Route1 Inc V.ROI

I guess no update!

[yp01048]

Would hate to have to wait until March/April for an update, but I checked back and did not see any Jan business update last year. 

Still nothing from then Navy. Pandemic is raging with no really ending in sight, and no big orders on the Mobikey front. I thought we may have gotten another sizeable order by now from either the Navy, or the other department that was fully onboarded last quarter. They did say in October they had hope for an increase in users from the 4K to anywhere up to 10k.

I hope it's coming soon.

[Pandora]

I thought with all of the new online business because of stay-at-home workers we were going to break into the private sector such as banks and other finanacial institutions, at the least.

[Phili2]

Any contracts between ROI and any of the Federal depts may also be caught up in the "Buy American" policy that Biden Admin has just invoked.  There are some long-standing sub-trade agreements and arrangements (e.g. CA/US Defence Production Sharing Arrangement, latest iteration of the CA/US/MX Free Trade Agreement, etc.) that may still overcome this.   Also, not sure how the

[Phili2]

Twitter feed a few minutes ago from the Economist reads:  "The Buy American order was protectionist in spirit. But America’s international commitments also mean that the new measures may not have much effect".  That is often the case - political grandstanding!

[Stanny]

Is ROI still considered a Canadian company here in 2021?Seems like all their business is in the USA . The CEO is based in Arizona. Some parts are produced in Asia i believe. That is fairly common. Not sure if this is an issue at all.

[Pandora]

Seems like today is a whack-a-mole day for small cap Canada. My watchlist is a sea of red.

[mooseslayer]

same here