Gatekeeper Systems Inc V.GSI

Since May 1st..

[RogersBulll]

We started May 1st at 40 cents, after rallying to 61 cents in April on the potential $5 mil contract. Since then, we have landed:

- $5 mil SEPTA upgrade
- Alberta school bus contract for 170 buses (average $3-5k per bus = $540k - $880k)
- National Express Master Services Agreement (Perpetual contract) (20,000 bus potential)
- $8 mil additional working capital via TD LOC and Credit Facility

I really can't believe this company is still at the 40 cent level. I truly believe this company is flying under the radar and only the longs invested here know about it. I am hoping that Q3 and Q4 will show some good results and get people to see the value that exists here. Let alone anything else we sign in the mean time. 

GLTA

[Ottawa10]

Also worth noting, mid April we had a deal with the third largest school school district in Arizona which by the way is the second fastest growing US state presently.

[Ciao]

After announcing the "perpetual contract" with NELLC the market cap had an effective move of just $3M for a current market cap of about $33M. This contract appears to be a "company maker" and GSI should do well even in a recessionary / inflationary ....etc. environment.  Get past this market correction and we should see some better traction in the share price in the fall.

[ol_griz]

Yup.  I'm resigned to yet another waiting game now.  And if NFI starts getting the chips it needs, look out.  Off to the races.  I think Fall is optimistic, unfortunately, unless there are prelims supporting big revs from National Express and SEPTA - and when do we ever get those?

[checkup]

The retail investor is hiding under their beds.  I have lots of "good" stocks that cannot get any traction and its has been that way for many months. 

[Pandora]

Can we make that "many, many, months"?