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gosy is ready to manufacture and market...
...their personal companion robots, the carebot.
no one in the world has sold any personal companion robots, at all, much less as advanced as the carebot.
hence, gosy has "first mover" advantage in a HUGE market.
Spencer is to be applauded for his many years preparing for this "family first" marketplace.
iRobot's AVA?
just a very, very expensive "software development" platform according to their website-
mo-
Mech
"portability" is a huge word in software devel-
it also means "re-usable"
and robust
and extensible
and non brittle
and not a singular solution
the fact that gosy migrated their nav from their proprietary platform to a commercial off the shelf Imasen wheelchair is big news.
I suspect the last thing that Imasen ever expected was for gosy's AI to guide their chair better than a person. this reality is got to be very, very difficult for the traditional wheelchair folks to accept...
so now any "decent" power wheelchair can be upgraded to safepath
and wheelchair bases can be cost effectively used for power and locomotion in the professional healthcare and commercial security markets.
wow!
proprietary tech, huge markets and competent management.
gosy is too cheap for sure!
jmo-
Mech
So Wallace's wife left him due to GOSY?
So Wallace is more concerned...
...with MONEY than doing PRISON time and his wife left him because of that?
Correct?
Like I said, and is documented here:
http://www.geckosystems.com/W_W_W
Wallace truly believes the legal system is simply there to provide him "willing victims."
Correct?
Wow, wonder if the Sheriff will hit his siren briefly to bring Wallace out of his home in that fancy gated community?
Bet the neighbors will be video'ing Wallace's perp walk to upload on YouTube since his wife has left him due to his obsession with Mrs. Spencer, or is it Ms. Nelson he is obsessed with?
Will it go viral?
mo-
Mech
So Wallace's wife left him due to GOSY?
Because "flyash" Wallace refused to acknowledge that his obsession with GOSY and the Spencers was aberrant?
It is well established that Wallace has initiated 8-10 lawsuits against the Spencers in the last 3-5 years. Wallace is guilty of violating the GA Temporary Protection Order over 400 times during the 30 days of its affect. Wallace, factually, is a predator and sociopath by the facts here: http://www.geckosystems.com/W_W_W
Or did she leave him because after going through a full psych exam and being put on meds, he then refused to take his meds due to his love of the "juice" in stalking the Spencers?
What is your opinion as to why Wallace's wife got sick of his constant trolling for the Spencers and left him?
She knew he needs daily medication, but since he refused, she left him due to his obsession with Spencer and GOSY?
Is Wallace now obsessed with Paula Nelson because his wife left him due to his stalking of her and the Spencers?
This was told to me by those known to me that have no reason to lie to me.
mo-
Mech
From what I read here:
http://www.geckosystems.com/W_W_W this a misdemeanor warrant for Spencer is a contrivance of Wallace's to extort monies from GOSY that are in FAR excess of any due Wallace.
Carefully reading here,
http://www.geckosystems.com/W_W_W I see that Wallace can go to prison for a minimum one year for his FELONY cyber stalking of the Spencers. That is not the same as Wallace's complaint about Spencer in VA. Wallace provided no proof other than his sworn affidavit. VA law is that easy. Wallace could do the same with anyone since he has no solid evidence other than "Wallace attests and confirms..."
So this is just a tempest in a teapot that Wallace, MacLeod and Little want to make BIG to drive the pps down so MacLeod can cover his MASSIVE shorting of GOSY.
Why does Newell believe MacLeod's delusions?
Let's face it, it is well established that MacLeod is morbidly obese. He has fat clogged arteries to his brain that prevent him from understanding that he is doomed in his "short attack" on GOSY.
It is readily apparent that Alexander S. Newell is one of the pack of flea bitten, mangy, feral dogs harassing GOSY and its associates from the facts presented here:
http://www.geckosystems.com/W_W_W
GOSY will continue to prevail over any and all of Newell's ongoing attempts since Newell never wins, just hides, whines and complains like the sick, mangy dog he is.
That has been shown many, many times as is documented here:
http://www.geckosystems.com/W_W_W
Yes, it is true:
Federal laws TRUMP state laws. Newell foolishly believes that Wallace's DE corruption of due legal process cannot be TRUMPED by Federal laws. Yes, Alexander Newell lives in the Weird World of Wallace, too.
If I were MacLeod, I would sure NOT be relying at all, in any way, on mangy, flea bitten Newell. Newell must be desperate for approval from older male authority figures to be such a pawn of MacLeod's to be complicit in Wallace's and MacLeod's illicit activities regarding GOSY.
Wallace has sure hee hawed how much he despises the Spencers' TPO and how his 400+ violations "don't matter." Wallace exploited the lack of Va jurisdiction to preclude the Spencers from getting a Permanent Protection Order.
Don't you agree that Newell is foolish for being in this pack of flea bitten, mangy, feral dogs of Wallace, MacLeod, Aziz, Dalhaus, and Newell harassing GOSY to drive the pps down and deliberately damage 1300+ stockholders?
Isn't that against SEC Regs, BIG TIME?
Especially Rule 144?
Will they ALL be named in the FBI's Criminal RICO investigation for their pattern of illegal stock manipulation of GOSY?
Just askin'
mo-
Mech
Why does Newell believe MacLeod's delusions?
Let's face it, it is well established that MacLeod is morbidly obese. He has fat clogged arteries to his brain that prevent him from understanding that he is doomed in his "short attack" on GOSY.
It is readily apparent that Alexander S. Newell is one of the pack of flea bitten, mangy, feral dogs harassing GOSY and its associates from the facts presented here:
http://www.geckosystems.com/W_W_W
GOSY will continue to prevail over any and all of Newell's ongoing attempts since Newell never wins, just hides, whines and complains like the sick, mangy dog he is.
