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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 canyousayiiion Jun 30, 2021 8:50am
71 Views
Post# 33472196

RE:Disappointed

RE:Disappointed SP effectively at the low of its public life. Better companies go through growing pains pre-IPO and then hit the ground running. Looking back, Elfiq was acquired after the IPO and disposed of less than two years later. Can't remember the last time I've seen someone make an acquisition and give up on it so quickly - pretty well an admission that a mistake was made and when you are talking about acquisitions, it should not be like changing underwear. Then GSX was acquired effectively as the future of MTLO, and it is having some growing pains, where in a software world you may not grow out of unless you are very quick, nimble and get it right. You strip these things out and MTLO went into an IPO from a position of weakness - a mature product, on a decline. If I am looking at this reasonably, then MTLO strikes me as some side thank-you project to former Matthews and Linton associates given the connections between so many of the board members. Matthews and Linton need to step up IMO because this company led by two co-chairs should be a super-nova and not a target for some asteroid to make it part of history of shareholder value destruction.
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