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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. It uses artificial intelligence, video analytics, and mobile data collectors to inter-connect public transportation assets within a smart city ecosystem. Its platform-as-a-service business model is centered around wirelessly enabled mobile data collectors which forms the foundation of its data company evolution. It engineers, manufactures and distributes high-definition mobile video and data solutions for a range of markets including school districts, law enforcement, public transit authorities, as well as the United States military. Its video management and video analytics software may be used in mobile or desktop applications for managing video evidence of incidents. Its solutions include Purchek, Business Intelligence, CartControl and CartManager Ultra.


TSXV:GSI - Post by User

Comment by KeepYoKidsSafeon Jun 06, 2022 1:46pm
235 Views
Post# 34734687

RE:My first and second reaction

RE:My first and second reaction
Dunworkin2 wrote: 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.


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'd guess with 99% certainty there are no concrete #s on how much of x y or z services GSI will perform for NELLC this year/next year/etc, but even if there are, I don't think that's something many companies would throw into a MSA press release.
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