That has been shown many, many times as is documented here:
http://www.geckosystems.com/W_W_W
Yes, it is true:
Federal laws TRUMP state laws. Newell foolishly believes that Wallace's DE corruption of due legal process cannot be TRUMPED by Federal laws. Yes, Alexander Newell lives in the Weird World of Wallace, too.
If I were MacLeod, I would sure NOT be relying at all, in any way, on mangy, flea bitten Newell. Newell must be desperate for approval from older male authority figures to be such a pawn of MacLeod's to be complicit in Wallace's and MacLeod's illicit activities regarding GOSY.
Wallace has sure hee hawed how much he despises the Spencers' TPO and how his 400+ violations "don't matter." Wallace exploited the lack of Va jurisdiction to preclude the Spencers from getting a Permanent Protection Order.
Don't you agree that Newell is foolish for being in this pack of flea bitten, mangy, feral dogs of Wallace, MacLeod, Aziz, Dalhaus, and Newell harassing GOSY to drive the pps down and deliberately damage 1300+ stockholders?
Isn't that against SEC Regs, BIG TIME?
Especially Rule 144?
Will they ALL be named in the FBI's Criminal RICO investigation for their pattern of illegal stock manipulation of GOSY?
Just askin'
mo-
Mech
given the nice pop up today, looks like Wallace's best efforts to be a super storm for GOSY ends up being simple flatulence...
Here's what Wallace is incapable of understanding, but 1300+ investors, do:
nursing homes are a two edged sword-
on one hand they are very expensive.
"slums" are $3.5-4K per month
national average is $4.5K per month
the economics are so bad that 50% of all nursing homes in FL are in bankruptcy-
now for the sharper edge of the sword-
there is a huge emotional trauma to the beloved parents that sends them into depression and they die in 1-2 years!
whereas, staying in their own home of 20-30+ years, they may live another 5-10 years!
so what does the family, adult children, want?
to keep their beloved parent as safe and comfortable such that their twilight years can be as good as they can be-
hence the extraordinary means of keeping grandma at home as long as possible.
I do not see the carebot eliminating nursing homes, but putting off that loss of independence as long as is possible-
those that have had direct eldercare responsibility understand the foregoing very, very well!
so tech is great from GOSY to put "family first"
mo-
Mech
tech companies get revenues from product sales...
...and/or technology licensing.
I recall reading that Spencer has said on numerous occasions that he expected technology licensing revenues to precede revenues from product sales.
I know that some very large companies in the tech sector never "sell a product," but only license their tech to others.
since gosy can do both, cool!
less risk for the investor with multiple markets with the same tech!
with this independent, third party validation of their safepath technologies by ZMP, I suspect the basebot will be a "show pony" in Japan for interested licensees in Japan, China, South Korea, etc.
no doubt Hajime Yasumatsu is working very hard to have lots of pony shows!
definitely looking forward to hearing about them!
mo-
Mech
AI, like gosy's, is very 21st century-
those longing for long ago simpler days no doubt simply cannot believe that personal companion robots, like the carebot, could possibly enable grandma to stay out of a smelly, bankrupt nursing home.
one civilizations tech is the old generations' "magic," and hee haw that any "new" tech is not needed or possible or the inventor is insane or no one can afford it or something else will work just as good.
they might as well be hee hawing that microwave ovens halt pacemakers when they insist that gosy's breakthrough tech is no good and just a front for a "pump."
AI like gosy's is just way too advanced for most folks to believe such is possible.
sort of like, "if man was meant to fly, God would have given man wings." we need this new home appliance so we can take better care of our families. refrigerators, electric stoves, microwaves, etc. are all wonderful time and labor saving home appliances.
that is why Bill Gates insists "A Robot in Every Home" in his SciAm article several years ago!
not mo,
his!
Mech
geckochat is really extraordinary...
...it is a verbal interface for the carebot and a great upgrade for the safepath wheelchair.
it is true AI with natural language processing (NLP) using forward chaining if/then/else written in a mature AI language, prolog.
the microphone "array" is super cool, too. it improves the signal to noise dramatically and enables the voice recognition software to recognize words such that the NLP of AI engine can reliably "recognize" predetermined phrases and/or words.
the family gets to customize this interface and tailor it exactly for the needs and benefits of their beloved family member.
so the voice synthesis must be clear and loud enough to be readily heard and understood by the carereceiver.
wow!
not a simple system. less complex than the safepath tech, but...
and then there is geckoscheduler...
wonder when ZMP is going to evaluate the full blown boogie? a carebot?
prototypes tend to be delicate. shipping could be a problem-
in conclusion, geckochat is fundamental and I don't see verbal interaction, for monologues and/or dialogues, on anyone else's personal companion robot.
gosy has much, much more than safepath to license-
I agree with Spencer, I think licensing revenues will easily precede product sales-
mo-
Mech
Financial compliance reasons why GOSY is undervalued:
1. Compliance with Federal Accounting Standards Board's (FASB, http://www.fasb.org/ ) Generally Accepted Accounting Principles (GAAP) distorts the true economic condition and performance of the company.
This is due to the requirement to expense 100% of all R&D in the year incurred. Hence a complete writeoff of all R&D expenditures, regardless of present and/or future value to ZERO. This required compliance with GAAP forces the 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.
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.
3. European Unon (EU) accounting standards, if applied to GOSY's financials, would portray the true economic condition and performance of the company much more realistically.
