Geo Target means targeting your Social Status or Tweet to a particular region. For e.g. you might have fans all over the World. However you have new product which is being launched in UK only. You can use Facebook's Geo-targeting feature and update your status so that fans in UK will only be able to see your status.
Geo Targeting is only available for Facebook. As other Social Media platforms embraces Baskyt and open up their api’s we will add them so that you can take full advantage.