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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 Aug 01, 2019 1:46pm
74 Views
Post# 29984993

Food for Thought....

Food for Thought....So we have had a good few days of NCIB buying which is great, and I suspect the reason for us staying at this price, however... it has to eventually stop. While they intend to consolidate the shares, the timing is so vague. Since it already has all the approvals needed, the proposed consolidation has to happen prior to Dec 31 2019. Remember, this was originally introduced in 2015 and approved at the AGM. Every year since then it has been reapproved at each AGM. So my thoughts are that maybe they are waiting for some material news to happen, then the consolidation? If institutional investors are interested in buying, they would have to see something positive before doing so, not just an inflated stock price. The final rulings on the motions presented are due by end of summer, and I remember Tony saying end of August on a CC. Could mean that they are waiting for that ruling, which hopefully is in our favour, and then maybe Airwatch will finally offer some kind of settlement sooner than the Trial Date. If favourable, then the stock price should rise on its own, then they do the consolidation. These are all just random thoughts, but by them not really giving a definitive timeframe in the news release, I am trying to rationalize why. I suspect they are trying to establish a base at .05 cents, at the least. Had they not been buying back the stock, we might even be back at .035 cents given the looming threat of consolidation. And, with all the research I have done on institutional investing, minimum price has to be $1.00. So if we can get to .10 or higher alone with some positive news etc, they will probably consolidate at that time. I would love to hear others thoughts on any of the above..
Bullboard Posts