GeckoSystems Intl. Corp. (GOSY)

[Toxic Avenger]

Speaking of dumb, dumb, dumb, dumber and dumbest, let's not forget.

O/S & Float from latest filing (12/31/11)
349,434,996 shares of common stock issued and outstanding;
5,100 shares of preferred stock issued and outstanding;
825,000,000 common shares authorized and 5,100 preferred stock
authorized with 207,051,205 shares in the public float;

Common share equivalents (common + convertible preferred if converted):
roger (CEO) - 253,710,745
elaine (CEO's wife)- 190,859,156
Total CSE's held by CEO & Wife - 444,569,901
Total O/S (if all preferred shares converted) - 705,999,996

Major shares Issued, Last 3 years, CEO & wife
roger - 253 million*, plus 209 million CSEs through preferred.
elaine - 230 million*, plus 154 million CSEs through preferred.
*some shares subsequently sold back to company/exchanged for preferred.

Major shares Issued, Last 3 years, Non 5% shareholders
Paul Spencer - 82.25 million
Noah Clark Jr. - 106.5 million
David Jimenez - 44.5 million
Total to 3 non-5% owners - 233.25 million
Float is 207 million.

More shares have been issued to 3, non-5% owners, for "services" (likely stock promotion) and "debt repayment" (no debt on books) than are in the ENTIRE FLOAT. Those shares represent 2/3 of the current O/S (349 million), yet none of the 3 have EVER been listed as 5% owners. That suggests none of the 3 held more than 17 million shares on 12/31/11.

Revenues since inception - $22,328
Losses since inception- $8,166,953

Cash., EOY 2011 - $4,947
Supply inventory (frames, motors, electronics, etc.) EOY'11 - $106,024
Current liabilities., - $965,289