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Route1 Inc V.ROI

Alternate Symbol(s):  ROIUF

Route1 Inc. is a technology company that enables its clients with data-centric solutions. The Company brings security and operations together with real-time actionable intelligence to enhance safety and security. The Company has a background in software development, network operations, and cybersecurity. It provides advanced data in a usable format from video capture technologies to enhance safety and security and improve operational efficiency. Its solutions include enterprise solutions, smart communities and turn-key engineering services. Its AutoVu ALPR (advanced license plate recognition), manages its parking lots with pay-by-plate technologies. Its surveillance and video intelligence technology includes Omnicast, Stratocast, Body-worn cameras, In-Car Video and Synergis Access Control. Its Security Center Synergis IP access control connects to third-party access control devices. Its services include advisory and analysis, project management, design and engineering, and others.


TSXV:ROI - Post by User

Comment by knowsjackon Jun 09, 2022 3:12pm
131 Views
Post# 34744819

RE:RE:New Press Release

RE:RE:New Press Release
yp01048 wrote: Wouldn't the 5k a month be better spent on buying back the shares? What a waste of money. Consistently buying back the shares would probably do far better than whatever this is if they truely believe they are undervalued.

I don't know. After 12 years invested in this company, even though I sold my shares.. I feel like this will always be a failure. Maybe a total new management team can shake things up. This is by far the worst investment I have ever made. 


Nope.
Buybacks only increase share value if a corp. is systematically growing it's sales and customer base. To date - ROI doesn't do that. And until it does - it's just an asset elimination scheme - Great for tax loss selling - until there's nothing left to lose.
 
btw. This new-ish $5k/mo. market-maker arrangement has already resulted in a dramatic share value loss - from $0.23 in Feb down to $0.12 in June. Now ROI's treasury is already +$15k lighter and it's market cap is almost halved.  And ROI re-upped for more of the same?

ROI's ongoing expensive distractions aside, on an actual business note...  Has ROI actually sold anything to any new customers in 2022?


dyodd

knowsjack
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