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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

Post by Pandoraon Oct 23, 2024 6:56pm
73 Views
Post# 36279384

Complete lack of interest!

Complete lack of interest!
Looking at the SH list of news releases there has been absolutely no news items other than a notice of quarterly results since April of 2023. That's a pretty poor performance of news as it relates to a company's operating performance i.e. it suggests there is nothing happening that would be of a shareholders interest. It suggests the Company is strictly in survival mode and is doing nothing that would bring value to shareholders.Possibly that is what they wish to happen.-- it's comfortable!

Last year the 3rd quarter report came out on November 16th so we are getting close to that. Then it is all the way to near the end of April for 4th Quarter.

Not sure how many shareholders there are but I would assume there will be a lot less if we go all the way to the end of April in silence mode as far as an indication of growth and progress.

If the intent is to leave things as they are, they may as well take the Company Private and get rid of whatever public shareholders they have. That way maybe everyone on both sides would go forward in a happier mood. i.e. Both sides will get rid of that 'nagging' feeling that overhangs a person and everyone will feel better without it.

The above is all in my opinion -- there may be all kinds of shareholders out there that are quite happy with the way things are, although one must realize even a simple bank account will give you a better return, just in interest accumulation, -- and without the risk of a further loss.

I will evaluate, or should I say, re-evaluate when third quarter results come out. I say 're' because I evaluated after the last couple of reports and I am still here -- and often wondering why!

I believe the acquisition of Spyrus Solutions on Sept. 15/2021 was the last separate news release we have had. There have been "Business Updates" included within a few quarterlies but nothing of major content.


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