This is due to the requirement to expense only 50% (not 100%) of all R&D in the year incurred. Hence since not a 100% writeoff, 50% is carried as assets on the balance sheet. This fairly reflects the net worth of a Development Stage company from the EU perspective. The EU requires only a 50% writeoff of all R&D expenditures. This simple accounting change would dramatically flip GOSY's net worth and stockholder equity deep into positive territory.
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.
4. Ignoring discounted cash flow (DCF) analyses of GOSY's financial pro formas lowers the net present value (NPV) of future net profits of GOSY regardless of hurdle rate (minimum ROI) determined as sufficient for the level of risk.
Ignoring increased stockholder dividends due to significant tax loss carry forwards (which reduces taxes due for several years and hence increases the aftertax income available for distribution as stock dividends to stockholders) distorts by lowering the net present value (NPV) of future dividend payments to GOSY stockholders regardless of hurdle rate used.
The long and short of it all?
GOSY's $8,000,000 in expenditures the last 15 years does not show up on the Balance Sheet due to compliance with GAAP.
NOT because GOSY's IP has little or no value.
That reality definitely undervalues GOSY's IP!
mo-
Mech
GeckoSystems Named One of Eight Key Market Players in Service Robotics Industry
CONYERS, Ga., October 11, 2012 -- GeckoSystems Intl. Corp. (Pink Sheets: GOSY | www.geckosystems.com/) announced today that an internationally renowned market research firm, Research and Markets, recently deemed GeckoSystems to be one of eight key market players in the service robotics industry. For fifteen years GeckoSystems has dedicated itself to development of Mobile Robot Solutions for Safety, Security and Serviceâ„¢.
Research and Markets stated in their report, "Personal & Professional Service Robotics Market - Global Forecast & Assessment by Applications & Geography (2012 - 2017," that:
"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)."
http://www.researchandmarkets.com/publication/9rvoof/personal_professional_service_robotics_mark
"We are pleased that the experienced market researchers at Research and Markets are sufficiently astute to accept that small service robot firms, such as GeckoSystems, can nonetheless develop advanced technologies and products as well as much larger, multi-billion dollar corporations such as Honda, iRobot, Sony, Toyota, etc.," reflected Martin Spencer, CEO, GeckoSystems.
In this Research and Markets report, they state:
"The global service robotics market in 2011 was worth $18.39 billion. This market is valued at $20.73 billion in 2012 and expected to reach $46.18 billion by 2017 at an estimated CAGR of 17.4% from 2012 to 2017. The market is driven by factors like ageing population, value enhancement by robots, increasing grants and funds by governments, increasing venture capital investments in service robotics companies, enhancements in complementary technologies and integration of robotics with mobile technologies, other smart products, and appliances."
GeckoSystems projects the available market size in dollars for cost effective, utilitarian, multitasking eldercare personal robots in 2013 to be $74.0B, in 2014 to be $77B, in 2015 to be $80B, in 2016 to be $83.3B, and in 2017 to be $86.6B. With market penetrations of 0.03% in 2013, 0.06% in 2014, 0.22% in 2015, 0.53% in 2016, and 0.81% in 2017, we anticipate CareBot sales, from this consumer market segment, only, of $22.0M, $44.0M, $176M, $440.2M, and $704.3M, respectively. The company is presently securing funding for manufacturing, marketing and final beta testing of their CareBot.
"From our humble beginnings on a kitchen table and a two car garage over fifteen years ago, we have demonstrated publicly for companies such as JC Penney, Honeywell, Dell, Ketchum-Crescent, Ember Industries, Future Electronics, Chubb Insurance, Alexian Brothers, Stryker Corp., Allied Plastics, Samsung, Mitsubishi, Hewlett-Packard, to groups of children in schools and to elderly in their homes and nursing homes. CareBot prototypes have been publicly demonstrated at the Robotics Institute of America (RIA), RoboBusiness trade shows, and numerous local computer shows.
"We believe that critical mass has now been achieved in the service robotics industry. Modern computer and optic technology has brought cost reductions that enable us to introduce advanced Mobile Service Robots to the retail market for use in elder care, security, and of course our SafePath(tm) wheelchair which is in the final stages of pre-production engineering." observed Spencer. "In light of increased government support for robotic health care assistance in the EU, Japan, China, and other countries around the globe, we feel that our market scope estimates are extremely conservative."
About Research and Markets:
Research and Markets is the leading source for international market research and market data. They hold thousands of major research publications from most of the leading publishers, consultants and analysts. They provide their clients with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Research and Markets
Guinness Centre,
Taylors Lane,
Dublin 8,
Ireland.
http://www.researchandmarkets.com/
NONE of Spencer's stock will be sold...
...by Neil Wallace, his parents, the "sheriff," or anyone else.
The IRREFUTABLE reasons why it CANNOT happen are:
1. The proposed sale VIOLATES Federal securities laws, specifically Rule 144 which governs the sale of all restricted stock, REGARDLESS of WHO is doing the selling or the circumstances.
Further, Rule 144 REQUIRES that ONLY FINRA/SEC brokers execute ANY and ALL sales.
So the sheriff does not have to comply with Rule 144?
SURE, they do!
BECAUSE:
2. Federal law ALWAYS trumps state law.
Whenever state law conflicts with Federal law, FEDERAL ALWAYS prevails and precludes enforcement of any and all state laws that conflict with Federal laws.
3. GOSY's DE attorney has demonstrated competence MANY times.
Wallace has NEVER collected ANYTHING in the 5 years of his FAILED attempts to collect monies from GOSY and/or the Spencers NOT legitimately earned by him or allegedly due his parents.
