot and a more advanced user interface. Since the CareBot is mainly used for assisted living for the elderly, which is a promising market in Japan, ZMP intends to actively promote these products. The goal of both companies is to develop mobile service robot technologies and products that will enable people around the world to live a more independent, safe, and comfortable life," commented Spencer.
Here is the ZMP's PR in Japanese: http://www.zmp.co.jp/html/press_20120924.htm
Martin Spencer, President/CEO, GeckoSystems -- on the history of GOSY stock:
"We worked for nearly a year in preparing our initial 15c211 submission to, and addressing the comments of, FINRA prior to their issuance of our original trading symbol, GCKO. Our initial and subsequent submissions to FINRA were reviewed and prepared by our attorney at Sichenzia, Ross, Friedman & Ference, LLP. We received our trading symbol, GCKO, from FINRA in September of 2007. In order to enable electronic trading we became DTC eligible in January of 2008. In October, 2010, we changed our symbol to GOSY in an early effort to thwart this ongoing short attack.
"Our transfer agent, Continental Stock Transfer & Trust Company is a first tier firm. We selected them because of their reputation for accurate, professional accounting. We are certain that there are no legitimate holdings or certificates in circulation that would support the volume traded in this stock on the 10th and at other times in our history."
The company hopes that the records of DTC and DRS transactions will assist FINRA in the tracking of the unusual volume the company experienced in on October 10 of this year, in late April and early May of this year when fails to deliver triggered threshold volume, and in December of 2009 when the stock traded five times the available float.
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