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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. It brings security and operations together with real-time actionable intelligence to enhance safety and security, drive profitability and improve operational efficiencies. It is engaged 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 and smart communities. 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

Bullboard Posts
Comment by SOX2STOXon Apr 09, 2011 11:08am
180 Views
Post# 18408885

RE: LAUGH OR CRY?

RE: LAUGH OR CRY?A-Hole is the one crying now because he/she/it hasn’t scared enough shares out of the hands of retailers yet, and the budget crisis has been resolved.

Re: “why didn't the companies use the money before this crisis to buy products and support”
- both government and companies were using R1 products before the crisis; how did you miss all that information evidenced in the financial results?

Re: “This budget did not add money it took it away.”
- yes, and R1 technology will help them save money by not having to maintain so much software on many local computers; instead they only have to maintain the architecture on each server.

Re: “Another question is why did this prevent ROI from selling products? ”
- because under the budget crisis, government spending was limited to mirroring spending in the prior year; R1 didn’t receive several purchase orders until later in 2010, therefore without a new budget, new spending couldn’t happen until later in 2011;
- now that the budget is in place new spending can occur sooner (ie anytime now).

Re: “the US limit on borrowing is up and all money will be gone unless they pass a bill to increase their borrowing amounts”
- as mentioned above, R1 technology will save money, this is the type of change/technology that the US Government needs right now.
Bullboard Posts