Gatekeeper Systems Inc V.GSI

Starting to get nervous, we are pushing the deadline.

[up2005]

Been in this deal for years and like many others on SH have supported the deal, my last buy was Nov. 3rd at $ .79 and a day later knew I paid to much,  but for the greater cause of supporting the deal I figured it wouldn't pull back too much more, well at close today I paid  $ .13 more.

Now I am concerned that we could be in the $ .50's before weeks end.

[jjj123]

I wonder why he bothered even putting out the Nov 20 expected date anyways.  Should have just listed the Dec 2 deadline.  Anyways, I'm leaning towards the deal not going through, thankfully I'm only holding 8500 shares at avg cost of $0.71 so not a large amount.  I still think this company will be okay long-term, but this whole PP is a very strange scenario.

[BuyorSell77]

This post has been removed in accordance with Community Policy

[Torontojay]

If it does it will be short lived as year end record breaking financials are just around the corner. Great timing for that as this will take the heat off of the private placement deal or no deal.  I have estimated q4 revenue of 6.5 million and net income of 2.5-3 million for the year. If these numbers hold true then we're trading at a P/E ratio of roughly 20-25 which is very reasonable

[TopStockBuy]

Yup, you're either an investor or a gambler.  If you're invested in Gatekeeper, you're holding onto your shares and adding to your position because you believe in the potential and you believe they will execute their growth plans.   ITSS has enormous potential, moving from proven successful pilot to National Marketing campaign Potential $30-$35Million Septa Contract

[Accountant777]

Hey topstockbuy, where did you get the details about this potential additional $30m contract with Septa? Also, same with the proof of concept testing with a transit authority. Where do you see this? Thanks!

[Ciao]

Scroll to May 29 for $ 30M mention Stickiness GSI

[TopStockBuy]

Accountant777 - Watch this interview with Doug last month.  This will bring you up to speed on everything I've mentioned and more.  Septa will be spending $30+ Million over the next several years on upgrades.  GSI has bid on this contract and are very confident they'll get it since they are already a preferred vendor.  We were all expecting this to be awarded this year,