Therefore, NONE of Spencer's stock CAN be sold by Neil Wallace, his parents, the "sheriff," or anyone else.
In conclusion, the Spencers will NOT be losing majority control of GOSY since their 51% ownership is in preferred GOSY shares is NOT at risk in ANY manner, or have ANY of their common stock holdings sold, either.
Wallace has chosen to not make public the so called opinion letter he hee haws about being the "end all" solution supporting his position. Of course he won't since his position is INDEFENSIBLE.
facts remain facts-
Mech
If Wallace has initiated many, many legal actions and harasses the Spencers and GOSY daily...
And if the Spencers' and GOSY have initiated 1 mediation that Wallace hid from...
And if the Spencers's sought a Permanent Protection Order that was MUTUAL and BILATERAL, why did Wallace fight that PPO?
Simple, Wallace is a sick, very sick sociopath, hence his wife despaired and left him due to his obsession in stalking the Spencers.
Wallace has created his own Ground Hog Day with GOSY and the Spencers. He loves it since he is a sociopath.
Don't you agree, now?
mo
Mech
Wallace always insists that everyone is lying but him. Isn't that part of the profile of a sociopath?
Spencer did not tell that.
I read the court docs here:
http://www.geckosystems.com/W_W_W
Is it also a "spencer lie" that Wallace screwed up and had to give back $20,000 plus to GOSY due to his own dumb, very dumb mistake?
Wallace always insists that everyone is lying but him. Isn't that part of the profile of a sociopath?
Sometimes words are not enough...
mo-
Mech
Wallace has initiated 8-10 legal actions against GOSY and the Spencers in the last 3-5 years.
And yet, Wallace has collected NOTHING, but spent thousands of dollars in his futile activities and actually had to give back $20,000 plus due to his flawed understanding of proper legal notice and "due process" of law in GA.
http://www.geckosystems.com/W_W_W documents the foregoing statements.
GOSY and the Spencers have initiated NO legal actions against Wallace, MacLeod, Newell, or anyone else in their cabal....yet.
Hence Wallace's sociopathic stalking of GOSY and the Spencers means that Wallace has a new career before him!
When, not if, GOSY's stock pops, the Spencers' will have budget to enable Wallace to embark on a brand new career at the age of 62!
Responding to the daily storm of more litigation for him to spend his days and nights forestalling.
Recall that the Spencers have worked very hard for several years to fence off Wallace from their lives and business.
Wallace likes having what he sees as "willing victims."
He does not want to settle because then he would get no "juicy" high from his deliberate infliction of emotional pain on them.
He would lose that which is most important to him, the "creation of a willing victim."
So the instant GOSY pops, Wallace starts a new career that will still be GOSY centric, but with him having chosen to be persecuted and pursued by the Spencers as he has them for several years now.
The Spencers want to be rid of Wallace.
That's why they secured the MUTUALLY BINDING GA Temporary Protection Order (which he violated over 400 times in the 30 day period) and the GA Permanent Protection Order was denied due to jurisdiction.
It was NOT denied due to lack of compelling evidence.
The TPO was mutual and the Spencers never violated it. Wallace fought the PPO, why is that?
HE IS GUILTY OF CYBER STALKING THE SPENCERS.
Yes, Wallace's WORST NIGHTMARE is for GOSY to pop.
BTW, the foregoing is all documented at:
http://www.geckosystems.com/W_W_W
mo-
Mech
WALLACE FOUND GUILTY OF STALKING THE SPENCERS
Georgia Superior Court Judge Irwin granted the Spencer's petition for protection from Wallace. He could have denied their petition but he saw enough evidence to grant their request.
http://www.geckosystems.com/W_W_W/Spencers_Granted_Temp_Order_120412.pdf
The only reason a Permanent Order was not issued was due to jurisdiction. Wallace hides in VA in his gated community and gets away with this crime of stalking and harassing the Spencers.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=84480055
COURT DISMISSES SPENCER DEMAND AGAINST WALLACE. FINDS SPENCER GUILTY OF CRIMINAL STALKING
The GA court dismissed marty's complaint against Wallace, but in doing so the judge reviewed the same evidence which resulted in marty's VA arrest warrant. The GA judge scathingly rebuked marty for his conduct and agreed with the VA authorities. What a humiliation for marty.
Financial compliance reasons why GOSY is undervalued:
1. Compliance with Federal Accounting Standards Board's (FASB, http://www.fasb.org/ ) Generally Accepted Accounting Principles (GAAP) distorts the true economic condition and performance of the company.
This is due to the requirement to expense 100% of all R&D in the year incurred. Hence a complete writeoff of all R&D expenditures, regardless of present and/or future value to ZERO. This required compliance with GAAP forces the 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.
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.
3. European Unon (EU) accounting standards, if applied to GOSY's financials, would portray the true economic condition and performance of the company much more realistically.
This is due to the requirement to expense only 50% (not 100%) of all R&D in the year incurred. Hence since not a 100% writeoff, 50% is carried as assets on the balance sheet. This fairly reflects the net worth of a Development Stage company from the EU perspective. The EU requires only a 50% writeoff of all R&D expenditures. This simple accounting change would dramatically flip GOSY's net worth and stockholder equity deep into positive territory.
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.
4. Ignoring discounted cash flow (DCF) analyses of GOSY's financial pro formas lowers the net present value (NPV) of future net profits of GOSY regardless of hurdle rate (minimum ROI) determined as sufficient for the level of risk.
Ignoring increased stockholder dividends due to significant tax loss carry forwards (which reduces taxes due for several years and hence increases the aftertax income available for distribution as stock dividends to stockholders) distorts by lowering the net present value (NPV) of future dividend payments to GOSY stockholders regardless of hurdle rate used.
