Route1 Inc V.ROI

New Press Release

[Pandora]

And is this what everyone was waiting for? Is this likely to help the SP get back to the 4 cent area (40c)

"The purpose of the agreement is to make a two-sided market in the Company's listed common shares (the "Shares") and provide liquidity to the market. ITG's objectives include: (i) limiting the difference between the bid price and the offer price for the Shares; (ii) assisting in maintaining a fair and orderly market for the shares; (iii) enhancing market depth and increasing liquidity; and (iv) acting as a liaison between the Company and the market by providing information regarding the trading pattern of the Shares. The fee for these services is $5,000 per month, payable at the beginning of the month from the Company's resources."

[yp01048]

Wouldn't the 5k a month be better spent on buying back the shares? What a waste of money. Consistently buying back the shares would probably do far better than whatever this is if they truely believe they are undervalued. I don't know. After 12 years invested in this company, even though I sold my shares.. I feel like this will always be a failure. Maybe a total new management team can

[knowsjack]

Nope. Buybacks only increase share value if a corp. is systematically growing it's sales and customer base. To date - ROI doesn't do that. And until it does - it's just an asset elimination scheme - Great for tax loss selling - until there's nothing left to lose.   btw. This new-ish $5k/mo. market-maker arrangement has already resulted in a dramatic share value loss - from $0

[Pandora]

How many years has ROI been a functioning company? Flubber must know. I can account for ten years. According to Stockhouse data, after a minimum of ten years, the marketcap for ROI is $4.77M for a thriving company? Now you can compare that to a new company EV Connect Solutions Inc. after being incorporated on May 10, 2022 has just been purchased for a mere $10M value despite having absolutely no