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Bullboard - Stock Discussion Forum Gatekeeper Systems Inc V.GSI

Alternate Symbol(s):  GKPRF

Gatekeeper Systems Inc. is a Canada-based provider of intelligent video and data solutions designed to provide a safer transportation environment for children, passengers, and public safety personnel on multiple transportation modes. The Company uses artificial intelligence (AI), video analytics, thermal cameras, and mobile data collectors to inter-connect public transit assets as part of... see more

TSXV:GSI - Post Discussion

Gatekeeper Systems Inc > My first and second reaction
View:
Post by Dunworkin2 on Jun 06, 2022 1:21pm

My first and second reaction

First, good, Doug has increased financing flexibility to fulfill new business with Septa and NELLC.

Second, ironically, there are significantly more details...in fact over the top details in the credit facility announcement, ie. bank prime plus 0.85 percent.....etc, etc....lmao.

Give us some details on the NELLC news release re: 20,000 buses. Too funny Doug. Hope you send us a video soon on NELLC.
Comment by KeepYoKidsSafe on Jun 06, 2022 1:46pm
Wouldn't consider the terms of the credit facility to be over the top but definately agree that it does seem ironic on the surface. Now, below the surface - it is not ironic because Doug & Co have to be careful not to mislead investors. MSA just provides that contractual framework that Gatekeeper will be NELLC's go-to for video, data, software, and related installation services. I ...more  
Comment by checkup on Jun 06, 2022 2:24pm
Having run small businesses for all of my career, these terms provided to GSI by TD are very, very good. IMO
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