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Bullboard - Stock Discussion Forum 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... see more

TSXV:ROI - Post Discussion

Route1 Inc > Plurilock
View:
Post by Pandora on Oct 18, 2022 9:52am

Plurilock

Cyber Security with the U.S. government/defence group. is this not an avenue that Route1 used to travel? Is it a difference in technology or a difference in sales ability?

 

Plurilock receives $13.1M (U.S.) in purchase orders

 

2022-10-18 09:37 ET - News Release

 

Mr. Ian Paterson reports

PLURILOCK'S AURORA SYSTEMS RECEIVES US$13.1 MILLION IN PURCHASE ORDERS FOR SEPTEMBER 2022

Plurilock Security Inc.'s wholly owned subsidiary, Aurora Systems Consulting Inc., has received purchase orders from several organizations in September, 2022, totalling $13.1-million (U.S.).

As has been the case to date, many of the orders received continue to be part of the National Aeronautics and Space Administration's (NASA) Solution for Enterprise-Wide Procurement (SEWP) program, a U.S. government-wide acquisition contract vehicle (GWAC), and align with Plurilock's stated goal of expanding within the government and defence verticals.

All contracts and orders announced by Plurilock and its subsidiaries since Jan. 1, 2022, including the latest orders, represent a combined total of roughly $34.6-million (U.S.) in sales.

About Plurilock Security Inc.

Plurilock provides identity-centric cybersecurity for today's work forces. The Plurilock family of companies enables organizations to operate safely and securely while reducing cybersecurity friction. Plurilock offers world-class information technology and cybersecurity solutions through its solutions division, paired with proprietary, artificial-intelligence-driven and cloud-friendly security through its technology division. Together, the Plurilock family of companies delivers persistent identity assurance with unmatched ease of use.

Comment by DesertFox2 on Oct 18, 2022 12:57pm
I would guess a difference in both sales ability and different technology ("unmatched ease of use"). Losing 2 Directors who have chosen not to seek another term.  Not being replaced by the look of it.   Note that on September 19, 2022 news release, it stated, "...and the company's five independent directors in lieu of cash compensation." On October 17, 2022 news ...more  
Comment by Pandora on Oct 18, 2022 6:57pm
Desertfox2 if you have been involved here since 2004 then that outdoes me by far. Loyalty gets you rewards in some consumer markets but not in the stock market. :-)) As I have found out in too many Canadian tech companies the products can be very good but the ability to actually make them a winner is too often not there. I have had a number just go off into the sunset despite a lot of good ...more  
Comment by DesertFox2 on Oct 18, 2022 7:59pm
Well I certainly do hope one of them comes through for you.  You deserve it.  Best of luck.
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