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Martello Technologies Group Inc V.MTLO

Alternate Symbol(s):  DRKOF

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

Post by Trevor876on Feb 09, 2021 6:23pm
128 Views
Post# 32520111

A week away from Q3 numbers

A week away from Q3 numbersI think anything between $4.8 and $5.2 million there is reason to hang on a bit longer. But with all the other stocks rocketing up 10,15,20 or even 50% a day it's making it very very hard to keep giving this company time. A leadership change is a necessity. I seriosuly do not want to hear John say for the 3rd quarter in a row "We know the share price continues to remain undervalued and we continue to work extremely hard.......we remain laser focused on growth and sales........."

He first made those comments in September, it's now February, no change at all. They only have $4.2 million in the bank as of September 2020. That is a major problem. No major partner signage in 6 months +, GSX sales are flat, Mitel sales are flat. 

I keep pointing to this but I think it's relevant. John stated at the LD Micro Main Event that they want to be at 50 million Microsoft users by 2024, and that's a low estimate. They are currently at 2 million and have forcasted 3.2 million by the end of this year, so they plan on gaining 47 million Microsoft users between 2022 and 2024? 
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