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Bullboard - Stock Discussion Forum 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... see more

TSXV:GSI - Post Discussion

Gatekeeper Systems Inc > RE RE:The 10 million inventory question & where it leads to
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Post by ramman1 on Jul 15, 2022 3:02pm

RE RE:The 10 million inventory question & where it leads to

As far as I have been able to find out  :  (1) how much of the  inventory  is consumed in current back-log  ? (A)  very little, likely less than 1 million .  Most Septa contracts were anticipated and planned for , and very few other small  contracts are  involving the inventory . Even National is a starting maitenance contract . ---   (2) what general amount of (revenue) could the inventory produce  ?. (A)   A whopping total of 40 million ,possibly a bit more . This would consume at least  a transit contract or possibly more than 1 contract . ITS A BIG DEAL .  The 10 million was planned,hopefully , and prudently ,to  win one or two transit deals . The inventory would be ABSOLUTELY PARAMOUNT, to ensuring the transit authority(ies) have confidence in Gatekeeper and  therefore signing the contract . ---WE NEED  (the) or (Those) contracts .----------  The 10 million inventory was secured by Dyment precisely in paralel with his message of the large sales funnel he anticipated . In his words : In excess of 100 million dollars .
Comment by fergus2 on Jul 15, 2022 4:10pm
Great post Ramman1! You expect and want results and judging by Dyment's inventory build and staffing enlargements everything is in place but the contracts. Maybe I'm naive, but I doubt any company in negotiations with GSI would flippantly demand proof of inventory and then back out. Would think such matters would be in the very late discussion stage. Your proportional take of inventory on ...more  
Comment by Dunworkin2 on Jul 15, 2022 6:28pm
They wouldn't demand proof, but the contract would stipulate supply and install a certain number by a certain date. On the topic of inventory, how much ITSS temperature sensing goodies are included in inventory? Its a bit surprising that Doug couldn't have worked out a pilot with school transit or public transit to try some of these out as a method of testing it and preparing for the ...more  
Comment by fergus2 on Jul 16, 2022 10:36pm
Wrong word choice in the last sentence of my previous post.  Ratio was the sought-after word, not proportion. It was Ramman1’s “take” on the ratio of inventory (10 Million) to the projected sales that made my mouth water. My point?  That inventory could easily service 2 contracts at the same time, -especially in the initial stages. Call it adroit leverage, but in no way should the ...more  
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