The long and short of it all?
GOSY's $8,000,000 in expenditures the last 15 years does not show up on the Balance Sheet due to compliance with GAAP.
NOT because GOSY's IP has little or no value.
That reality definitely undervalues GOSY's IP!
mo-
Mech
WALLACE FOUND GUILTY OF STALKING THE SPENCERS
Georgia Superior Court Judge Irwin granted the Spencer's petition for protection from Wallace. He could have denied their petition but he saw enough evidence to grant their request.
http://www.geckosystems.com/W_W_W/Spencers_Granted_Temp_Order_120412.pdf
The only reason a Permanent Order was not issued was due to jurisdiction. Wallace hides in VA in his gated community and gets away with this crime of stalking and harassing the Spencers.
GeckoSystems Named One of Eight Key Market Players in Service Robotics Industry
CONYERS, Ga., October 11, 2012 -- GeckoSystems Intl. Corp. (Pink Sheets: GOSY | www.geckosystems.com/) announced today that an internationally renowned market research firm, Research and Markets, recently deemed GeckoSystems to be one of eight key market players in the service robotics industry. For fifteen years GeckoSystems has dedicated itself to development of Mobile Robot Solutions for Safety, Security and Serviceâ„¢.
Research and Markets stated in their report, "Personal & Professional Service Robotics Market - Global Forecast & Assessment by Applications & Geography (2012 - 2017," that:
"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)."
http://www.researchandmarkets.com/publication/9rvoof/personal_professional_service_robotics_mark
"We are pleased that the experienced market researchers at Research and Markets are sufficiently astute to accept that small service robot firms, such as GeckoSystems, can nonetheless develop advanced technologies and products as well as much larger, multi-billion dollar corporations such as Honda, iRobot, Sony, Toyota, etc.," reflected Martin Spencer, CEO, GeckoSystems.
In this Research and Markets report, they state:
"The global service robotics market in 2011 was worth $18.39 billion. This market is valued at $20.73 billion in 2012 and expected to reach $46.18 billion by 2017 at an estimated CAGR of 17.4% from 2012 to 2017. The market is driven by factors like ageing population, value enhancement by robots, increasing grants and funds by governments, increasing venture capital investments in service robotics companies, enhancements in complementary technologies and integration of robotics with mobile technologies, other smart products, and appliances."
GeckoSystems projects the available market size in dollars for cost effective, utilitarian, multitasking eldercare personal robots in 2013 to be $74.0B, in 2014 to be $77B, in 2015 to be $80B, in 2016 to be $83.3B, and in 2017 to be $86.6B. With market penetrations of 0.03% in 2013, 0.06% in 2014, 0.22% in 2015, 0.53% in 2016, and 0.81% in 2017, we anticipate CareBot sales, from this consumer market segment, only, of $22.0M, $44.0M, $176M, $440.2M, and $704.3M, respectively. The company is presently securing funding for manufacturing, marketing and final beta testing of their CareBot.
"From our humble beginnings on a kitchen table and a two car garage over fifteen years ago, we have demonstrated publicly for companies such as JC Penney, Honeywell, Dell, Ketchum-Crescent, Ember Industries, Future Electronics, Chubb Insurance, Alexian Brothers, Stryker Corp., Allied Plastics, Samsung, Mitsubishi, Hewlett-Packard, to groups of children in schools and to elderly in their homes and nursing homes. CareBot prototypes have been publicly demonstrated at the Robotics Institute of America (RIA), RoboBusiness trade shows, and numerous local computer shows.
"We believe that critical mass has now been achieved in the service robotics industry. Modern computer and optic technology has brought cost reductions that enable us to introduce advanced Mobile Service Robots to the retail market for use in elder care, security, and of course our SafePath(tm) wheelchair which is in the final stages of pre-production engineering." observed Spencer. "In light of increased government support for robotic health care assistance in the EU, Japan, China, and other countries around the globe, we feel that our market scope estimates are extremely conservative."
About Research and Markets:
Research and Markets is the leading source for international market research and market data. They hold thousands of major research publications from most of the leading publishers, consultants and analysts. They provide their clients with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Research and Markets
Guinness Centre,
Taylors Lane,
Dublin 8,
Ireland.
http://www.researchandmarkets.com/
NONE of Spencer's stock will be sold...
...by Neil Wallace, his parents, the "sheriff," or anyone else.
The IRREFUTABLE reasons why it CANNOT happen are:
1. The proposed sale VIOLATES Federal securities laws, specifically Rule 144 which governs the sale of all restricted stock, REGARDLESS of WHO is doing the selling or the circumstances.
Further, Rule 144 REQUIRES that ONLY FINRA/SEC brokers execute ANY and ALL sales.
So the sheriff does not have to comply with Rule 144?
SURE, they do!
BECAUSE:
2. Federal law ALWAYS trumps state law.
Whenever state law conflicts with Federal law, FEDERAL ALWAYS prevails and precludes enforcement of any and all state laws that conflict with Federal laws.
3. GOSY's DE attorney has demonstrated competence MANY times.
Wallace has NEVER collected ANYTHING in the 5 years of his FAILED attempts to collect monies from GOSY and/or the Spencers NOT legitimately earned by him or allegedly due his parents.
Therefore, NONE of Spencer's stock CAN be sold by Neil Wallace, his parents, the "sheriff," or anyone else.
In conclusion, the Spencers will NOT be losing majority control of GOSY since their 51% ownership is in preferred GOSY shares is NOT at risk in ANY manner, or have ANY of their common stock holdings sold, either.
