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Looks like MacLeod has abandoned Wallace!
Here's why:
Five times in the last 5 years MacLeod has manipulated Neil Tyler (Tyrone?) Wallace into attempting de facto takeovers of GOSY.
Why is that?
MacLeod's health is very poor. He is morbidly obese. He is only 5'4" and yet weighs 280-320 pounds. His blood pressure is unbelieveably high. Why would MacLeod risk stroking out in his continued attacks on GOSY just to bring the pps down?
"Suppose" MacLeod has allied with the dark side, aka Mafiaso international hedge funds and told them of his conspiracy with Wallace to drive the GOSY pps down to .0001? If MacLeod has convinced these international Mafiaso's to NAKED SHORT GOSY, what happens to this morbidly obese, gasket-popping high blood pressure individual?
Is there anyplace in the world MacLeod can hide from this kind of international evil that he has conned into MASSIVELY SHORTING GOSY?
Probably not...
So will MacLeod lie and cheat on Wallace to protect his own life?
Sure!
Wallace is a fool here for believing that MacLeod views Wallace's involvement with GOSY as anything more than being a sacrificial pawn.
Wallace stands to gain only a few tens of thousands of dollars in his illicit stalking of GOSY. MacLeod is working to save his own life from the forces of evil that he has enlisted with the promise of large monies to be made on the MASSIVE NAKED SHORTING of GOSY.
Wallace is MacLeod's stooge, tool, shill, sock puppet and is so desperate for MacLeod's approval that he does not realize that MaeLeod has already screwed him when he conned Wallace into forging his signature on DE court docs, and THEN not personally appearing while leaving Wallace holding the bag.
So while Wallace has proclaimed he is judgment proof, he is in complete denial that MacLeod is far, far more concerned with saving his own life from the international Mafiaso hedge funds that he has conned into MASSIVELY NAKED SHORTING of GOSY stock.
Poor Wallace. MacLeod spins Wallace up like a willing stooge and then deflects Wallace's concerns about being left holding the bag by insisting that crashing GOSY will solve all Wallace's issues. MacLeod seems to have no problem with Wallace "taking the fall" and going to prison for the rest of his life for Criminal RICO.
Look at how stupid and utterly self-defeating it is for Wallace to condemn GOSY and work to keep GOSY's stock price down.
All that does is make it harder for GOSY to settle with Wallace due to lack of funds.
How is that in Wallace's best interests?
It is NOT.
It is in MacLeod's best interest since he is morbidly obese, has gasket popping high blood pressure, and his Mafiaso buddies able to find him ANYWHERE in the world?
So of course MacLeod lies to Wallace CONSTANTLY. Desperate for approval and to be "one of the guys," Wallace believes MacLeod. Wallace says that is all he has ever wanted...
So when will MacLeod POP a gasket?
When GOSY announces revenues and the pps sees a sustained run upward.
Of course they argue that will never happen. When is does, being real, REAL FAT with gasket popping blood pressure will be the LEAST of MacLeod's worries.......
Desperation is an understatement for MacLeod's situation. Didn't MacLeod abandon a nice home in FL to foreclosure because he had to get out of the US NOW?
What drives MacLeod nuts here? Since GOSY has real tech, huge markets and competent management, despite his mastery as a chess player, he has been stymied FOUR times in driving GOSY's pps to the basement.
Is this gasket popping time for MacLeod? I would sure be looking for a way out of his mess with the Mafiaso...
Maybe if MacLeod can con Wallace just a little bit more....
What will come of Wallace when MacLeod poof, disappears?
DISASTER.
Is Wallace the biggest fool here for being a tool, stooge, pawn, shill for MacLeod?
Probably....
Is this why George Iveagh MacLeod celebrates his manipulation of Wallace in getting Wallace to falsely accuse Spencer in VA?
It is intuitively obvious to this casual observer that Wallace and MacLeod have conspired to damage GOSY for some years now.
