RE:LD Micro Presentationre-watched the presentation, here are some more tidbits of info;
1) ALE contract won by Hayden AI
Hayden had performed a POC (proof of concept) project with LA Transit so they had their foot in the door, Doug considered it important that GSI was noticed and was 2nd to Hayden AI, a Silicon Valley company
GSI's AI has the ability to detect vehicles entering bus lanes as well as vehicles making right turns using that lane (legal and significant to be able to differentiate)
2) SEPTA Market-Frankford line
GSI is spec'ed out on the Frankford line to which 200 railcars will be on order via STV an engineering firm (so this is the 3rd "rail" company in addition to Alstom and CRRC)
https://www.masstransitmag.com/rail/vehicles/press-release/53099597/stv-group-inc-septa-selects-stv-to-lead-procurement-of-market-frankford-line-rail-cars 3) Q2 results
After indicating how Q1 almost matched entire 2023 net profit, Doug mentioned Q2 was coming out in 2 weeks
"
looking forward to see how the market reacts as we drive top line revenue and bottom line ..." and I don't believe he thinks shareholders will be selling on the news