GSI.V - Gatekeeper Systems Inc

Ça y est, la nouvelle d’envergure est tombée! :rofl:

Gatekeeper Appoints Chief Financial Officer

Abbotsford, BC - April 12, 2019 - Gatekeeper Systems Inc. (‘Gatekeeper’ or the ‘Company’)
(TSX.V: GSI; OTC: GKPRF; FSE: 1GK) a leading provider of video surveillance systems
developed to protect people in transit, is pleased to announce that it has appointed Ms. Kelsey
Chin, CPA, CGA as Chief Financial Officer effective immediately. Kelsey has been with the
Company as Corporate Secretary since 2013, and as a director since 2016. She brings over 15
years’ experience working as an Executive Officer for various publicly listed companies in a
diverse range of industries.

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Oulala, vivement lundi :sweat_smile:

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Gatekeeper loses $455,525 in Q2

2019-04-29 17:01 ET - News Release

Mr. Douglas Dyment reports


Gatekeeper Systems Inc. has released its financial results for the three and six months ended Feb. 28, 2019.

Financial Highlights for Second Quarter

Revenue for the three months ended February 28, 2019 was $2,698,819, an increase of 118% when compared to $1,237,320 in the same period in the previous year, and the highest second-quarter revenue in the Company’s history;

Revenue for the six-month period was $4,538,297, an increase of 70% when compared to $2,667,219 in the same period in the previous year, and the highest first-half revenue in the Company’s history;

Gross profit during the three and six months ended February 28, 2019 was $1,142,129 and $2,053,415, respectively, which compares to $635,693 and $1,403,612, respectively in the same prior year comparable periods;

Net loss for the quarter was $0.01 per share which compares to a net loss of $0.01 per share for the same period in the previous year;

As at February 28, 2019 the Company had working capital of $5,179,418, no long-term debt, and approximately 87.6 million shares outstanding.

Operational Highlights for Second Quarter

Expanded Gatekeeper USA operations with new fleet vehicles to support the growing transit business in the Eastern USA and relating to South East Pennsylvania Transportation Authority (“SEPTA”)

Supplied and installed Crash Worthy Memory Modules integrated with video systems for SEPTA trains;

Received SEPTA extension contract for service and maintenance of video systems;

Expanded transit business with new contract for Illinois Jackson County Mass Transit District;

Received first order for the Company’s new Community Observation Protection System (COPS™);

Received order to supply school bus video systems to Sunrise Bus Company, a leading Student Transportation Provider in the Northeast and Midwest USA;

Received order for integrated school bus video and wireless system from Cook Illinois Corporation which operates more than 2,000 buses and ranks as the sixth largest bus contractor in the US;

Commenced shipments of the Company’s new SP25 10 Mega Pixel stop arm camera system for capturing stop arm violations in multiple lanes;

Delivered SP25 stop arm cameras to Dekalb County Central United School District in Midwest United States;

Expanded demo systems of SP25 10 mega pixel stop arm camera system to multiple school districts across Midwest including Indiana;

Expanded business in North East USA with contract award for SP25 stop arm camera systems to largest school district in Delaware;

Received new order from BusWest, a leading Thomas Built Buses dealership in California; and

Introduced new high definition windshield mount dashcam with wireless and driver monitoring capability fully integrated with Gatekeeper’s hosted enterprise software.

Management Commentary

Doug Dyment, President and CEO commented, “We are extremely pleased with our fiscal Q2 results, which marks the second consecutive quarter of record-breaking revenues. It’s very encouraging to see this top line revenue growth, which is a direct result of the investments we made in our business over the past year as we positioned for expansion and growth. We added key new customer relationships during the quarter and strengthened our business relationship with SEPTA, who is our cornerstone customer in our transit business. We are also witnessing increasing interest from the school bus market, as customers seek safety solutions for school children.”


During the second quarter, the Company announced a new purchase order from SEPTA which included an extension of its service contract, as well as innovative safety and security solutions which the Company has branded as Community Observation Protection System (“COPS™”). COPS is a mobile, video-based, security system designed to provide real-time video information for special events and problem areas within a city.

During the quarter, the Company prepared high-definition video rail recorders for commercialization, which meet specific rail requirements including EN1055, and is capable of recording up to 24 high definitions cameras. The Company has also developed high density crash hardened memory module for securing video and data in the event of train crashes. The use of video to provide safety and security for passengers, as well as operational assistance, is becoming more common in the design of train communications systems. Protecting this data in the event of train derailments can assist The National Transportation Safety Board (NTSB) during accident investigations. The Company is on schedule to complete installation of its first related contract with SEPTA prior to the 2019 fiscal year end.

SEPTA has become a cornerstone customer for the Company, following the Company’s strategic expansion into the transit market. In April 2018, the Company acquired Delaware-based assets which enabled the SEPTA relationship. The Company subsequently announced additional SEPTA orders that total more than C$7 million and expects most of these orders to be invoiced during the Company’s 2019 fiscal year which ends August 31, 2019.

