Route1 Inc V.ROI

New Press Release - Route1 Announces Q2 2022 Financial Results

TORONTO, ON / ACCESSWIRE / August 24, 2022 /Route1 Inc . (TSXV:ROI) (the "Company" or "Route1"), an advanced North American provider of turn-key engineering and professional services, today reported its financial results for the three and six-month period ended June 30, 2022.The Company's...read article.

[Pandora]

No conference call scheduled -- is it not normal protocol for them to have a follow up conference call? Everybody is quiet but then maybe nobody is here. I have one question regarding Mobikey which at one point was the creme de la creme as far as ROI went. Something I need clarified for me regarding the following statement: "Route1 renewed the MobiKEY service to DISA's Joint Service

[yp01048]

I have been out of this stock for some time, but from what I do remember, JSP was not the navy. It was the pentagon. Navy never really announced any sales. It was always waiting on an ATO which seemed to have to be renewed after each service provider change. From HP to whoever it is now.  Good luck to all those stil holding.   

[knowsjack]

Good question. Though ROI supports Mobi tech for it's entrenched existing customer; without any consistent new sales, market expansion or net sales growth in Mobi, it appears that ROI essentially shelved Mobikey a long long time ago.The result is that the important thing to forecast is not a Mobi growth rate but instead would be the attrition rate of ROI's small annual Mobi income base

[Pandora]

So does that say we are transitioning away from being a cybersecurity company and the primary business is that of Licence Plate tracking technology with a secondary on the "rugged" laptop equipment sales provider -- and then the "sensor" business, whatever it is, going in the direction of the cyber business i.e. twilight years. On that basis how growth dynamic can license

[giveup77]

Yes, its that laughable. Pathetically run company.

[Pandora]

Tapping the 52 week low again - maybe a lot more than 52 weeks! Can we say people are getting fed up because they see or hear nothing that indicates an improvement in future earnings.

[knowsjack]

100%.  And now the ROI BOD is asking to dilute it's own shareholders by paying itself in additional shares that it has already devalued to $0.10; down from the $2.80 value it began with 12 years ago. Given it's history: How does the ROI align with it's shareholders? dyodd knowsjack