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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 Trevor876on Dec 22, 2020 5:02pm
131 Views
Post# 32163332

RE:RE:Last earnings release

RE:RE:Last earnings releaseMitel earns Martello $2.5 million a quarter right now. or $10 million a year. If they were to sell it for the same valuation, or a little more, than GSX then we're talking about a $30-$40 million cash influx into the company. Mitel would really be the only buyer so tough to negotiate a price with only one interested candidate. I also mentioned to Bruce that a $4.1 million cash hoard is a joke in today's tech world. This will get us nowhere. I also mentioned that tech IPO's are coming fast and fierce in 2021 and Martello has to compete that much harder for investor dollars.

Wesley Clover needs to step up and make commitment. Purchase shares, make an influx of $15-$20 million so we can actually do something and have a chance at competing for survival. 
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