SEPTA is a regional public transportation authority that operates bus, rapid transit, commuter rail, light rail, and electric trolley bus services for nearly 4 million people in Philadelphia, Pennsylvania. SEPTA is one of the largest transit authorities in the United States, providing over 300 million passenger rides annually on over 3,600 vehicles, which includes approximately 970 trains. SEPTA has rapidly embraced video evidence as protection against injury and damages claims.

SP25 School Bus Vision Technology

During the quarter the Company began shipping SP25 School Bus Vision systems, which have 10-megapixel dual-camera systems for multi-lane viewing license plate capture capability, a high-speed license plate tag reader, and cellular network compatibility ready for remote, and auto downloading of stop-arm violations.

The Company has received increasing interest from school districts regarding the use of video evidence to help protect school children, following the tragic deaths of several school children who have been struck within the past six months by vehicles illegally passing school buses in various states. The National Association of State Directors of Pupil Transportation Services estimates that there are more than 15 million school bus stop-arm violations per year in the United States alone. The Company is actively marketing its new SP25 product line and is supportive of the social movements and state legislation changes that increase awareness and address the safety concerns for schoolchildren.

Ambulance and First Responder Market

The Company has been testing a new video system solution designed for the ambulance market to help medical personal protect themselves against liability as well as provide better care to patients. Several projects are ongoing and the company is optimistic that the current results of proof of concepts will result in near-term revenue.

Summary of Financial Results and Information Three months ended Six months ended February 28, 2019 February 28, 2018 February 28, 2019 February 28, 2018 Revenue $2,698,819 $1,237,320 $4,536,297 $2,667,219 Cost of Sales 1,556,690 601,627 2,484,882 1,263,607 Gross Profit 1,142,129 635,693 2,053,882 1,403,612 Gross Margin 42% 51% 45% 53% Expenses 1,565,750 1,120,036 3,230,010 2,325,967 Operating Loss (423,621) (484,344) (1,176,595) (919,655) Net Loss for the period (455,525) (499,124) (1,142,904) (839,839) Loss per share (0.01) (0.01) (0.01) (0.01)

Full details of the financial reports and operating results for the three and six months ended February 28, 2019 are described in the Company’s condensed interim consolidated financial statements with accompanying notes and related Management’s Discussion and Analysis, available on SEDAR at

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Super journée pour GSI aujourd’hui! 52 week high! Techniquement en breakout

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GSI semble sur le point de décrocher un gros contrat jeudi! On parle d’un possible contrat de 13 millions.

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J’ai initié une position aujourd’hui à 0,18 $ et continuerai à ajouter de la faiblesse.

Cela fait trois ans que je surveille ce stock et que je suis rentré à ce moment-là, mais que la sortie des ventes ne s’est pas manifestée. La société est moins chère que lorsque je suis arrivée, mais plus développée et en avance.

La société vient de publier un trimestre record, est rentable et, avec la réunion SEPTA, a de bonnes raisons de croire qu’elle peut continuer et croître sur cette lancée.

Je reste également optimiste sur le secteur, en particulier avec les chauffeurs du secteur du transit que d’autres sociétés telles que TSXV: BUS et TSX: NFI appellent à une accélération à l’horizon 2020.

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Il faut être patient. Je suis dans cette histoire depuis la levé de fond de $4M. 1ère cible .265

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Ceci est venu dans un email de Doug.

“If we are successful on the next two contracts which SEPTA’s Board has already approved, then Gatekeeper would have turned a $300k asset acquisition into approximately $25 million in revenue bookings. And I believe that is only the start.” - Doug

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Gatekeeper wins $6.3M DVR contract for SEPTA trains

2019-10-09 07:54 ET - News Release

Mr. Douglas Dyment reports


Gatekeeper Systems Inc.'s wholly owned subsidiary, Gatekeeper Systems USA Inc., located in Bristol, Pa., has been contracted by Southeastern Pennsylvania Transit Authority (SEPTA) to supply and install digital video recorders (DVRs) on SEPTA vehicles and trains in a contract valued at approximately $6.3-million.

The DVRs will include crash hardened memory modules for recording video evidence and will comply with the recommendations made by the National Transportation Safety Board (NTSB). The NTSB has investigated numerous rail transit incidents and has recommended the installation of inward and outward facing audio and image recorders and has identified them as being critical to improve operational safety and aiding in accident investigations. Delivery of the equipment is scheduled for Spring of 2020.

SEPTA is the sixth largest public transportation system in the U.S., providing over 300 million annual passenger rides for nearly 4 million people in Philadelphia on approximately 3,000 vehicles and trains. SEPTA is actively using video evidence as protection against fraudulent claims and has installed more than 27,000 video cameras on vehicles and in stations.

