GeckoSystems Intl. Corp. (PINK:GOSY) traded again on huge volume yesterday but the share price remained within the established trading range. Today, trading will be affected by a promotional campaign and a somewhat meaningless press release from the company. 
The last trading session closed with a 11% increase in GOSY share price to $0.01, while the share turnover was high above the average with over 2.27 million traded shares. There is no particular reason for the intensive trading activity yesterday, unless some traders were aware that the stock is about to get a new promotion any time.
There is one promotional e-mail on GOSY so far, but its disclaimer reveals impressive details. According to it, the promoter that prepared and distributed the favorably biased profile of GeckoSystems received up to $100,000 for a one-day awareness campaign.
GOSY is not registered with the SEC and has thus chosen to disclose financial information over the OTC Disclosure and News service. In a semi-annual report available there, GOSY presents itself as a developer of mobile robot solutions incorporated in late 1997, yet still in the development stage.
As of end-December 2011, the company 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.
Obviously, GOSY has not had that much of success in selling its developments, yet today the company issued another press release reminding about its latest marketing initiative – the partnership with ZMP Inc. of Japan to work on some mobile robotics projects. It is yet to see if there will be any positive reaction to the reported “progress” on the ZMP project, and to the launched promotional campaign.
