RE:RE:RE:RE:Starting to get nervous, we are pushing the deadline.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, but looks like due to Covid it has been delayed. I believe Septa has received, or is receiving federal funding due to Covid.
https://youtu.be/a1Va5EqKj10
GSI has delivered a lot over the past 14+ months since since buying out the US company and they keep increasing their revenues. Financing can be done anytime whether these investors or a PP, but with $8M in operating cash + $2M credit with suppliers and no debt, they are golden for a long time. They have more than enough cash to market ITSS and advance their other projects. The investors have to give Gatekeeper the money and I'm sure they've done all they can to assist with closing the financing. They can either be patient and wait or tell them to go pound sand.