Doug Dyment, President and CEO commented, “Gatekeeper is focused on developing video-based solutions that are designed to protect people in transit. This contract award demonstrates our ability to design solutions that comply with NTSB’s recommendations. We believe that all transit trains and buses should be equipped with video and event recording devices to improve safety and aid in accident investigations, in the same way black boxes are used in the airline industry.”

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Quelqu’un a-t-il une estimation du moment où le second contrat pourrait entrer?

  1. To Gatekeeper Systems USA Inc., for the maintenance and repair of on-board vehicle video systems in approximately 3,000 SEPTA (revenue and non-revenue) vehicles, with services to be performed over a period of three years scheduled to commence in October 2019, along with two one-year options to extend the contract at SEPTA’ s sole discretion, as described in the staff summary on this subject, for a total contract amount not to exceed $8, 970, 000, Sealed Bid No. 19-00071-APES - Vehicle Video System Maintenance Program.

Gatekeeper Awarded Annually Recurring Video Service Contract for SEPTA’s 3,000 Vehicles of C$11.8M over 5 years

Abbotsford, British Columbia–(Newsfile Corp. - October 17, 2019) - Gatekeeper Systems Inc. (TSXV: GSI) (OTC Pink: GKPRF) (FSE: 1GK) (“Gatekeeper” or the “Company”), a leading provider of high definition video surveillance systems developed to protect people in transit, is pleased to announce that its wholly-owned subsidiary, Gatekeeper Systems USA Inc., located in Bristol, PA, has been contracted by Southeastern Pennsylvania Transit Authority (“SEPTA”) to provide annually recurring vehicle video system maintenance services for SEPTA’s approximately 3,000 vehicles.

This annually recurring contract is valued at approximately C$2.36 million per year. SEPTA has approved an initial three year service term beginning in November 2019 for approximately C$7.1 million, plus two one-year extension options, for a total potential contract value of up to C$11.8 million over five years.

SEPTA is the sixth largest public transportation system in the U.S., providing over 300 million annual passenger rides for nearly 4 million people in Philadelphia. SEPTA is actively using video evidence as protection against fraudulent claims and has installed more than 27,000 video cameras on vehicles and in stations.

Doug Dyment, President and CEO, commented, "We are extremely pleased to be awarded the vehicle video system maintenance contract from SEPTA. Our relationship with SEPTA began approximately 18 months ago when we made the strategic decision to expand our efforts in the US transit industry. Since then, we have won several transit-related contracts which has driven significant growth in our company. Gatekeeper’s vision to add layers of recurring revenue streams to our business model is being executed on by our team. Our innovations in video management and analytics, together with our excellent customer service, has been validated by way of this contract and we are proud to be SEPTA’s video solutions provider.

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Quelles sont les cibles sur ce titre au niveau fondamentale?

Transcript of update interview with Mr. Douglas Dyment & Mr. Jeff Gruban
Respectively President & CEO and VP of Sales at Gatekeeper Systems Inc.

GSI_Interview2.pdf (163,8 Ko)

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Cible Atteinte. Tous les warraants sont expirés et en conséquence enlève ce plafond a .40. Laissez les profits s’accumuler.

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Est-ce que quelqu’un peu m’expliquer quel en est l’impact d’un Market maker. Merci

Cette phrase du communiqué de presse résume assez bien le rôle du market maker: ‘‘ITG will trade shares of Gatekeeper on the TSX Venture Exchange with the objective of maintaining a reasonable market and improving the liquidity of Gatekeeper’s common shares.’’

En gros, le market maker met des bids et asks dans le marché afin d’améliorer la liquidité du titre.

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J’ai parlé à Doug à ce sujet récemment et voici la raison d’être:

  1. Limitez la différence entre le prix demandé et le prix offert.
  2. aider à établir un marché juste et ordonné;
  3. améliorer la profondeur du marché et augmenter la liquidité en entrant des ordres des deux côtés du livre;
  4. ajouter de la stabilité et de l’efficacité au marché et accroître l’efficacité du mécanisme de détermination des prix;
  5. Agir en tant que liaison avec la société en fournissant des informations à la société concernant le partenaire commercial.

Je ne suis pas un inconditionnel des teneurs de marché pour les microcaps, car je n’ai pas constaté d’impact significatif sur le trading dans les sociétés que j’ai regardées. J’ai mentionné à Doug qu’il serait plus efficace d’investir cela dans d’autres initiatives de relations avec les investisseurs.

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Du coté technique, un triangle symétrique est entrain de se dessiner. Les triangles symétriques ont tendance à être des motifs de break out, ce qui signifie qu’ils ont tendance à se rompre dans la direction du mouvement initial avant la formation du triangle.

Le titre devrait trouver une stabilité autour de $0,24 avant de repartir à la hausse.

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L’adoption des stop arm camera semble faire boule de neige au États-Unis, Les sénateurs demandent des fonds à la FED pour aider les districts à acheter les caméras.

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Le triangle est parti de l’autre bord :angry: