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Bullboard - Stock Discussion Forum Route1 Inc V.ROI

Alternate Symbol(s):  ROIUF

Route1 Inc. is a technology company that enables its clients with data-centric solutions. The Company brings security and operations together with real-time actionable intelligence to enhance safety and security. The Company has a background in software development, network operations, and cybersecurity. It provides advanced data in a usable format from video capture technologies to enhance... see more

TSXV:ROI - Post Discussion

Route1 Inc > FOR MORE INFORMATION CONTACT T.B. , WHO WON'T CONTACT YOU
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Post by flubber on Jun 15, 2022 9:56am

FOR MORE INFORMATION CONTACT T.B. , WHO WON'T CONTACT YOU

As he doesn't like to be challenged as to the failure of the company. Just added another expense as the share price fell to a PENNY.  Still waiting for a real NEWS RELEASE Tony Busseri has left the building. Such a failure for investors.
Comment by Pandora on Jun 15, 2022 3:48pm
We're up a cent and a half -- somebody must like the new guy.
Comment by knowsjack on Jun 15, 2022 6:54pm
WooHoo! 12.5cents! Though more likely is that the new guy probably spent some lunch money on a few shares as a quid pro quo. He's likely never to be heard from again if history is the guide to ROI's high profile new hires.. More importantly, is ROI expected to massively devalue itself again by consolidating it's shares in lieu of any sales growth again this year? Or is going private ...more  
Comment by Pandora on Jun 15, 2022 7:27pm
There's only 40M shares left after the last consolidation. He possibly missed the opportunity to do a financing while the price was still up a bit. But if you knock the share count down again what is to be gained? Do you want a 1 for 4 to get it back to 40 cents again? Is there an advantage in doing that? He could go for an 8 cent or 10 cent financing at current prices but is it really ...more