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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

Comment by DesertFox2on Oct 18, 2022 12:57pm
147 Views
Post# 35031762

RE:Plurilock

RE:PlurilockI would guess a difference in both sales ability and different technology ("unmatched ease of use").
Losing 2 Directors who have chosen not to seek another term.  Not being replaced by the look of it.
 
Note that on September 19, 2022 news release, it stated, "...and the company's five independent directors in lieu of cash compensation."

On October 17, 2022 news release, it stated, "...David A. Fraser and Edward M. Reeder has elected not to seek another term as a Director." 

When you start paying your employees and executives in shares in lieu of cash compensation, you know the co. is in trouble.  Will dilute the common shareholders.  Remember when they were buying back their shares?  Sadly that action did nothing to spur this co. going forward. 

I began this journey with some of these people going way back to 2004, "Environmental Management Solutions" (changed name to "Englobe").  Wondered how long they could keep going.  And here we are.  Are they waiting and hoping someone will buy them out?  

In my opinion, Busseri thought by showing a base in the U.S. (with him at the helm), would help expedite orders from the U.S. Government.  Looks as if the "Buy American" did not work out.

You Pandora, deserve an honour for loyalty.  Sorry for all the other longs as well.

Good luck going forward.
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