-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 FXYoc/r9TfMyAdV89LI2wNZPY8/EBtjJq1EPlrUKVfPt8CW5vbYovjE93I9mqAG1
 eUxq/C3OsYIGq125SgnJIA==

<SEC-DOCUMENT>0000950123-10-094045.txt : 20101019
<SEC-HEADER>0000950123-10-094045.hdr.sgml : 20101019
<ACCEPTANCE-DATETIME>20101019090046
ACCESSION NUMBER:		0000950123-10-094045
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20101001
FILED AS OF DATE:		20101019
DATE AS OF CHANGE:		20101019

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GRAVITY Co., Ltd.
		CENTRAL INDEX KEY:			0001313310
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			M5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-51138
		FILM NUMBER:		101129232

	BUSINESS ADDRESS:	
		STREET 1:		NURITKUM SQUARE BUSINESS TOWER 15F
		STREET 2:		1605 SANGAM-DONG, MAPO-GU
		CITY:			SEOUL
		STATE:			M5
		ZIP:			121-795
		BUSINESS PHONE:		82-2-2132-7800

	MAIL ADDRESS:	
		STREET 1:		NURITKUM SQUARE BUSINESS TOWER 15F
		STREET 2:		1605 SANGAM-DONG, MAPO-GU
		CITY:			SEOUL
		STATE:			M5
		ZIP:			121-795
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>c07056e6vk.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML>
<HEAD>
<TITLE>Form 6-K</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.50in">

<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>




<DIV align="center" style="font-size: 14pt; margin-top: 10pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 10pt"><B>Form&nbsp;6-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 10pt"><B>REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16<BR>
UNDER THE SECURITIES EXCHANGE ACT OF 1934</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt"><B>For the month of October, 2010</B><BR><B>
Commission File Number 000-51138</B>
</DIV>
<DIV align="center" style="font-size: 24pt; margin-top: 10pt"><B>GRAVITY Co., Ltd.</B>
</DIV>

<DIV align="center"><DIV style="font-size: 3pt; margin-top: 1pt; width: 75%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>

<DIV align="center" style="font-size: 10pt">(Translation of registrant&#146;s name into English)</DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 10pt">Nuritkum Square Business Tower 15F, 1605 Sangam-Dong, Mapo-Gu, Seoul, Korea 121-795
</DIV>

<DIV align="center"><DIV style="font-size: 3pt; margin-top: 1pt; width: 75%; border-top: 1px solid #000000">&nbsp;</DIV></DIV>

<DIV align="center" style="font-size: 10pt">(Address of principal executive office)</DIV>



<DIV align="justify" style="font-size: 10pt; margin-top: 10pt">Indicate by check mark whether the registrant files or will file annual reports under cover of <FONT style="white-space: nowrap">Form
20-F</FONT> or <FONT style="white-space: nowrap">Form&nbsp;40-F:</FONT> <FONT style="white-space: nowrap"><FONT face="Wingdings">&#254;</FONT> Form 20-F <FONT face="Wingdings">&#111;</FONT> Form&nbsp;40-F</FONT>
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
<FONT style="white-space: nowrap">Regulation&nbsp;S-T</FONT> <FONT style="white-space: nowrap">Rule&nbsp;101(b)(1): <FONT face="Wingdings">&#111;</FONT></FONT>
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
<FONT style="white-space: nowrap">Regulation&nbsp;S-T</FONT> <FONT style="white-space: nowrap">Rule&nbsp;101(b)(7): <FONT face="Wingdings">&#111;</FONT></FONT>
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt">Indicate by check mark whether the registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to <FONT style="white-space: nowrap">Rule&nbsp;12g3-2(b)</FONT> under the
Securities Exchange Act of 1934: <FONT style="white-space: nowrap"><FONT face="Wingdings">&#111;</FONT> Yes <FONT face="Wingdings">&#254;</FONT> No</FONT>
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt">If &#147;Yes&#148; is marked, indicate below the file number assigned to the registrant in connection with
<FONT style="white-space: nowrap">Rule&nbsp;12g3-2(b):</FONT> <U>n/a </U>
</DIV>

