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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
Post by yp01048on Jul 30, 2019 11:41am
64 Views
Post# 29975005

NCIB?

NCIB?Its really great to see the NCIB buying at these levels.. However a few things concern me. 1) Eventually, the buyback has to decline, or slow down. What will happen to the price then? There is only a finite amount of money available to keep buying the stock. OR 2) Will the company support the price until something happens where it no longer needs the help? i.e the settlement, some kind of sales, etc? I still fear when the buying stops, after consolidation.. we will drift again. I don't believe that the consolidation is a guise to issue new shares. I certainly hope after consolidation and we establish a new floor, and the company looks to apply to the TSX for uplisting. I don't know all the requirements, but from google, they need to provide a 24 month forecast of potential revenue, and have access to 2 million financing if needed. Going to the TSX would certainly give us some life...I hope they are heading down this path.
Bullboard Posts