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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. Its 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 JackBNimble26on Dec 01, 2020 5:54pm
111 Views
Post# 32014773

RE:2 million shares on Ask to .22

RE:2 million shares on Ask to .22That is likely a good indicator that someone is accumulating big time. That could be a false wall to continue scaring out stock. Think about it. If a company wants to buy a company, it will be at a proposed price to be subject to the acceptance of the shareholders. They don't want to announce an agreement to sell if there is a lot of risk that they might not get all the shareholder votes needed. And if the insiders involved in the negotiation own only a minority of shares, that means that there is a lot of risk that the acquiring company may have to up their price to get the votes legally needed. It is somehting like 90% but I am not sure. So if someone has already expressed an interest, from that time to the present, shares are being accumulated so that they become friendly shares in favour of the proposal. With everything else in this space taking off, there is something really strange going on at MTLO, almost by design it would seem...
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