Route1 Inc V.ROI

New Press Release - Route1 Announces New Date for Business Update Call and Web Cast

TORONTO, ON / ACCESSWIRE / February 23, 2023/Route1 Inc. (TSXV:ROI) (the "Company" or "Route1"), an advanced North American provider of turn-key engineering and professional services, announced today a change in date for its upcoming shareholder conference call and web cast.Route1 will now hold a...read article.

[Pandora]

Question is, can this be construed as good news? ie. a few additional days required to finalize some deal that can then be included in the update? Wishful thinking! You have to admit something is required before we simply self destruct. It's been far too long already.

[Stanny1]

Good question.  I don't think its good news.  More signs of incompetence if nothing else.  I actually rushed home to catch this call live.  More wasted time on my part.  They have never before scheduled a call to level set.  ( by the way, i had no issue with that term.  I had a supervisor who would have meetings just to " level set" about ten years

[Pandora]

1000 shares picked up today by our regular daily buyer. Other than that - nothing. This is the day for the big update news and there is no anticipatory trading whatsoever. Will be interesting to see if we just get another 'nothing going on here' update. Seems that's what most people are expecting. We can only hope! "Route1 will now hold a shareholder conference call and web cast

[Pandora]

And 3 hours later at about a half hour before the close and an hour before the CC we have had 17 reads on the post and we still sit at 1000 shares traded. A wealth of interest alright!

[Pandora]

Can I assume that no one on here tuned into the webcast? I see no feedback. Or was it just that there was nothing said that was worthy of mentioning? There is just about always some comment good or bad.

[JM8648]

Pandora, I don't know about others, I know that I couldn't be bothered. 

[Pandora]

https://www.route1.com/wp-content/uploads/2023/02/Route1-February-28-2023-Business-Update-Shareholder-Presentation-FINAL.pdf

[Pandora]

Not hard to tell why there were no comments. The update of accomplishments matches the share price and volume trends of the past year. At least they are in sync. ie. There is nothing that has happened and virtually nothing appears to be going to happen for "possibly" quite some time. 2022 was a write off, it appears 2023 is following the same pattern. It looks like just a tax loss

[Stanny1]

Pandora.  I called in.  Nothing of any news to report.  It was as described, a level set.  Some takeaways.  As he mentioned in the last call, some sales were pre booked in Q3, so Q4 won't be as good.  Q1 has been better.  He sees some momentum in the new model.  They have reduced staff over the past year.  Would like to support the stock price but

[Pandora]

Thanks Stanny. I pulled the report off the web and posted it a couple posts back.

[lscfa]

Slide deck...   https://www.route1.com/wp-content/uploads/2023/02/Route1-February-28-2023-Business-Update-Shareholder-Presentation-FINAL.pdf

[Pandora]

I guess the update conference call set the tone for the year end results. Those I believe are due out about the end of April. April 27 last year. 6 more weeks. And then another month after that for 1st quarter results. First quarter ending March 31st which means we only have two weeks left. IN other words management knows right now just how the first quarter is doing. In the meantime we are stuck