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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 > You gotta hand it to Tony
View:
Post by flubber2k24 on Apr 25, 2024 3:22pm

You gotta hand it to Tony

I have no idea how these guys managed to not have a going concern issue. Maxed out operating lines. No cash. Flatlined revenues. how are they getting away with capitalizing software as intangible assets when clearly that has to be mobikey x, and that is heading to zero with a bullet? what are the auditors doing?

the cto who left more than a year ago is listed on the website as their CTO still. Tony is the new CFO but they call Chodos the CFO in the financial statements. Where is the regulator? Anybody putting their money into this house of cards at this point is crazy
Comment by Pandora on Apr 25, 2024 5:56pm
Did anyone get in on the conference call? Was there a hint of anything else other than maintaining things as is i.e. a good income to provide operating costs as is with very little indication of major change over the next 3 - 5 years? i.e. Comfortable but no excitement!
Comment by knowsjack on May 03, 2024 7:05pm
Since ROI buried Mobikey in a tiny shrinking us military market a decade+  ago at the expense of expoiting Mobi's global potential  - mgt has been managing an empty shell of multiple minimal products that they occasionally try to sell - but don't succedd in doing any meaningful way.  Mobi itself - reconfigured  or integrated into existing systems etc. probably has ...more  
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