Gatekeeper Systems Inc V.GSI

DD tax planning transfer

[Ciao]

Gatekeeper CEO Announces Private Share Transfer

Abbotsford, BC – January 5, 2021 - Gatekeeper Systems Inc. (‘Gatekeeper’ or the ‘Company’) (TSX-V: GSI) (OTC: GKPRF) (FSE: 1GK) a video and data solutions provider for public transportation and smart cities, announces that Doug Dyment, CEO of Gatekeeper, has transferred 500,000 common shares of Gatekeeper (the “Transferred Shares”) in a private transaction to his immediate family members for family tax planning purposes.

[BoardAddict]

  Sounds like a nice X-mas gift for the family.  Smart move.  Only affect to the stock is the fact that it lowers his control a tiny %, but his family will most likely take his advice so it's virtually neutral.

[smallcapguy7]

As a question of clarity, would the new owners of the shares be classified as insiders?  If not then it could be his wife as well and used to cash in a bit?  Not that i believe its the case, just that its a possibilty.

[Gord_Alberta]

I am willing to be adopted; if this helps Doug's tax planning... ;-)