<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>


<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.50in">







<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><U><B>Information regarding Online Game Revolution Fund No.&nbsp;1</B></U>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt">Reference is made to disclosure of GRAVITY Co., Ltd. (NasdaqGM: GRVY) (&#147;Gravity&#148; or &#147;Company&#148;)
regarding purchase obligations in connection with its investment in Online Game Revolution Fund No.
1 (the &#147;Fund&#148;) on page 84 of its annual report on Form 20-F (the &#147;<U>Form&nbsp;20-F</U>&#148;) for the year
ended December&nbsp;31, 2009, filed with the Securities and Exchange Commission on June&nbsp;1, 2010. The
Company stated in its Form 20-F that upon 30&nbsp;days&#146; prior written notice by Entertainment Farm,
Inc., the general partner of the Fund (the &#147;General Partner&#148;), the Company is required to pay the
outstanding portion of its pledged contribution, which was JPY 90&nbsp;million as of the time of filing
of the Form 20-F and as of the date hereof. Since April&nbsp;2009, the General Partner has communicated
to us that it was unlikely that the Fund will be making any additional investments, making it
unlikely that the General Partner will seek contributions from its limited partners. In August
2010, the General Partner notified us in writing of its intention not to issue a call for the
outstanding capital contribution by the Company.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt"><B>About GRAVITY Co., Ltd. </B>---------------------------------------------------
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt">Based in Korea, Gravity is a developer and publisher of online games. Gravity&#146;s principal product,
Ragnarok Online&#153;, is a popular online game in many markets, including Japan, Taiwan and
Thailand, and is currently commercially offered in 80 markets. For more information about Gravity,
please visit <U>http://www.gravity.co.kr</U>.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt"><B>Forward-Looking Statements:</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt">Certain statements in this report may include, in addition to historical information,
&#147;forward-looking statements&#148; within the meaning of the &#147;safe-harbor&#148; provisions of the U.S. Private
Securities Litigation Reform Act 1995. Forward-looking statements can generally be identified by
the use of forward-looking terminology, such as &#147;may,&#148; &#147;will,&#148; &#147;expect,&#148; &#147;intend,&#148; &#147;estimate,&#148;
&#147;anticipate,&#148; &#147;believe&#148; &#147;project,&#148; or &#147;continue&#148; or the negative thereof or other similar words,
although not all forward-looking statements contain these words. Investors should consider the
information contained in our submissions and filings with the United States Securities and Exchange
Commission (the &#147;SEC&#148;), including our registration statement on Form F-1, as amended, and our
annual reports on Form 20-F, together with such other documents and we may submit to or file with
the SEC from time to time, on Form 6-K. The forward-looking statements speak only as of this press
release and we assume no duty to update them to reflect new, changing or unanticipated events or
circumstances.
</DIV>

<DIV align="justify" style="font-size: 10pt; margin-top: 10pt"><B>Contact:</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 10pt">Mr.&nbsp;Heung Gon Kim<BR>
Chief Financial Officer<BR>
Gravity Co., Ltd.<BR>
Email: <U>kheung@gravity.co.kr</U>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 10pt">Ms.&nbsp;Yoon Joo Lee<BR>
IR Manager<BR>
Gravity Co., Ltd.<BR>
Email: <U>yoonjoo.lee@gravity.co.kr</U><BR>
Telephone: &#043;82-2-2132-7800

</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 10pt"># # #
</DIV>

<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif; margin-left: .25in; width: 7.50in">



<DIV align="center" style="font-size: 10pt; margin-top: 10pt"><B>SIGNATURES</B>
</DIV>


<DIV align="justify" style="font-size: 10pt; margin-top: 10pt">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">GRAVITY Co., Ltd.<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">Date: October 19, 2010&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Heung Gon Kim
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Heung Gon Kim&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Chief Financial Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="center" style="font-size: 10pt">&nbsp;

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>




</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
