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Bullboard - Stock Discussion Forum 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... see more

TSXV:MTLO - Post Discussion

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Post by Mostlyserious on Aug 22, 2023 10:10am

Conference call

this morning must have gone well.  Delayed quote after the opening shows nobody dumping.  Then again, with not one share traded, clearly nobody on that call is seeing the light at the end of the tunnel worthy picking up any shares at this point in time.  Or at least the light which is clearly not that of an oncoming train.

When they provide the audio recording, I will at some point roll through it. Apologies to the CFO, that part I will skip because the NR has sufficient detail - Mitel hanging steady, total flagship product sales lesser than just the decline of the legacy sunsetting revenues.  I know that will end for sure, when legacy sales disappear completely. And still far from turning a profit; cost optimization of CEO's salary should have been one of the first things that the CFO should have implemented. But who am I to know, I have never burnt millions of dollars, let alone over 10 in a few years.
Comment by 1Investdilemma on Aug 22, 2023 8:18pm
Martello is apparently on the right highway, albeit a slow and winding one. Key financial metrics trending in the right right direction. The new CGI partnership, due to CGI's size and global scope, could potentially produce solid revenue streams and sooner rather than later. A long sales cycle is an ongoing headwind filled with many check points that is, however, being addressed with the ...more  
Comment by Mostlyserious on Aug 22, 2023 8:38pm
Yes, they have never been on the wrong highway. Yes, sales are tough.  They would be easier if customers were as convinced as Proctor and as Mathews of the need for their product. Why do they have to convince customers about the communication issues they are facing? Is CGI the new partnership they should have announced?  Does Proctor think they are too good to announce any good news ...more  
Comment by 1Investdilemma on Aug 22, 2023 10:59pm
The whole management staff, the entire company, still face an uncertain future. Let's keep in mind: In 2021 MTLO Launched Vantage DX Teams & M365 Service Quality Platform on Azure Marketplace (2.8M Users) In 2022 MTLO became a Microsoft Elite Partner   THE MICROSOFT MODERN WORKPLACE IS CRITICAL TO BUSINESSES     88%    of businesses say Microsoft ...more  
Comment by Mostlyserious on Aug 23, 2023 7:26am
Over decades of investing, many times i have found that common sense beats out thinking that I don't have the expertise to beat out the techies in a business. Let's round it to $600k revenues for 1,000,000 users per quarter.  That is 20 cents per month per user....to solve a connection problem.  If a company lost 1 hour of productivoty per month per user because of connectiviry ...more