Gatekeeper Systems Inc V.GSI

Financing

[retiredcf]

Amongst all this angst and hand wringing over the completion of the financing, investors seem to have lost track of the fact that the SP was $0.63 when the financing was announced on 26 August. We are now back below that level despite all of the NRs and contracts that have come out since then. A classic example of how people can't see the forest for the trees. GLTA

[gunzod]

As per usual, retiredcf, the voice of reason.

[VerifiedUser123]

I gave this a like because I agree. The thing is rightly, or wrongly we live in a world where CEO's are under a constant microscope and their perception of leadership at times is more powerful than other factors.  I'm a firm believer you can make every mistake once in life so long as you learn from it. I hope Doug has learned something from this. 

[Joseisok]

This post has been removed in accordance with Community Policy

[Rsupreme]

I agree Retiredcf. but nevertheless... maangement  communication on the matter sucks... and like i've said this PP has f***ed up the eco system of this stock... you cant blame people for not wanting to even walk into the forest.. let alone plant a tree.. i dont care about the PP closing or not as much as Management sticking to deadlines or letting investors know.... this will slide into

[theprovincial]

You're right on the money. The communication has left a lot to be desired and evidenced by the sentiment in the BB, there is little to no faith in the company to meet deadlines in the future. The first deadline miss was forgivable however the November 3 deadline being pushed back 3 days should have meant this deal was DONE! Instead we've been sitting on the sidelines watching our

[Joseisok]

This post has been removed in accordance with Community Policy

[JamesWW]

"Through the tree..."

[iTrader2K]

Therein lies the problem. The SP is no longer determined by operations, it's the credibility of the company that has been compromised. I'm so frustrated that we've derailed momentum over this PP and every share purchased in the last 3 months has lost value. Shareholders deserve a detailed explanation of how this transpired. We're done with platitudes and missed deadlines.

[ddogold]

Hear , Hear . Could not of said it better 

[retiredcf]

While there's no question that managment could certainly have done a better PR job with this issue, the biggest problem here is that there were too many speculators and not enough investors holding this stock. The newbies said I can buy a stock for 20 or 25% below the $1.00 financing which should mean instant money for me. I suspect that many of them found their way here through the buzz and

[Rsupreme]

lol agreed.. retail is fickle more than ever during Covid time.. alot more retail is home.. finicky .. trying their hardest not to blow accounts during this epidemic.. so on the surface GSI looked like easy money... and then all this PP ***t  noise. has people running for the hills like the redcoats are coming.... I suspect most will come back when we get some type of clarity.. which I

[CorruptedLushDr]

I call it whale watching.  If you've ever been you'll see people running from one side of the boat to the other in a desperate attempt to get a look at the whale. That's the strategy many people appear to be employing when "investing" these days. It's been a while since I've seen a company I own stock in look this amateur or inflict this level of entirely