Wallace has chosen to not make public the so called opinion letter he hee haws about being the "end all" solution supporting his position. Of course he won't since his position is INDEFENSIBLE.
facts remain facts-
Mech
Rule 144 ALWAYS applies.
Wallace is getting an VERY expensive and PUBLIC education here.
One may find some personal DD insightful.
I did.
Ask an SEC attorney that understands Rule 144, instead of avoiding its mention or reference in any manner whatsoever.
I am right.
Even GOSY's attorney agrees:
http://geckosystems.com/W_W_W/Notice_of_Appeal-stocksale.pdf
http://geckosystems.com/W_W_W/Brief_for_appeal_of_stock_sale.pdf
Mech
Rule 144 ALWAYS applies.
Wallace is getting an VERY expensive and PUBLIC education here.
One may find some personal DD insightful.
I did.
Ask an SEC attorney that understands Rule 144, instead of avoiding its mention or reference in any manner whatsoever.
I am right.
Even GOSY's attorney agrees:
http://geckosystems.com/W_W_W/Notice_of_Appeal-stocksale.pdf
http://geckosystems.com/W_W_W/Brief_for_appeal_of_stock_sale.pdf
Mech
Yawn...........NONE of Spencer's stock will be sold...
...by Neil Wallace, his parents, the "sheriff," or anyone else.
The IRREFUTABLE reasons why it CANNOT happen are:
1. The proposed sale VIOLATES Federal securities laws, specifically Rule 144 which governs the sale of all restricted stock, REGARDLESS of WHO is doing the selling or the circumstances.
Further, Rule 144 REQUIRES that ONLY FINRA/SEC brokers execute ANY and ALL sales.
So the sheriff does not have to comply with Rule 144?
SURE, they do!
BECAUSE:
2. Federal law ALWAYS trumps state law.
Whenever state law conflicts with Federal law, FEDERAL ALWAYS prevails and precludes enforcement of any and all state laws that conflict with Federal laws.
3. GOSY's DE attorney has demonstrated competence MANY times.
Wallace has NEVER collected ANYTHING in the 5 years of his FAILED attempts to collect monies from GOSY and/or the Spencers NOT legitimately earned by him or allegedly due his parents.
Therefore, NONE of Spencer's stock CAN be sold by Neil Wallace, his parents, the "sheriff," or anyone else.
In conclusion, the Spencers will NOT be losing majority control of GOSY since their 51% ownership is in preferred GOSY shares is NOT at risk in ANY manner, or have ANY of their common stock holdings sold, either.
Wallace has chosen to not make public the so called opinion letter he hee haws about being the "end all" solution supporting his position. Of course he won't since his position is INDEFENSIBLE.
facts remain facts-
Mech
This is why Wallace's DEFEAT is certain:
nursing homes are a two edged sword-
on one hand they are very expensive.
"slums" are $3.5-4K per month
national average is $4.5K per month
the economics are so bad that 50% of all nursing homes in FL are in bankruptcy-
now for the sharper edge of the sword-
there is a huge emotional trauma to the beloved parents that sends them into depression and they die in 1-2 years!
whereas, staying in their own home of 20-30+ years, they may live another 5-10 years!
so what does the family, adult children, want?
to keep their beloved parent as safe and comfortable such that their twilight years can be as good as they can be-
hence the extraordinary means of keeping grandma at home as long as possible.
I do not see the carebot eliminating nursing homes, but putting off that loss of independence as long as is possible-
those that have had direct eldercare responsibility understand the foregoing very, very well!
so the tech is great from GOSY to put "family first"
mo-
Mech
AI, like gosy's, is very 21st century-
those longing for long ago simpler days no doubt simply cannot believe that personal companion robots, like the carebot, could possibly enable grandma to stay out of a smelly, bankrupt nursing home.
one civilizations tech is the old generations' "magic," and hee haw that any "new" tech is not needed or possible or the inventor is insane or no one can afford it or something else will work just as good.
they might as well be hee hawing that microwave ovens halt pacemakers when they insist that gosy's breakthrough tech is no good and just a front for a "pump."
AI like gosy's is just way too advanced for most folks to believe such is possible.
sort of like, "if man was meant to fly, God would have given man wings." we need this new home appliance so we can take better care of our families. refrigerators, electric stoves, microwaves, etc. are all wonderful time and labor saving home appliances.
that is why Bill Gates insists "A Robot in Every Home" in his SciAm article several years ago!
not mo,
his!
Mech
But before that happens, there's alot more PUBLIC HUMILIATION coming Wallace's way.
When, not if, GOSY's stock pops, then the Spencers' would have budget to enable Wallace to embark on a brand new career at the age of 62!
Responding to the daily storm of more litigation for him to spend his days and nights forestalling.
Recall that the Spencers have worked very hard for several years to fence off Wallace from their lives and business.
Wallace likes having what he sees as "willing victims."
He does not want to settle because then he would get no "juicy" high from his deliberate infliction of emotional pain on them.
He would lose that which is most important to him, the "creation of a willing victim."
So the instant GOSY pops, Wallace starts a new career that will still be GOSY centric, but with him having chosen to be persecuted and pursued by the Spencers as he has them for several years now.
The Spencers want to be rid of Wallace.
That's why they secured the MUTUALLY BINDING GA Temporary Protection Order (which he violated over 400 times in the 30 day period) and the GA Permanent Protection Order was denied due to jurisdiction.
It was NOT denied due to lack of compelling evidence.
The TPO was mutual and the Spencers never violated it. Wallace fought the PPO, why is that?
HE IS GUILTY OF CYBER STALKING THE SPENCERS.
