The significance of these types of contracts can easily be over looked. We have Interior + Exterior Hardware, data management and shared ticket revenue from citations (in other contracts 50% shared ticket revenue was mentioned and it appears to be a common theme [50% to Gatekeepers, 25% to the municipality and 25% to the police department]). Additional Software applications are most likely to be added as time goes on. Estimated ticket revenue is unknown at this time, but previous news articles mentioned an expected average of 1 ticket per camera per day. As contracts come in we will be able to confirm this number and better estimate revenue per camera. What a great investment opportunity we all have in front of us!
It is extremely rare to have a company with such a solid foundation (contract revenue, ticket revenue, government funding for buyers, growing product line, no long term debt, positive cash flow, rockstar management - with experience with buyouts). It is even more rare to find a company in such state this early in its stage. The growth potential is absolutely insane!
Gatekeeper Systems is just starting to get noticed, product line is increasing and margins are expected to rise, therefore, I continue to hold tightly to my shares and plan to be here for a long time.
Thanks everyone for the great comments and by doing so keeping this board enjoyable and valuable, cheers!
I a " the Company has been contracted to equip a fleet with over 70 school buses in Pekin, Illinois with cellular-enabled intelligent mobile data collectors, interior high-definition video systems and stop arm cameras.