SOURCE: GeckoSystems Intl. Corp.

September 03, 2010 09:52 ET

GeckoSystems Releases Statistics Further Substantiating Naked Shorting Activities

CONYERS, GA--(Marketwire - September 3, 2010) -  GeckoSystems Intl. Corp. (PINKSHEETS: GCKO) revealed today further analyses depicting the level of naked shorting of GCKO stock. GeckoSystems is a dynamic leader in the emerging mobile robotics industry revolutionizing their development and usage with "Mobile Robot Solutions for Safety, Security and Service™."

GeckoSystems' CEO wants to set the record straight for shareholders regarding the current situation of its stock. It has come to our attention that in recent weeks and months that GCKO stock has been massively shorted. However, as a company, we cannot do much directly about the shorting of our stock aside from reporting it to FINRA and/or the SEC.

Nonetheless, in the last month, on the same date, GeckoSystems management secured lists from Broadridge and The Depository Trust & Clearing Corporation (DTCC) that quantify how many GCKO shares are held by which brokers and/or clearing houses. Unless naked shorting is occurring, the quantities of stock held by the brokerages should be the same, or nearly so, from both Broadridge's "NOBO" list and DTCC's "SPR" list.

DTCC, through its subsidiaries, provides clearance, settlement and information services for equities. Broadridge provides mission-critical products and services for securities processing, clearing & outsourcing, and investor communication.

The eight brokerages/clearing houses holding the most GCKO shares for clients on this same date last month were:

Brown Brothers/Harriman (NOBO: 500,000; SPR: 3,744,357),
Charles Schwab (NOBO: 9,327,536; SPR: 9,979,476),
E*Trade (NOBO: 12,719,363; SPR: 12,859,605),
National Financial Services (NOBO: 11,593,340; SPR: 11,714,740),
Penson Financial (NOBO: 8,345,263; SPR: 8,497,990),
RBC Capital Markets (NOBO: 8,190,646; SPR: 6,269,446),
Scottrade (NOBO: 14,401,790; SPR: 15,018,489),
and TD Ameritrade (NOBO: 18,694,690 ; SPR: 21,738,670).

A cursory perusal reveals that five of the foregoing are "pretty good." The other three depict significant differences in their GCKO holdings to Broadridge and DTCC. Some GCKO investors may wish to notify their broker to place their GCKO stock on their "no loan" list to coerce their brokerage into not using their personally held GCKO shares for any shorting whatsoever of GCKO stock.

We will continue to do everything in our power to be completely, but prudently, transparent with our shareholders.

BUYINS.NET, who provides Regulation SHO compliance monitoring, short sale trading statistics, and market integrity surveillance coverage, reports, the average percentage of the daily volume being shorted lingers in the 35%. The total aggregate number of shares shorted since August 2009 is approximately 138.4 million shares. The SqueezeTrigger price for all (PINKSHEETS: GCKO) shares shorted is $0.022. The next short squeeze will begin when GCKO closes above $.0133, where approximately 17.63 million shares have been shorted between $.01 and $.0133.

"We have worked very hard for many years to provide a high quality investment vehicle with ready liquidity and transparency for our hundreds of investors. We secured our trading symbol by satisfying FINRA's 15c-211 requirements in September of 2007. We secured DTC eligibility for electronic trading in January of 2008 and became a DRS participant in July of 2009 to further ensure and enhance that liquidity. Now, we again report results from this stock market analytic firm renowned for its demonstrable success in routinely and reliably identifying, with statistical substance, those market-makers engaged in the naked short selling of stock contrary to the SEC's Regulation SHO. 

"We are very pleased to continue to provide this heightened level of transparency to our present GCKO stockholders and other prospective investors. As we continue to effectuate our corporate policy of providing stockholders heightened liquidity and transparency, this provides our stockholders an enhanced view of the market's activity in GCKO trading and probable greater ease in their purchases and sales of GCKO stock. We wish to communicate to our hundreds of stockholders that this greater transparency and efficiency in the marketplace for our stock as a BUYINS.NET subscriber may further enhance the value of GCKO stock and increase ROI for them. Some investors may view the present GCKO share price to be artificially depressed due to the ongoing and significant naked shorting of GCKO shares," opined Martin Spencer, President/CEO, GeckoSystems.

In the past 2 months, the company has partnered with Sprint and one of the largest elder care robot companies in Japan, Business Design Laboratory Co., Ltd. (BDL). The company anticipates major company announcements in the immediate future. GCKO is poised to break through the biotech sector as the leader in elderly robot care.


BUYINS.NET, , monitors trading in all US stocks in real time and maintains massive databases of short sale and naked short sale time and sales data, short squeeze SqueezeTrigger prices, market maker price movements, shareholder data, statistical data on earnings, sector correlation, seasonality, hedge fund trading strategies, comparable valuations. Reports include:

Regulatory & Compliance News

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RegSHO Naked Shorts -- tracks EVERY failure to deliver in all US stocks and tracks all Threshold Security Lists daily for which stocks have naked shorts that are not in compliance with Regulation SHO.

Investments & Trading

SqueezeTrigger -- 25 billion cell database tracks EVERY short sale (not just total short interest) in all US stocks and calculates volume weighted price that a short squeeze will begin in each stock.

Earnings Edge -- predicts probability, price move and length of move before and after all US stock earnings reports.

Seasonality -- predicts probability, price move and length of move based on exact time of year for all US stocks.

Group Trader -- tracks sector rotation and stock correlation to its sector and predicts future moves in ALL sectors and industry groups.

Pattern Scan -- automates tracking of every technical pattern and predicts time and size of move in all stocks.

GATS (Global Automated Trading System) -- tracks all known trading strategies and qualifies and quantifies which are working best in real time.


BUYINS.NET is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. GeckoSystems has paid no stock, directly or indirectly, but cash only, to purchase the foregoing analyses to provided in daily and monthly reports. Please visit their web site, , for complete risks and disclosures.

About GeckoSystems Intl. Corp.:

Since 1997, the Company has been market driven. The Company's "mobile robot solutions for safety, security and service™" are appropriate not only for the consumer, but also professional healthcare, commercial security and defense markets. Professional healthcare require cost effective, timely errand running, portable telemedicine, etc. Homeland Security requires cost effective mobile robots to patrol and monitor public venues for weapons and WMD detection. Military users desire the elimination of the "man in the loop" to enable unmanned ground and air vehicles to not require constant human control and/or intervention.

The Company's business model is very much like that of an automobile manufacturer. Due to the final assembly, test, and shipping being done based on geographic and logistic realities; strategic business-to-business relationships can range from private labeling to joint manufacturing and distribution to licensing only.

Several dozen patent opportunities exist for the Company due to the many innovative and cost effective breakthroughs embodied not only in GeckoNav, GeckoChat, and GeckoTrak, but also in additional, secondary systems that include: GeckoOrient™, GeckoMotorController™, the GeckoTactileShroud™, the CompoundedSensorArray™, and the GeckoSPIO™.

The present senior management at GeckoSystems has over thirty-five years experience in consumer electronics sales and marketing and product development.

GeckoSystems is the first mobile robot developer in the world to begin actual in-home eldercare robot evaluation trials.

Safe Harbor:

Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the Safe Harbors created thereby. The Company is a development stage firm that continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.

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