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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

Post by Trevor876on Jul 26, 2021 4:37pm
123 Views
Post# 33606068

Scenario 2

Scenario 2Another way to go but also necessary is the CEO is gone, one of the two co-founders steps up to run the company, without pay, saving Martello $400,000 a year instantly. The board is brought down to 4 members, the 2 co-founders, Antoine and John Smith. This would save about another $250,000 a year instantly. A merger MUST take place with Enow or Exoprise allowing for their CEO to become the new CEO of Martello. Offices around the world need to be closed immediately saving on rent and people work from home, saving additional cash. Mitel needs to step in and start putting Martello services on 100% of their products, not the 35% it is now. Wesley Clover as the majority shareholder offers a revolving line of credit for $20 or $30 million. This is to be used for another acquisition either Enow or Exoprise.  
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