This URL is very insightful:
http://www.geckosystems.com/W_W_W
Yes, it got hot in the GOSY kitchen and MacLeod bailed on Wallace since Wallace is MacLeod's tool, shill, sycophant, pawn, BFF(?), stooge and/or sock puppet. Wallace denies that his BFF has abandoned him and screams at the night:
"It ain't so 'cause I say it ain't so!"
Welcome to the Weird World of Wallace!
Lots of opinion here, but....
Facts be facts-
Mech
This will be a big help in negotiating with Pride et al:
Spencer has an excellent, professional business education:
As predicted by me numerous times:
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
kezzek, it is true that Wallace...
...would rather punish eg. a disabled WWII veteran by incarcerating him in a stinking, bankrupt FL nursing home than let him stay at home with a CareBot?
And enable the loving family members to look in on grandpa on an as needed basis?
And interact socially with them several times a day using the CareBot's onboard webcam, monitor, microphones, and speakers for a "virtual visit?"
Social interaction is very important for the elderly to live longer. Family and friends can visit grandpa and see how they are doing and chat with them a bit. This is in home teleconferencing.
So Family First is not important?
How could anyone promote incarcerating eg. a disabled WWII veteran father and punish him by forcing him to endure the loss of dignity, privacy and independence, just because they are hated?
Even total strangers should be given the first opportunity to stay out of disgusting, degrading, dehumanizing nursing homes simply because they are NOT "family?"
Wow, if my elderly father was eg. a disabled WWII veteran, I would be putting Family First and certainly include him in the upcoming CareBot beta trials!
Those that don't put Family First will probably NEVER purchase a CareBot, so why beta test with folks that believe their eg. disabled WWII veteran father deserves to be institutionalized (punished?) in a smelly, bankrupt nursing home?
They'll probably give dear ol' dad, eg. a disabled WWII veteran, a wave of the hand as they abandon them to a short and sorrowful end of life in a bankrupt nursing home with a "smartphone" to watch over them.
BTW, why does recently passed FL law allow families to place webcams in their parent's room? TO PREVENT ELDER ABUSE.
Ever seen a black and blue tortured grandpa?
Horrifying for anyone with any Family Values at all!
I feel sorry for those that do not honor their parents.
GeckoSystems is right on putting Family First.
Protecting their privacy is critical to honoring them.
Don't you agree?
mo-
Mech
Some big naked shorts slamming GOSY today.
did 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 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 Wallace's and MacLeod's depravity.
again, that URL is:
http://geckosystems.com/W_W_W/
sorry to learn that 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 Wallace and MacLeod are celebrating their partnership in the massive naked shorting of gosy yesterday-
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/
Mech
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
did 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 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 Wallace's and MacLeod's depravity.
again, that URL is:
http://geckosystems.com/W_W_W/
sorry to learn that 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-
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/
Mech
Over 120 public videos of CareBots in action!
4 videos here in public venues:
http://www.geckosystems.com/timeline/?year=2011
4 eldercare alpha trial videos:
(Some with elderly family members, now deceased. The family members were never in assisted care or nursing homes, but allowed to stay at home with dignity and privacy. Family is always first with GeckoSystems. Most folks consider "family first," too.)
http://www.geckosystems.com/timeline/?year=2010
18 videos here in public venues:
http://www.geckosystems.com/timeline/?year=2009
http://www.geckosystems.com/timeline/?year=2007
12 videos here in public venues:
http://www.geckosystems.com/timeline/?year=2006
5 videos here in public venues:
http://www.geckosystems.com/timeline/?year=2005
16 videos here in public venues:
http://www.geckosystems.com/timeline/?year=2004
60 videos here in public venues:
http://www.geckosystems.com/timeline/?year=2003
http://www.geckosystems.com/timeline/2002/images/DCP00216.jpg
http://www.geckosystems.com/timeline/2001/images/DCP00206.jpg
http://www.geckosystems.com/timeline/2000/images/Pow%20Wow%20photo%2002.JPG
http://www.geckosystems.com/timeline/1998/images/imageFPK.JPG
Over 100 videos in public venues viewed by non GOSY affiliates, authenticating the reality of GOSY's world class "mobile robot solutions for safety, security, and service."
