RE:RE:RE:RE:RE:RE:MTLO CEO interview on Thursday, April 20 oh don't you worry MikeyRob, Proctor has incredible incentive to grow the business.
When the flagship Gizmo product is growing at 60%+ annually, does it matter if the market cap of $50 million has 300 million shares or 50 million shares? I'd say fewer is better for a tighter structure, however a $50 million cap is a $50 million cap any way you slice it.
Companies with 60% SaaS growth and 90%+ margins doesn't grow on trees. The growth profile for MTLO puts them in the top +/-1% of SaaS tech.
I rarely hit Stockhouse as the boards are generally trash but it sounds like the lot are some disgruntled legacy shareholders here...a bit of hair on this one creates an incredible opportunity for new blood like myself. A bit under water but happy to be holding a decent amount of shares heading into the future.
Mikeyrob wrote: Yup, no wonder proctor didn't break bank for the shares he bought. It would be pure stupidity. Do this consolidation soon... especially after a declining share price with 3 public offering in 2 years.