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I do not believe 25-30 cents pps is a crime,
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I consider it delusional, irrational, dumb and counter-intuitive in the nearterm. But not a "crime."
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Crimes are what Wallace and MacLeod have done to GOSY's stockholders. Those that are stockholders, or probable future stockholders, would care. Those that have shorted GOSY and only post to hold the price down, probably celebrate the alleged criminal activities of them to hold GOSY's pps down.
Thanks for the clarification!
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Hard for me to believe that anyone that expects to buy GOSY for 3-5 cents and sell for 25-30 cents (with a market cap of $150M) would be indifferent to Wallace and MacLeod having cost GOSY stockholders many millions of dollars.
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I sure have an opinion!
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That explanation, if true, really sucks!
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Good luck to all that expect to buy GOSY high and then sell higher!
Like I have said many times,
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Those that don't understand the value of GOSY's tech and the huge markets in Japan and elsewhere, will never be satisfied until GOSY has a market cap of $150,000,000.
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Now that expectation, imho, is completely irrational!
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ROTFLMAO-
Spencer has already tweeted the "good news" a few days ago.
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Going to be interesting to see your investment strategy of buying high and selling higher works. Doubt that GOSY gets to 3-4 cents on this news. Really anxious to see how waiting to buy GOSY at 3-4 cents to sell at 25-30 cents works. Seems to me that a $150M market cap is unlikely for GOSY in the near term. But some believe that delusion.
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Spencer tweeted that:GOSY demo'ed their world leading Safepath real time sense and avoid of moving obstacles to the winner of Softbank's Pepper robot software contest!
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Softbank sold 1,000 Pepper robots in the first minute of online sales! But the Pepper has many serious deficiencies and GOSY's SafePath tech can fix them. Otherwise, the Pepper doesn't do much at all.
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HUGE opp for GOSY!
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Hopefully Wallace and MacLeod won't interfere with this latest opp for GOSY like they have 4-5 times in the last 6-7 years.
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Of course! And a Balance Sheet, too!
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All posted as is required for Current Information at OTC Markets.
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Maybe in Russia, or other 2nd or 3rd tier countries, a PR can be an Income Statement. Is that the case in the country in which you live? PR's can be company financials?
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Not under US GAAP, though. The US has the most sophisticated economy in the world as we all know.
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Hope this helps-
"How are they still able to interfere with GOSY deals when they no longer represent the co.?"
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Illegally, ClearDeal, Illegally.
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Wallace is an attorney that uses his legal education to corrupt due legal process to extort monies not legitimately owed him from GOSY and the Spencers.
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Some say that Wallace is a sociopath and is obsessed with ruining Spencer since Spencer fired him from GOSY 7+ years ago for incompetence and generally poor performance.
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Pretty disgusting that this duo has cost GOSY and its hundreds of stockholders millions of dollars.
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Don't you agree?
"Where is the huge ongoing profits for 2014?"
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That's why I keep asking posters here about if they had heard the same rumors that I had about Neil Wallace and George MacLeod. Rumor has it that they have interfered in many GOSY deals, not only in Israel, but also in Japan and China! This pair of international con artists have cost GOSY and its stockholders tens of millions of dollars! I've heard many times that it's some kind of mafia inspired protection racket and/or extortion scheme of pay us or we will stalk with lies on the Internet and ruin your business!
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What have you heard, QuickDeal?
Of course you are right! All stocks of all companies, like GOSY, selling in OTC Pink have unaudited, unverified financials and PR's.
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Guess not all potential, someday, but probably never, investors understand that reality for all OTC Pink stocks like GOSY.
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Hope this helps!
Of course!
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That $200K represents a 30%+ of gross revenues as net profit after taxes. Most companies never due more than 15-20%. Huge is a relative term. A 30% net net is 100-133% greater profit than only 15-20%. That means huge as compared to lower levels of ROI.
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Accounting is pretty complex at times, for sure!
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Hope that helps!
"We are living on different planets, on my side, if the money can't cover the costs & liabilities, its not call a profit."
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Yes, we are.
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I understand US GAAP and that gross revenues minus all expenses equals net profit before taxes. That's what the PR states clearly to those with the willingness and sincere interest to read correctly.
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Sorry I have been unable to educate anyone here about basic accounting income statement fundamentals and how that applies to GOSY's financials. In my admittedly limited experience, that is what is learned in Accounting 101 by those that have any business education whatsoever.
"...no deals history of GOSY..." ?? Really?
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Guess you missed this PR:
GeckoSystems, an AI Mobile Robot Co., Reports First Net Profits
CONYERS, GA, May 19, 2013 -- GeckoSystems Intlernational Corporation (Pink Sheets: GOSY | http://www.geckosystems.com/) is pleased to announce that due to the licensing agreement recently reached, the company forecasts a net profit for the 4th quarter of their fiscal year ending June 30. For over fifteen years GeckoSystems has dedicated itself to development of "Mobile Robot Solutions for Safety, Security and Service™"
GeckoSystems is forecasting revenues of $200,000 or more before June 30, 2013. This forecast revenue results from the international joint venture licensing agreement that is now finalized. GeckoSystems believes that as a result of the due diligence performed by the joint venture partners
and the technical and business experience backing the new company, this long sought after agreement provides irrefutable proof of the value of GeckoSystems technology.
"It's taken sixteen years to get us to this point;" reflected Martin Spencer, President and CEO of GeckoSystems International Corporation, "sixteen years and many dedicated engineers and programmers whose goal was to help people live better, more independent lives. We've done a great deal of R&D, testing, market research and business-to-business promotion and now we feel that we have the best and most marketable robotic platform on the market. Our fully autonomous navigation is unequaled as to cost and benefits."
http://geckosystems.com/investors/press_releases/20130521_GeckoSystems_Reports_First_Net_Profits.php
Hope this helps!
Thanks for clarifying how you expect to get your desired risk/reward ratio!
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Many investors prefer low risk/low reward of only 300-400%.
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Those that understand the value of GOSY's tech and bought at $.0007, have already seen 500% increase. Those that don't understand the value and market for the tech, tend to sit on the sidelines and whine about no profits, when there has been!
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BTW, in no way did I misquote you, imo-
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Your expectation of GOSY at $.30 pps would put GOSY at a market cap of $150,000,000+ in the near term. No one, not even Goku, believes that is going to happen in the next few months. Goku seems to be investing for the long term, not "day trading" on the pops from "good news."
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So good luck buying at $.03 to .04 and selling at $.30+ anytime in the near future!
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Again, since it is routinely rumored that GOSY has been less than a penny for some years due in large part to Neil Wallace and George MacLeod interference in GOSY's business and hundreds of lies about GOSY and the CEO and Spencer on the internet, is that why you have invested nothing in GOSY to date since their activities, not GOSY's lack of huge ongoing profits that has the pps artificially depressed?
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All stock markets are a gamble! The OTC is the biggest, most speculative stock exchange of all in the US. That's why companies, like GOSY, can be 100 baggers (10,000%) when you never see much more than 3 or 4 baggers on the more pronounced exchanges.
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Sorry, but in OTC land no such thing as no gamble, no risk, and yet 700% appreciation. It's all about risk/reward ratio. Many European investors never do understand that reality.
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BTW, most folks that want no risk in their investments, buy US Treasury T-Bills and do not waste their time whining about how OTC stocks should have great fundamentals. Any stock with great fundamentals NEVER trades on the OTC, but on Amex, Nasdaq, NYSE, etc. So Pinkie land may not be the best place for any investor looking for "pretty" financials. Why would they waste their time here posting about stocks like GOSY?
Thanks making it clear that it is ill advised, in your opinion, that no one should ever invest in stocks, like GOSY, selling for less than a penny.
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Since it is routinely rumored that GOSY has been less than a penny for some years due in large part to Neil Wallace and George MacLeod interference in GOSY's business and hundreds of lies about GOSY and the CEO and Spencer on the internet, is that why you have invested nothing in GOSY to date?
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In the US, there was the Crash of 2008. Many companies collapsed. For example, all GM stockholders were wiped out due to bankruptcy. GOSY survived that Crash and still has hundreds of stockholders that did not get wiped out at all. GOSY still has great tech and a very significant future due to the huge markets before it. Generally something is better than nothing.
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When GOSY is 4-5 cents a share due to significant earnings announcement, that is too late to buy. But anyone that wishes to wait, can do that, for sure.
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Hope that clarifies that waiting for GOSY to go up, and then buying is not how many people make any money trading stocks. Generally folks buy low and sell high. Not buy high and then wait to sell higher.
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Hope this helps!
Actually not, the GOSY PPS is up 500% over it's lows from when Wallace and MacLeod were constantly braying about GOSY and its CEO being no good.
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What do you recall the lowest PPS for GOSY being?
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Was I able to help you in differentiating between Net Profit being reported on the Income Statement and not on the Balance Sheet per US GAAP?
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Hope so!
Sure it did, QuickDeal-
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Those familiar with US GAAP know that Net Profit is reported on the Income Statement, not the Balance Sheet that those that are ignorant regarding US GAAP may confuse with the Income Statement.
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Hope that helps!
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So you have heard nothing about the infamous George MacLeod and Neil Wallace?
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Wallace's and MacLeod's long time interference with GOSY's business is a big topic on other GOSY message boards is why I ask.
"What did I miss?" you ask QuickDeal?
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First GOSY's PR headline says Net Profit. Was Spencer lying?
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Second, GOSY's financials for that time period say Net Profit. Was Spencer lying?
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Third, like most folks that don't get the value of GOSY, it is easy to use "lies, damn lies, and statistics" to unfairly represent the value of GOSY.
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Here's what is easily missed by those unfamiliar with the flaws in GAAP:
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In the EU, all of GOSY's R&D would be 50% capitalized as an asset on GOSY's Balance Sheet. That would be valuation of GOSY's tech on the BS. In the US, no percent of R&D can be capitalized.
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Like I said earlier, unless one understands Net Profit in PR headlines, Net Profit in financials, and GAAP and its flaws, then one deliberately misses the Big Picture due to those deliberate misrepresentations of fact.
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BTW, what rumors have you heard about Neil Wallace and George MacLeod activities regarding their manipulation of GOSY's stock price by constantly creating doubt about GOSY's tech and probability of future revenues? I have heard that MacLeod left the US and is hiding in the UK due to his scams in the US with Wallace and others. Curious if you have heard anything-
Again, you are right, QuickDeal!
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That $7.6M loss was accumulated over the 15+ years previous "inventing" the tech that enabled the net profit of $460K+.
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Your quote of cash on hand did not include all the Current Assets. Easy mistake if not familiar with GAAP, so no biggee that you made that mistake, imo-
You're right QuickDeal!
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Instead of net profits of about $200K in the PR, it was over $560K in their financials!
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Thanks for the great catch!
GOSY reported Net Profits in 2013 here:
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Many consider the absence of good to be evil.
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So anyone that puts money before good, like GM deciding that "fixing" their flawed ignition switches cost too much and would reduce stock dividends, did "fail" to do good and now that evil coverup is costing shareholders hundreds of millions of dollars.
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In the wrong hands, GOSY's advanced AI mobile robot tech could be used to "automatically" hunt down and kill humans. That is why GOSY has never solicited government defense business.
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Those that place "earnings" above all else should invest in Halliburton who's primary business is "death squads," not GOSY-
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imo-
You're right, Xena. This kind of unbridled greed,
Not strange at all, imho-
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Understood that E=mc^2 had no value, despite ending WWII since electric power generation from nuclear fission and revenues did not occur for some years.
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BTW, the tech that got us to the moon has no value either since no net profits there? LOL-
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imo-
Rumor is that Wallace contacted Roy Daya directly and told him that he had Israeli counsel retained to collect monies from Daya Robotics due to GOSY. Only a rumor, but Wallace was known to be working with a George MacLeod, Greg Stone, and others, so not one person here.
You're welcome for the explanation, but the proprietary AI tech GOSY has developed is of no value in your opinion? In the EU it would be on the Balance Sheet as a long term asset of $4M+. Under US GAAP, "0."
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Like I said, most don't understand the import of WCET. Thanks for making my point, again.
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As to the Daya deal, rumors posted on other message boards are that Neil Wallace poisoned that deal, and several others.
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What have you heard about Wallace and GOSY?
Unless one understands the importance of WCET in mobile robotics, one would no doubt make the following statement:
Brilliant article by Merce' Gamell on the Pepper robot:
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Pepper is Getting Ready
...but for Pepper to find its place in the home it will have to show that it is different and will have to demonstrate how its unique ability to recognize emotions from human gestures and tones of voice will be usefully applied in the domestic sphere.
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http://www.arisplex.com/analysis/pepper-is-getting-ready/
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Seems that GOSY has that addressed without spending $200M like Softbank has so far-
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Only $8M invested to do more, better than Softbank/Adebaran, imo-
Softbank's Pepper has several serious flaws:
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Pepper is Getting Ready
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That GOSY has the advanced, proprietary AI tech to "fix."
Since I do understand that AI software is what GOSY has, you can be very sure I have a good bet on this CEO and company!
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GOSY is a 100 bagger, easy. Without risk, there can be no great reward. Some only invest when a 2 bagger, not me!
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imo-
Just to be clear, great profits is no results-
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The licensing deal and profits from Daya Robotics don't count.
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Got it!
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imo-
Years of no profit for GOSY? Not according to this PR:
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GeckoSystems, an AI Mobile Robot Co., Reports First Net Profits
CONYERS, GA, May 19, 2013 -- GeckoSystems Intlernational Corporation (Pink Sheets: GOSY | http://www.geckosystems.com/) is pleased to announce that due to the licensing agreement recently reached, the company forecasts a net profit for the 4th quarter of their fiscal year ending June 30. For over fifteen years GeckoSystems has dedicated itself to development of "Mobile Robot Solutions for Safety, Security and Service™"
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http://geckosystems.com/investors/press_releases/20130521_GeckoSystems_Reports_First_Net_Profits.php
Sorry I misidentified the poster, but thanks for making my point that folks generally don't understand the importance of AI software for mobile service robots to be useful, at all-
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most folks just don't understand that mobile robots are mostly software centric to be useful, just like PC's-
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imo, of course
Xena didn't say that at all!
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Let me explain using a metaphor.
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PC's do nothing without the right software.
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Personal robots can do nothing, either, without the right software.
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GOSY is an artificial intelligence software company focused on solutions for mobile service robots, like the Carebot-
imo-
This would be one theory:
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GOSY was not chosen. Looks like their tech is not so hot as they claimed it to be.
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My theory would be that the lies of Neil Wallace and his numerous meritless suits against GOSY and the Spencers have interfered with GOSY. I have been told by those that I have no reason to not believe that Wallace directly interfered with the Daya Robotics deal.
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So despite the tech being great, Wallace has deliberately placed a cloud over GOSY despite his parents holding several millions of GOSY shares. Doesn't seem rational to me-
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Nor does George MacLeod working with Wallace make sense to me-
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IMO, of course-
Absolutely, many, many others!
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Lots of long time investors in the UK. For example, George MacLeod, an internationally famous financier and business partner of another major stockholder, Neil Wallace. MacLeod lives in London now, has a huge and long time position with GOSY. Over 1300+ investors according to GOSY's last PR!
GeckoChat is superior to the Pepper in many ways-
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Verbal interaction can be easily customized by the family.
It can do scheduled medication reminders, etc.
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More info here:
http://geckosystems.com/high_level/geckochat.php
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The Pepper seems to not be any kind of a home appliance that has any utility since it can't move safely around rooms, etc.
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What good is an entertaining robot if it can't automatically, safely follow elderly around?
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I think the Pepper has some serious flaws and not ready for prime time. Despite all the hype from Softbank.
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The Carebot is the real deal, IMO.
Spencer tweet earlier today posted on Yahoo! GOSY Message Board:
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Heard from our SEC atty late y'day. Had a few loose stitches/minor omissions- Now sending rev to him. $GOSY should go OTC Current Info soon!
Posted previously about GOSY's probable focus and take on things:
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Couple economic realities here despite all the hype about "driverless, selfdriving" cars, etc.
First, no auto manufacturer is much interested in outsourcing tech required for them to be competitive. That is why you see virtually no auto makers talking anywhere about partnering with any mobile robot company.
"If" GOSY were to license to the automotive industry, while exciting, that would be only a few tens of millions in revenues in 10-15 years or so.
GOSY should see tens of millions in revenues in the next 3-5 from their new home appliance for family enrichment, the CareBot. The CareBot is now being advertised in GA for only $200 per month.
So the greatest ROI for GOSY investors is not in driverless anything, but in consumer mobile robots and within the exploding mobile service robot industry.
No automaker is going to pay any AI robot software company tens of millions of dollars in the near term.
Nissan invited GOSY in. GOSY does not solicit, and shouldn't be soliciting "driverless" folks since there is more to be made sooner in consumer home appliance, professional healthcare, and commercial security.
This in not a "self driving" truck except in very limited circumstances. Just more hype since it has no real time sense and avoid capability for moving and/or unmapped obstacles. I am basically quoting from my read of Spencer's @GrandpaRobot's tweets earlier today:
"Actually, .@innovations since no real time obstacle sense/avoid only sorta semi #selfdrive truck. #autonomousdriving on a continuum, not Y/N"
Who do you believe would be the best point of contact for GOSY?
GOSY has never said they have any European reps, just Japan/China-
Couple economic realities here despite all the hype about "driverless, selfdriving" cars, etc.
First, no auto manufacturer is much interested in outsourcing tech required for them to be competitive. That is why you see virtually no auto makers talking anywhere about partnering with any mobile robot company.
"If" GOSY were to license to the automotive industry, while exciting, that would be only a few tens of millions in revenues in 10-15 years or so.
GOSY should see tens of millions in revenues in the next 3-5 from their new home appliance for family enrichment, the CareBot. The CareBot is now being advertised in GA for only $200 per month.
So the greatest ROI for GOSY investors is not in driverless anything, but in consumer mobile robots and within the exploding mobile service robot industry.
No automaker is going to pay any AI robot software company tens of millions of dollars in the near term.
Nissan invited GOSY in. GOSY does not solicit, and shouldn't be soliciting "driverless" folks since there is more to be made sooner in consumer home appliance, professional healthcare, and commercial security.