No joysticks, no "man behind the curtain," and no "staged" demonstrations!
Facts be facts-
Is this ZMP evaluating GOSY's BaseBot?
This will be a big help in negotiating with Pride et al:
Spencer has an excellent, professional business education:
Here's a list of the tech GOSY has invented over the last 15 years with only $1.7M in cash:
GOSY's GeckoNav is very extraordinary!
From my careful reading of their website I have learned that their AI navigation software is 5-6 times faster than a jet fighter pilot and runs on low cost, low clock X86 CPU's.
http://geckosystems.com/high_level/geckonav.php
This is indeed a paradigm shift!
Great breakthrough by GOSY!
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?
http://investorshub.advfn.com/uimage/uploads/2012/8/1/gfsxxHA!_HA!_HA!.gif
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 the IP has little or no value.
That reality definitely undervalues GOSY's IP!
All MBA's are familiar with algebraic analyses such as Discounted Cash Flow (DCF). They will understand, like Spencer does, that the present market cap for GOSY has virtually no connection to the NPV of their tech. There is NO simple arithmetic in grad b school.
Good thing for GOSY's stockholders that Spencer has that skill set and experience.
Wonder how many C level MBA's Pride has?
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?
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
Financial 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 the IP has little or no value.
That reality definitely undervalues GOSY's IP!
mo-
Mech
did 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 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 Wallace's and MacLeod's depravity.
again, that URL is:
http://geckosystems.com/W_W_W/
sorry to learn that 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 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/
Mech
GOSY's tech gives it "first mover" opp!
Here's a list of the tech they have invented over the last 15 years with only $1.7M in cash:
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
So Wallace's wife left him due to GOSY?
Because "flyash" Wallace refused to acknowledge that his obsession with GOSY and the Spencers -- and now Nelson -- 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
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
Simple, it's only a material event in the...
Weird World of Wallace.
http://www.geckosystems.com/W_W_W
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
Guess you haven't seen GOSY's DE attorney's brief?
Here you go:
http://geckosystems.com/W_W_W/Notice_of_Appeal-stocksale.pdf
http://geckosystems.com/W_W_W/Brief_for_appeal_of_stock_sale.pdf
Over 120 public videos of CareBots in action!
4 videos here in public venues:
http://www.geckosystems.com/timeline/?year=2011
4 eldercare alpha trial videos:
(Some with elderly family members, now deceased. The family members were never in assisted care or nursing homes, but allowed to stay at home with dignity and privacy. Family is always first with GeckoSystems. Most folks consider "family first," too.)
http://www.geckosystems.com/timeline/?year=2010
18 videos here in public venues:
http://www.geckosystems.com/timeline/?year=2009
http://www.geckosystems.com/timeline/?year=2007
12 videos here in public venues:
http://www.geckosystems.com/timeline/?year=2006
5 videos here in public venues:
http://www.geckosystems.com/timeline/?year=2005
16 videos here in public venues:
http://www.geckosystems.com/timeline/?year=2004
60 videos here in public venues:
http://www.geckosystems.com/timeline/?year=2003
http://www.geckosystems.com/timeline/2002/images/DCP00216.jpg
http://www.geckosystems.com/timeline/2001/images/DCP00206.jpg
http://www.geckosystems.com/timeline/2000/images/Pow%20Wow%20photo%2002.JPG
http://www.geckosystems.com/timeline/1998/images/imageFPK.JPG
Over 100 videos in public venues viewed by non GOSY affiliates, authenticating the reality of GOSY's world class "mobile robot solutions for safety, security, and service."
No joysticks, no "man behind the curtain," and no "staged" demonstrations!
Facts be facts-
Is this ZMP evaluating GOSY's BaseBot?
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?
http://investorshub.advfn.com/uimage/uploads/2012/8/1/gfsxxHA!_HA!_HA!.gif
mo-
Mech
Financial 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 the 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
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=83852954
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