Yes, Wallace's WORST NIGHTMARE is for GOSY to pop.
BTW, the foregoing is all documented at:
http://www.geckosystems.com/W_W_W
mo-
Mech
Like I said, it is important for one to do their own DD.
Guess Wallace is unfazed by the near certainty of his PUBLIC HUMILIATION and infuriating daddy...
BTW, just because a low level judge is ignorant, does not mean they are stupid, retarded, or in any way mentally or emotionally challenged. IMO, others may disagree...
So why was the SEC created if NOT to protect stockholders from ILLEGAL stock manipulation such as Wallace keeps bragging about?
Isn't that self defeating of Wallace, to brag about VIOLATING SEC regs?
Why would any sane person brag publicly about breaking any law, much less Federal?
Is that why the FBI is now assembling a file on Wallace et al?
This ILLEGAL manipulation he keeps bragging about?
mo-
Mech
When do you think we'll see Judge Reigle's new order regarding the sale of marty's shares? I'm sure the order is good news for marty.
Simple question, easy multiple answers-
GOSY has plenty of grounds for multiple suits against Wallace
Martin Spencer has plenty of grounds for multiple suits against Wallace
Elaine Spencer has plenty of grounds for multiple suits against Wallace
and that is the short list!
Now Wallace will hee haw how he can't be sued successfully-
Of course we know that...
So Wallace's wife left him due to GOSY?
Because "flyash" Wallace refused to acknowledge that his obsession with GOSY and the Spencers was aberrant?
Or did she leave him because after going through a full psych exam and being put on meds, he then refused to take his meds due to his love of the "juice" in stalking the Spencers?
What is your opinion as to why Wallace's wife got sick of his constant trolling for the Spencers and left him?
She knew he needs daily medication, but since he refused, she left him due to his obsession with Spencer and GOSY?
Is Wallace now obsessed with Paula Nelson because his wife left him due to his stalking of her and the Spencers?
This was told to me by those known to me that have no reason to lie to me.
mo-
Mech
If investors and potential partners conclude that gosy will not be rid of all these people soon, they will stay away.
Just as they have.
And while gosy and their posters haven't disclosed all of the problems gosy faces, (judgments, arrest warrants, sheriff's sale),
gosy has disclosed enough to explain why no rational investor or potential partner is interested.
The international conspiracy, the NSS, the tortious interference, the stalking, admission of having no money due to legal fees, etc.
Not good news for gosy.
How could anyone be comfortable about that?
Financial compliance reasons why GOSY is undervalued:
1. Compliance with Federal Accounting Standards Board's (FASB, http://www.fasb.org/ ) Generally Accepted Accounting Principles (GAAP) distorts the true economic condition and performance of the company.
This is due to the requirement to expense 100% of all R&D in the year incurred. Hence a complete writeoff of all R&D expenditures, regardless of present and/or future value to ZERO. This required compliance with GAAP forces the 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.
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.
3. European Unon (EU) accounting standards, if applied to GOSY's financials, would portray the true economic condition and performance of the company much more realistically.
This is due to the requirement to expense only 50% (not 100%) of all R&D in the year incurred. Hence since not a 100% writeoff, 50% is carried as assets on the balance sheet. This fairly reflects the net worth of a Development Stage company from the EU perspective. The EU requires only a 50% writeoff of all R&D expenditures. This simple accounting change would dramatically flip GOSY's net worth and stockholder equity deep into positive territory.
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.
4. Ignoring discounted cash flow (DCF) analyses of GOSY's financial pro formas lowers the net present value (NPV) of future net profits of GOSY regardless of hurdle rate (minimum ROI) determined as sufficient for the level of risk.
Ignoring increased stockholder dividends due to significant tax loss carry forwards (which reduces taxes due for several years and hence increases the aftertax income available for distribution as stock dividends to stockholders) distorts by lowering the net present value (NPV) of future dividend payments to GOSY stockholders regardless of hurdle rate used.
The long and short of it all?
GOSY's $8,000,000 in expenditures the last 15 years does not show up on the Balance Sheet due to compliance with GAAP.
NOT because GOSY's IP has little or no value.
That reality definitely undervalues GOSY's IP!
mo-
Mech
So Wallace's wife left him due to GOSY?
So Wallace is more concerned...
...with MONEY than doing PRISON time and his wife left him because of that?
Correct?
Like I said, and is documented here:
http://www.geckosystems.com/W_W_W
Wallace truly believes the legal system is simply there to provide him "willing victims."
Correct?
Wow, wonder if the Sheriff will hit his siren briefly to bring Wallace out of his home in that fancy gated community?
Bet the neighbors will be video'ing Wallace's perp walk to upload on YouTube since his wife has left him due to his obsession with Mrs. Spencer, or is it Ms. Nelson he is obsessed with?
Will it go viral?
mo-
Mech
GeckoSystems Named One of Eight Key Market Players in Service Robotics Industry
CONYERS, Ga., October 11, 2012 -- GeckoSystems Intl. Corp. (Pink Sheets: GOSY | www.geckosystems.com/) announced today that an internationally renowned market research firm, Research and Markets, recently deemed GeckoSystems to be one of eight key market players in the service robotics industry. For fifteen years GeckoSystems has dedicated itself to development of Mobile Robot Solutions for Safety, Security and Serviceâ„¢.
