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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 Ciaoon Feb 06, 2024 7:00pm
170 Views
Post# 35866461

RE:RE:RE:RE:RE:RE:RE:interesting

RE:RE:RE:RE:RE:RE:RE:interestingInteresting that you mention shorting. I guess that Doug is showing the markets with a pristine balance sheet and available line of credit with ZERO drawn that they can grow revenues without an equity raise. That should discourage shorting, esp. the B.S. naked shorts.

I just noted that the short position (from CEO.CA) is 130K now, it was under 15K a week ago. Not a large amount. There must be better short candidates out there, the fundamentals look good here and could look even better in a month and the valuation is far from being overvalued. 

To support WIP, the general rule of thumb is that you need working capital to be 20 - 25% of revenues, if we look beyond 2024, we may need $10 - $12M. They have enough. When we get significant cash flow from recurring revenues, that could start supporting capital requirements.
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