GeckoSystems Intl. Corp. (GOSY)

[BizGuru]

Why is GOSY undervalued? Part 2:

Federal and state tax laws also distort the true economic condition and performance of GOSY.

This is due to the requirement to prepare financials in accordance with FASB 's GAAP for tax filings. This required compliance with GAAP forces GOSY as a Development Stage company to place no assets on their Balance Sheet on the proprietary Intellectual Properties (IP) regardless of the level of probability of future revenues from their R&D activities.

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