Events are sent when pin has logical "1" on its input.

If Byte 6: REPEAT is non-zero, GPIO-24 adapter sends events every REPEAT * 100 ms while the pin has logical "1" on its input .

If Byte 5: DEBOUNCE is non-zero, the event is sent only if logical "1" is stable for a predefined period of time. The time period is defined in ms.
