Suddenly, GeckoSystems Intl. Corp. (PINK:GOSY) broke up the climb. Yesterday, the stock lost 5.81% of its price, while its 
traded volume flew over 21 million shares. Though, the reason for the fall is still unknown.
During the past few days, GOSY has released several positive announcements on its activities, however, these failed to pump up the stock price. The latest news came up yesterday when the company reported that they applaud multi-national electronics giant Panasonic’s recognition of the need for utilitarian mobile service robots to assist Japan’s rapidly growing elderly population.
Yet, it wasn’t only the news that was meant to support GOSY stock price. Yesterday, it was accompanied by promotions worth $25,000 in total.
To be precise, it was not the first time when GOSY got pumped up by stock alerts. Last month, it was promoted a few times, though the price jumps lasted shortly.[BANNER]
GeckoSystems International Corp. develops and supplies mobile robot solutions for safety, security, and service to the consumer, business, and government markets. The company is not registered with the SEC and has thus chosen to disclose financial information over the OTC Disclosure and News service.
According to its semi-annual report for 2011 year end, GOSY had around $5,000 in cash and $356,000 in total assets, while cumulative revenue during the development stage of $22,328 resulted in a loss of over $8 million.
Apparently, despite the number of press releases and promotions, the company remains in a development stage until it gets profitable.
