This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

GeckoSystems, An AI Mobile Robot Co., Reports First Net Profits

CONYERS, Ga., May 21, 2013 /PRNewswire/ -- GeckoSystems International Corp. (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(tm)."

GeckoSystems is now forecasting revenues of $200,000 or more before June 30, 2013. This forecast revenue results from the international Joint Venture (JV) licensing agreement recently finalized.  GeckoSystems believes that as a result of the due diligence performed by the JV partners and the technical and business experience backing that company, this long sought after licensing agreement provides irrefutable proof of the value of GeckoSystems technology.

"It's taken nearly 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, alpha 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."

Spencer continues: "We have always believed that Mobile Service Robots (MSR's) have incredible potential for the benefit of humanity in general, but we are especially dedicated to improving the ability of families around the world to take care of their own, their children, the disabled, and the elderly.  This licensing agreement and its impact on the profitability of GeckoSystems marks the transition from the pre-revenue Development Stage to the revenue producing, now profitable, Emerging Growth stage.  This first joint venture has made us profitable for this quarter.

1 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs