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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

Post by ramman1on Feb 24, 2023 7:08pm
401 Views
Post# 35304679

There is no question , and it's certainly positive

There is no question , and it's certainly positiveTo hear the plans of Septa going forward, whether it be new Trolley cars, New Flyer busses, or any number of upcomming requirements that Septa may need. Thats a ''given'', we get ALL the contracts and don't get me wrong ,very  POSITIVE, however we need other contracts outside Septa. These contracts mentioned in recent posts,  reach out well (beyond 2023) , and there is nothing between now and  that time . Fine to say we look good going forward, however it's (all dependant on Septa) , and we still have  8.6 mil in inventory on the balance sheet , and 80 employees at $ 62000/yr , wage  + benefits , ($ 480000/month ) which looms large on a month to month basis. A second or third transit contract and a handfull of school contracts is required. Working with Septa is of the upmost importance ,there is no doubt, however it's not a new contract each time.  We obviously need vast improvement in SALES.
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