Gatekeeper Systems Inc V.GSI

PP versus the Credit Line

[Gord_Alberta]

Since GSI has enough money to continue operations "as is", the company needs neither the PP or Credit Line. Unless they have a project that needs immediate money.

In that case, the PP leaves GSI debt free while they pursue the project. Makes sense to me...

[mikeonmicrocap]

Agree.  I also think that there may be a potential acquisition in the works which will be accretive to earnings.  The cash allows them to broker a deal without debt. The ITSS system is just the tip of the iceberg when considering "Health Monitoring"  The  PaaS model may superimposed on to Diabetes, High Blood Pressure, Pulseox Meter, and Cardiac Monitoring

[Torontojay]

There are too many catalysts for next year that buying the dips for next week may be an intelligent move for the long term investor. I'll say this again but we are not over paying for the stock at current prices but we get a free ride to $1 if the deal gets finalized.   full disclosure: I purchased additional shares last week at 76 cents and I'm looking to add at current prices

[1bananaman]

     Maybe wrong, but still believe they are gonna need to buy or produce thousands of ITSS systems, at say 300 a pop , and that is why GSI doesn't NEED the PP, but it certainly WANTS the PP because it looks after a supply chain for a percentage of the US bus system. Sure hope am right, am out on a limb with my thinking! To spend 300 a pop on a 2000 say deal sounds about right

[ranman]

I think you meant ramman1. But you are correct, I'm also buying. I bought three time over 90 cents and twice since then in the 70's. I am not a bagholder, I am a true visionary! Don't own as many as ramman1 but I'm slowly getting there.  

[BuyorSell77]

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[BoardAddict]

Again, if he needed the money why would he turn down the offer at $0.60/share which was mentioned in the same interview.    Not sure why you want the stock price to go down so badly.  Your only argument is the PP not closing and it is very clear that it is going to close.  Q4 May or may not support a share price of $1/share, but the growth rate and everything going on with the

[BuyorSell77]

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