Research and Markets stated in their report, "Personal & Professional Service Robotics Market - Global Forecast & Assessment by Applications & Geography (2012 - 2017," that:
"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)."
http://www.researchandmarkets.com/publication/9rvoof/personal_professional_service_robotics_mark
"We are pleased that the experienced market researchers at Research and Markets are sufficiently astute to accept that small service robot firms, such as GeckoSystems, can nonetheless develop advanced technologies and products as well as much larger, multi-billion dollar corporations such as Honda, iRobot, Sony, Toyota, etc.," reflected Martin Spencer, CEO, GeckoSystems.
In this Research and Markets report, they state:
"The global service robotics market in 2011 was worth $18.39 billion. This market is valued at $20.73 billion in 2012 and expected to reach $46.18 billion by 2017 at an estimated CAGR of 17.4% from 2012 to 2017. The market is driven by factors like ageing population, value enhancement by robots, increasing grants and funds by governments, increasing venture capital investments in service robotics companies, enhancements in complementary technologies and integration of robotics with mobile technologies, other smart products, and appliances."
GeckoSystems projects the available market size in dollars for cost effective, utilitarian, multitasking eldercare personal robots in 2013 to be $74.0B, in 2014 to be $77B, in 2015 to be $80B, in 2016 to be $83.3B, and in 2017 to be $86.6B. With market penetrations of 0.03% in 2013, 0.06% in 2014, 0.22% in 2015, 0.53% in 2016, and 0.81% in 2017, we anticipate CareBot sales, from this consumer market segment, only, of $22.0M, $44.0M, $176M, $440.2M, and $704.3M, respectively. The company is presently securing funding for manufacturing, marketing and final beta testing of their CareBot.
"From our humble beginnings on a kitchen table and a two car garage over fifteen years ago, we have demonstrated publicly for companies such as JC Penney, Honeywell, Dell, Ketchum-Crescent, Ember Industries, Future Electronics, Chubb Insurance, Alexian Brothers, Stryker Corp., Allied Plastics, Samsung, Mitsubishi, Hewlett-Packard, to groups of children in schools and to elderly in their homes and nursing homes. CareBot prototypes have been publicly demonstrated at the Robotics Institute of America (RIA), RoboBusiness trade shows, and numerous local computer shows.
"We believe that critical mass has now been achieved in the service robotics industry. Modern computer and optic technology has brought cost reductions that enable us to introduce advanced Mobile Service Robots to the retail market for use in elder care, security, and of course our SafePath(tm) wheelchair which is in the final stages of pre-production engineering." observed Spencer. "In light of increased government support for robotic health care assistance in the EU, Japan, China, and other countries around the globe, we feel that our market scope estimates are extremely conservative."
About Research and Markets:
Research and Markets is the leading source for international market research and market data. They hold thousands of major research publications from most of the leading publishers, consultants and analysts. They provide their clients with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Research and Markets
Guinness Centre,
Taylors Lane,
Dublin 8,
Ireland.
http://www.researchandmarkets.com/
So Wallace's wife left him due to GOSY?
Because "flyash" Wallace refused to acknowledge that his obsession with GOSY and the Spencers was aberrant?
Or did she leave him because after going through a full psych exam and being put on meds, he then refused to take his meds due to his love of the "juice" in stalking the Spencers?
What is your opinion as to why Wallace's wife got sick of his constant trolling for the Spencers and left him?
She knew he needs daily medication, but since he refused, she left him due to his obsession with Spencer and GOSY?
Is Wallace now obsessed with Paula Nelson because his wife left him due to his stalking of her and the Spencers?
This was told to me by those known to me that have no reason to lie to me.
mo-
Mech
did Newell, Wallace, MacLeod, or others known to you that have no reason to lie to you, tell you that?
since there is no URL to substantiate those claims is why I ask-
otherwise, seems to me that Newell, Wallace, MacLeod, or others known to you that have no reason to lie to you, did lie to you...
bummer!
3rd party proof of their constant lying, whether forging signatures, corrupting due legal process, or just outright fraud is here:
http://geckosystems.com/W_W_W/
one will need to read carefully and reflect on the substance of all these documents to fully comprehend the scope of Newell's, Wallace's and MacLeod's depravity.
again, that URL is:
http://geckosystems.com/W_W_W/
sorry to learn that Newell, Wallace and MacLeod continue to lie to you-
otherwise there would be URL's to support your demonstrably erroneous claims here as is readily revealed here:
http://geckosystems.com/W_W_W/
we all regret their constant lies, prevarication, distortion and deceit, don't we?
again, here is the URL that contains all the 3rd party substance you will need to understand the reasons why these two are so notorious-
no doubt Newell, Wallace and MacLeod are celebrating their partnership in the massive naked shorting of gosy recently-
so now they will start hee hawing how gosy is no good, etc. and no doubt vilify the management and his staff since they cannot criticize the tech and/or markets-
personal vilification is all they have to attack the company with-
gosy has the truth as is clearly depicted here:
http://geckosystems.com/W_W_W/
isn't this the Newell we are talking about here?
This is rumored to be Alexander S. Newell, who is also connected to GOSY on
http://www.geckosystems.com/W_W_W
Mech
Who's Farber? Who's Aziz? I have yet to say anthing connecting these gents to gosy.
tech companies get revenues from product sales...
...and/or technology licensing.
I recall reading that Spencer has said on numerous occasions that he expected technology licensing revenues to precede revenues from product sales.
I know that some very large companies in the tech sector never "sell a product," but only license their tech to others.
since gosy can do both, cool!
less risk for the investor with multiple markets with the same tech!
with this independent, third party validation of their safepath technologies by ZMP, I suspect the basebot will be a "show pony" in Japan for interested licensees in Japan, China, South Korea, etc.
no doubt Hajime Yasumatsu is working very hard to have lots of pony shows!
definitely looking forward to hearing about them!
mo-
Mech