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Martello Technologies Group Inc DRKOF


Primary Symbol: V.MTLO

Martello Technologies Group Inc. is a technology company, which provides digital experience monitoring (DEM) solutions to optimize the modern workplace. The Company’s segments include Modern Workplace Optimization and Mitel. The Modern Workplace Optimization segment includes Vantage DX and Legacy Software Products. Mitel includes the Mitel Performance Analytics (MPA) product, software which is developed by it and sold by Mitel to its channel partners and enterprise customers to monitor and manage the performance of Mitel unified communications solutions. e Vantage DX provides Microsoft 365 and Microsoft Teams end user experience monitoring and optimization. It develops software that monitors and optimizes the user’s experience of enterprise cloud communications and collaboration systems to help IT teams. Legacy Software Products, which include Gizmo, iQ, LiveMaps and Domino. It operates in Canada, the United States and Europe, the Middle East and Africa (EMEA).


TSXV:MTLO - Post by User

Comment by Mostlyseriouson Nov 02, 2023 12:15pm
60 Views
Post# 35713801

RE:New Tech Idea?

RE:New Tech Idea?Agreed.  Martello should start thinking about other forms of tech and monitoring.  Current performance is poor and by the interest in the stock, their strategy and strategic implementation is uninspiring.

I am dumbfounded that TM and his investment management team does not see what the rest of the market sees. I realize that his reply could be that exactly that makes him a visionary.  The only problem is that if you go back a few years or when he hired Proctor, the backtesting of the visoins versus performance shows that such a claim cannot reasonably be made. Proctor spoke a few years ago about some 20+ million users by this time or next year.  He beamed talking about reaching a million users this year. 

So, yes, a big thumbs up to Martello thinking about doing something that the market wants and can build some shareholder value.  And that should include a new CEO because the current one is too married to a product and delivery that brought us a 1.5 cent share price.
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