RE:What would it take to get share price to $2Gord_Alberta wrote: Serious question. I see potential; the PP was probably approved for growth & paying off the line of credit. So my question is - where is Gatekeeper growth?
I see the temperature guage as important for Covid temperature checks; this is probably the short term share price driver.
Yet I also see the camera aspect valuable for bus driver & passenger safety. Letting police forces do their jobs while catching violent criminals. My wife works in retail at a shopping mall; a facial snapshot might scare off a lot of shoplifters.
Where do you see potential growth?
Great question Gord. We have some good contributors on this board who are more into the details than I can provide.
My two cents on growth:
1) More contracts/revenues within our existing product lines - this may sound obvious, but there are hundreds of thousands of buses not currently equipped with GSI video recorders, so let's grow the bread n buttter business. Need to grow business with existing clients (Septa), and through good product and service, word of mouth, competitive pricing, sales will continue to grow.
Safety and security of people is huge and revenue generator potential in a covid cash strapped government world can be enticing.
2) ITSS - just getting started, hire more sales people, grow the business.
3) AI/Data - Doug often speaks about the value of this. While I don't profess to have a clear picture of how it could work and in what applications, I believe in DD.
4) Doug - owns a lot of shares, very forward thinking, very intelligent, sees opportunities and can turn these into reality quickly (ITSS for example). I'm sure he has new concepts and ideas floating in his head all the time. He is key to our success. I'm sure he has growth ideas that we haven't heard or thought of.
5) M&A - at some point, this will happen.