Route1 Inc V.ROI

Q1 report out - positive

[cleareye]

The report can be found on the "NEWS" section of this site.

Good to see positive net income and growth of top line.

cleareye.

[mooseslayer]

I hear the insurance payment was not in Q1 but they should get it any time.

[DesertFox2]

See "Route 1 MD&A for the three and nine monhs ended September 30, 2020", page 14. "In the quarter ended September 30, 2020, the company was the victim of a fraud..."  The fraud cost the company $625,882.00.  Co. stated, "Company expects to pursue coverage from its insurers WHICH HAVE NOT SUPPORTED THE COMPANY'S CLAIM FOR RECOVERY."

[lscfa]

No bloody explanation why subscription revenue was down from Q4.    Did co lose some subscribers?   $1.977 mil vs. $2.015 mil.

[yuriblue1969]

US dollar weakness. Needs to be converted to Canadian.

[DesertFox2]

. Route1 Inc. March 31, 2021 and 2020 (stated in Canadian dollars).

[lscfa]

Good point. Maybe co. should report no. of Subscribers so there are no misinterpretations....       Fx Avg for qtr $cdn $US Q4 1.3030 2,015,000 1,546,431 Q1 1.2666 1,977

[mooseslayer]

Looks like the shorts are have covered over a million shares. Shorts dropped from 2.6 milllion to 1.6 million as of last report. I think this is updated twice a month.I expect this to go back to .80 soon.  SHORT VOLUME SUMMARY: TSXV:ROI.V 15 DAY JUL 2020SEP 2020NOV 2020JAN 2021MAR 2021MAY 202100.5M1M1.5M2M2.5M    

[Pandora]

Never really thought we would see it again but it looks like we are heading back into that 4 cent (pre-consolidation) level again. I really thought that was a thing of the past. Financials obviously did not do the trick - can we say we need some "growth" news? Or what? Looks like the end of August before another quarterly.

[knowsjack]

------------------- Yup for sure.. no surprises.. Obviously nothing has changed, the market looks ahead, not backwards. An excellent plan to address ROI's perennial stock market reality might be for ROI's BOD to start with a houseplant. Then someday when it's smiling, confident and prepared - graduate to consistanty growing annual sales. Every year. Until then, there's always

[mooseslayer]

I bought about 90k shares today. Anonymous (TD) should be almost out now