Martello Technologies Group Inc V.MTLO

Asks

[Mikeyrob]

Was going to buy more at .205 but then looked at the asks and realized this company does not deserve more of my money. An absolute joke of an investmnet at this point and if a lockdown is announced somehow this garbage will find a way to go down more too even being in the TECH SPACE!!! Absolute bag

[Mikeyrob]

Sent an email and stated that the mismangement of this company is becoming an embaresment and that they should be ashamed of the results with the names and experience they have on the board and within the company. I would encourage everyone to do the same or you can be like patience and cheerlead till 2040 at that point this tech will be obsolete

[Ubetiam]

haha..1 of the few like me who speaks the truth!@

[Trevor876]

Good job. As much fun as it is to debate and talk on these boards at the end of the day if we want change we need to pick up the phone or send emails to voice concerns and demand solutions with timelines. I sent a few emails to Tracy and cc'ed John on them but never get a reply so I started calling and leaving messages with my comments and concerns about this company.  They need to know

[canyousayiii]

Sounds likebitbis working. Not even one acknowledgment of your emails? But to be fair, they may be doing the best that they can already .

[JackBNimble26]

If if "they may be doing the best that they can do already", then its time for a change to shakeup the place. Why? Because its a very competitive environment within this industry space and there are bigger players on the field. It means the smaller firms have to be more creative in finding new customers to sell the great products of MTLO.  If the products are ready and proven

[jermoguy]

I am sorry to say but it is disconcerting to hear that neither Tracy or John reply.  This is not a big company.  The executives should be accessible and given what I perceive to be an increasing issue with communication, transparency and leadership, it is incumbent on them to address legitimate inquiries of them, as long as they are asked in professional, courteous and constructive way.&

[Trevor876]

With the 2 of the 3 analyst ratings coming out this week they have a target price on Martello of 50-70 cents a share. Waiting on the PI Financial report to see if they up their 45 cent price target. I know analyst ratings can't be taken very seriously but if I am on the board and I see 3 ratings firms price my stock at 2 and 3 times what it is right now I am questioning whether I have the

[JackBNimble26]

I totally agree. The CEO should be accountable to the Board meaning that the CEO should not be on the board. The only exception should be when the CEO is the founder and or holds a major ownership position. In the case of the current CEO, he was neither the founder nor does he own any shares.  The board is established to govern and to protect the interests of the shareholders. It is time

[canyousayiii]

They will never answer some of those questions, and as for the board, if Matthews and Linton dont see anything out of whack with it, nothing will happen. And obviously they dont because if they did, the board would not be that size when the company was even smaller. If they saw a problem with $500,000+ cost of the board to shareholders, then they would deem their pay to be a problem. In the end

[Hertevald]

@Trevor,  Patiencepays posted the PI Financial report on Nov 11,  https://www.pifinancialcorp.com/ui/getResearch?key=rfwVmdnRxUjvoOd8PodJQ4ToeUI8DO6ZhJ1bzsAR

[Trevor876]

Missed that. Thanks for posting the link.

[PatiencePays123]

I appreciate your posts Trevor.  I don't think a merger is likely unless it is with a private company that is not well known. I am sure that other companies in the software space are taking notice of the very low valuation right now. M&A is a very active theme in software right now. They are on a 17.6 million run rate at 95% gros margin and 95% recurring revenue and growing revs with

[jermoguy]

Trevor - your posts are detailed, informative, well thought out and sensible.  I can't argue with anything you have said, and you hit the nail on the head and this is exactly what I have been saying about promotion, marketing, etc.  Going back to the Martello t-shirt thing - well, they are overpriced, but at least two of us are brave enough to admit we bought one.  And the stock