Gatekeeper Systems Inc V.GSI

Lost confidence in Dyment

[mikeonmicrocap]

I am quickly losing confidence in Dyment
Can anyone spell out a bullidh case for GSI?

[ramman1]

''Oh no'' Mike. Sounds like your towel is hanging on the ropes in your corner ,ready to throw into the ring .------Huge,growing,  market everywhere . camera/monitoring/surveillance.---Transit ,school,rail,military,personal,business ,government.--Great products if you talk to Septa, Canyon bus.----------  Couldn't help but see a posters comment on another  board a

[voile]

They made $10m of sales in Q4 (record breaking by a wide margin), made $4.9m of sales in Q1 (81% growth and just shy of the record 4.96m in 2021). Dyment's quote says sales growth is strong and he expects the $4m sale (one of the largest contracts the company has ever won) to be billed in Q2 which I assume will be on top of their regular sales (which are generally $3m) so we are likely to have

[ramman1]

I did not read the p/r the same way as Voile, have a look . The actual wording was  $4 million in contracts, not $ 4 million in sales. --The 4 million refers to the Dec12/22 PR which was the $4 mil Septa video upgrade contract, which  is expected to be billed in Q2  ,and later, the U.S  $ 184 301 police and security services vehicle upgrade contract. -----------  Once

[voile]

Ramman1 - if you think 92% of sales (a made up number) comes from 2 customers (another made up number) in revolving contracts (not true), then you're proving you actually know very little about the business. Contracts ARE sales. I can't believe how little you know about a business that you are supposedly an investor in.

[Tropicalsun]

voile - a little perspective if you will, firstly you are pretty new here, so one can conclude that you are a fairly recent shareholder. If so good for you, as you likely got in some where at this current level. This board has many long term shareholders that have seen the SP erode to these low levels. Yes our bad, because we should have all seen the light right after the botched $1.00 good as

[voile]

Did you attend the virtual annual meeting in Dec? He gave a solid update to investors. The company is posting solid sales numbers. The Twitter feed is full of sales related activity. The website has plenty of videos.   Look, we all make trading mistakes. But lashing out at the CEO and posting false numbers as a display of frustration over your own trading mistakes to this board serves no

[ranman]

I love your enthusiasm. And what you say is logical. Deep down I belieive the company has a chance to succeed. They'll obviously need new leadership of course, Dymment is not the person for the job,  but IMO they have a small chance of being a player in this industry. But c'mon. We're not the only investors who see the bigger picture. Look at this MD. I've never ever seen a

[Ciao]

I've seen walls move up as the share price moves up, so those types of walls appear to be manipulative. However, if they don't move in tandem with the share price, then that's a bit more concerning.

[Tropicalsun]

Two people see the same thing and have a different take away, that's just human nature and a different perspective on how you read the information, so be it. I would not call it a solid update and the company has had some good quarters followed by some not so good.  Most companies these days use quarterly conference calls the next day after financial results are released, why to break

[voile]

Tropicalsun, all my comments were directed to Ramman1, not you. I obvioudly messed up this new thread format on Stockhouse, so for that I apologize. If you have Ramman1 on ignore (smart move) then you've missed the totally false numbers he's made up and the relentless unfounded negatively he's being spewing onto this forum. I was only trying to counter that. His relentless negative

[Tropicalsun]

voile, apology excepted and thanks. There is another poster called ranman, way back at first I was confused between the two, so just be aware.  There is still hope for GateKeeper, the products along with what these systems can do is top notch and much needed in this crazy world we live in. Why are things so slow to develope into signed P.O's for the company? I don't have an answer to

[Tropicalsun]

I think you would be hard pressed to find many longs that still have much confidence in Doug Dyment. The rinse and repeat conversations had by many posters on this board over the past year or so and still no one has nailed it down as to a root cause. Nothing more than speculative opinion, we are stuck between a rock and a hard place, and the CEO doesn't know what to tell us.

[ramman1]

Hey Ranman:   Sept 1/20 :  CEO awarded bonus of 1.4 mil ,installments over 5 years , (at CEO discretion) . During year end ,Aug31/22  $280 000 was paid.  1.12 million remains as of Aug 31/22. ''At CEO discretion''.

[ranman]

Hi ramman1, Go to youtube and search common sense gatekeeper. SHould work. Maybe. If not check my profile and you'll find the post I added that video to. I'm watching his latest video on "Penny Stock Updates" and at the 45:58 mark he sys he's reached out to Dyment for an interview on his podcast. What do all of you think the odds of him getting that interview are?

[ramman1]

I am still positive Ranman.  Might not sound that way  sometimes ,however I am holding in .       I think ALL ALONG ,that Dyment is a great CEO, but does not have the sales capacity. My VIEWS.     As I have said hundreds of times: Get a sales partner: Eventually other investors will know .       Keep in mind this is selling dirt cheap right now