Gatekeeper Systems Inc V.GSI

Gatekeeper Systems Receives Purchase Order For $5.1 Million

[AwareInvestor]

Gatekeeper Systems has received a major contract this morning. The company has obtained a purchase order from the Southeastern Pennsylvania Transit Authority, or SEPTA, a long time customer of the firms.

https://thedeepdive.ca/gatekeeper-systems-receives-purchase-order-for-5-1-million/

[Ciao]

It's great to see from the NR how this SEPTA contracts fits in with their previous ones. Its big and to be completed in 6 months. Expecting more, esp. the one related to NFI buses. Septa isn't having GSI personnel into their offices for a contract ending in October, this is a commitment for a long term partnership and perhaps that's why all the septa contracts have been listed in the

[Ciao]

Take everything anyone (including me) says with a grain of salt, but DD did say before that he felt the competitors (I believe Motorola, Johnson Controls) was aware of GSI's presence and how it was winning SEPTA contracts. Now with a solid presence and even physically inside (not sure if this has happened yet with the new hire(s) SEPTA's offices, doesn't it make GSI an even more

[TopStockBuy]

So true.  It's my belief as well but nobody knows for sure.  That physical presence in Septa is worth up to $9M over five years.  That's the ceiling Septa has placed on that contract, and that's in addition to the existing service contract.  

[Mathieu1978]

So huge contract award and the SP is stil in the ditch....what am not seing here? Why are we not back in the .50-.60?

[Dunworkin2]

Recall that the CEO is looking to land bigger contracts as part of the $140 million US dollar sales funnel. So while $5.1 million is good, we want the whole enchilada. If he delivers even 75% of the sales funnel, it won't matter if you bought at 35 cents or 50 cents, cuz we will be considerably higher, imo. Do your own dd, no guarantees when you are on the vulture exchange and macro forces are

[JM8648]

Dunworking2, To get "whole enchilada" we need some sales help as rammen1 stated. No buts about it.

[Dunworkin2]

I haven't called or emailed Doug to ask how many people in GSI are dedicated to sales, or how many commissioned sales reps are on the road, or what his capacity is for generating sales, or what his strategy is etc, etc. Would Doug not be in the best position to determine that? I'm pretty sure he wants to grow GSI. Would the board of directors not see this? How about the employees. Would

[TopStockBuy]

Fear.  TSXV at another year low.  People are literally jumping off a cliff everywhere and dumping their shares into the bid.  With very low liquid stocks like GSI, it's easy to send this down sharply.  Traders don't care about the contract, they care about getting their money out of the markets right now.  As I said before, if they announce a big contract, that

[Ciao]

Absoute Fear in overall markets. A few days ago it hit 7 on CNN's Fear and Greed index. During the COVID low when the world shut done and people were dying from a new virus the index hit a low of 8.