Sunday, September 4, 2011

StockGoodies New Stock in Focus - First Corp. FSTC - Due Diligence

StockGoodies Stock in Focus $FSTC - First Corp. due diligence

About First Corporation

First Corporation was incorporated under the laws of the State of Colorado on December 27, 1995. The Company's activities to date have been limited to organization and capital formation.

First Corporation aims to acquire the 10% equity interest in Gecko Landmarks Ltd. subject to regulatory compliance. Under the terms of the Letter of Intent, First Corporation has an option to purchase an additional 23% equity interest within six months of closing date of the initial investment.

Gecko SMS - with location

Gecko SMS is a free application available for Android phones in the Android Market.

It is a messaging application made by Gecko Landmarks Ltd.

For more information, please see the description in Android Market and the Gecko SMS blog.

About Gecko Landmarks Ltd.

Gecko Landmarks is a company with headquarters in Finland providing global geotechnical services and solutions for the professional market and GPS/GSM manufacturers.

Gecko Landmarks' mission is to enable industry-wide use of landmarks in any GPS/GSM-enabled device and to improve device manufacturers' possibilities to reach new markets that require unique approaches to geographical data. Gecko Landmarks produces and maintains highly accurate landmark databases for every country, and develops mobile phone applications that utilize global landmarks.

Security Details

FSTC is a fully reporting SEC company, publicly traded on the OTC Market under the symbol, “FSTC”, and within the OTCQB market tier. As such, Business, operational and financial information on FSTC is fully transparent and available to public view.

Visit for more information.

Shares Outstanding 25,885,250
Float Not Available
Authorized Shares 500,000,000
Par Value 0.001
SS source: talked to TA via phone call on 8/31/2011

Transfer Agent
Holladay Stock Transfer
Transfer Agent
2939 N. 67th Place
Scottsdale, AZ, 85251

Per FORM 10Q

10Q reported Aug 22, 2011 period ending Jun 30, 2011

Shareholders of Record: 26 a/o Jan 13, 2011

Incorporated In: CO, USA

Year of Inc: 1995
Security Notes
Capital Change=shs increased by 4 for 1 split. Ex-date=04/17/2009. Rec date=03/23/2009. Pay date=04/16/2009.

Source: and Transfer Agent

Products & Services

With the gathering of additional due diligence information, First Corporation intends to conclude the transaction with Gecko as soon as possible thereafter, subject to regulatory requirements.

The Product listed below is Gecko Landmarks Ltd/Gecko's SMS Application which is recorded in PR link above.

Gecko Landmarks Ltd

Gecko Landmarks is a Finland based company providing geotechnical services and solutions for the professional market. We are fully employee-owned company with a unique culture and a strong commitment to our work.

We have decades of experience in geotechnical product development and use our skills to leverage innovative uses of landmarks for mobile phones and other platforms.
Gecko Landmarks focuses on three areas:

Global landmarks

*Landmarks are geo-coded prominent features - schools, shopping malls, buildings etc.
*Can be used as a point of orientation and navigation
*Provide an alternative to traditional maps
*Our landmark database is the most accurate in terms of quality, coverage and updates
*Available for every country in the world
*Perfected for use in GPS/GSM devices

Landmark development toolkit

Complete in-house landmark development platform
Alternative for expensive and complicated GIS-products
Perfected for extremely cost-effective and fast landmark development

Mobile phone applications based on global landmarks

Personal navigation and location-based applications for every mobile phone - with or without GPS

The landmark concept is simple and usable. The future of geotechnical solutions for mobile phones is based on landmarks!

Address: Innopoli 2, Tekniikantie 14, 02150 Espoo, Finland

Recent News

LONDON--(Marketwire -09/02/11)- First Corporation (OTC.BB: FSTC.OB - News) announces further feedback on the audit of Gecko's popular SMS Application that runs on the Google Android platform. Utilizing its AtLAS Advanced Landmark Acquisition System, Gecko's SMS Application enhances SMS messages adding location information based on well-known geographic related interest points. Location information is optional and can be set manually.

The SMS Application is part of Gecko's broad marketing strategy re-enforcing its position as world leader in the provision of well known local landmarks. Due diligence has revealed over 50% of current users are in the rapidly growing emerging markets of Asia and Africa. Market penetration is particularly strong in India, the Philippines, Kenya, Indonesia, Malaysia and Nigeria.

Mark Collins-Cope, head of the Private Trading Systems IT team retained by First Corporation to audit Gecko's AtLAS Advanced Landmark Acquisition System, states, "The SMS Application's utilization is growing fast, particularly in emerging markets where map coverage is poor, or there is no local culture of map reading. The SMS Application is quite popular in India, one of the early adopters."

The audit of Gecko's SMS Application is intended to augment First Corporation's due diligence process further accelerating the acquisition of their 10% equity stake in Gecko. With the gathering of additional due diligence information, First Corporation intends to conclude the transaction with Gecko as soon as possible thereafter, subject to regulatory requirements.

LONDON--(Marketwire -08/01/11)- First Corporation (OTC.BB: FSTC) announces further feedback on the audit of Gecko's AtLAS Advanced Landmark Acquisition System product by the specialist IT teams at Private Trading Systems and Gecko Landmarks Ltd.

(Marketwire - 07/21/11)
First Corporation Announces Agreement Between Gecko Landmarks and Private Trading Systems to Augment Due Diligence Accelerating Acquisition of 10% Equity Stake in Gecko Finance


Andrew Clarke
Director and Chief Executive Officer

Calgary , AB

35 Years Old
Effective December 9, 2010, the Board of Directors also appointed Andrew Clarke as a director and Chief Executive Officer of First Corporation.

Mr. Clarke, age 35, has business and management experience which the board believes suit him for steering the company through its pending cquisition. Since September 17, 2007, Mr. Clarke has served as Regional Sales Director of Foster Refrigerator where he is responsible for management of the UK Southern Region Sales Force supplying refrigeration equipment to a wide range of corporate customers in both the private and public sectors, including preparation of budgets, management of sales force to achieve targets and monthly reporting to its US based parent company. During 2010, Mr. Clarke has also served as a Consultant for Caruso (UK) Ltd - providing support to the Chief Executive Officer in the management of various private equity and small cap investments, liaising with management and agreeing investment strategies with the CEO. It is through such an arrangement that Mr. Clarke will provide services to First Corporation as its CEO. From January 2005 to 2007, Mr. Clarke was a Corporate Entertainment Executive - Design Hospitality - Organizing and coordinating Corporate Entertainment events at major sporting events including Grand Prix, Test Match cricket, UK and US boxing promotions and Champions League soccer.

Contact Info

First Corp.
Watch House Green,
Felsted, Essex
United Kingdom

(403) 461-7283

Emerson Gerard Associates
Jerry Jennings