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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 > must be ......
View:
Post by Odinson on Jul 28, 2023 10:29am

must be ......

Just about time for another reverse split / consolidiation ........
Comment by Stanny1 on Jul 28, 2023 10:43am
Just did the math.  Only 42 million shares outstanding.   Don't really see how they can do that.
Comment by Odinson on Jul 28, 2023 12:48pm
We don't have any value now so why not? I suspect that given time they will take this private and give all share holders the bone wrapped in sand!
Comment by Pandora on Jul 28, 2023 7:34pm
One never knows -- look at SYTA. They qualified for Nasdaq by doing a 1 for 145 reverse split. They have now been informed that they no longer meet minimum standards. This is the news that was put out in announcing their upcoming AGM: See this excerpt from a news release of July 3, 2023: "The Company's plan is to effect compliance with the Low Price Stocks Rule and the Minimum Bid Price ...more  
Comment by giveup77 on Aug 01, 2023 4:55pm
NO new revenue and remember, TB is the smartest guy in the room. Just ask him. 
Comment by Odinson on Aug 02, 2023 11:13am
Well, he must be, he scammed a lot of us after all!!!!