RE:Eight Capital comments on Martello Technologies Group Inc.I would guess that after reading the financial news releases, not too many folk will keenly look at these reports, especially the financial estimate projections.
I was just curioua about their target and rating. They think there is ten cent value but at 2.5 cents they do not rate it as a "buy". That tells me about their confidence in their ability to assess the company.
I do believe that many of us don't think things will get much worse. Or perhaps losing the last 2.5 pennies is pittance to how much has already been lost and losing everything is worse but not "much worse".
Typical microcap where great promises meet reality and unless you pulled the plug at the first glitch, it ends up under your pillow. With these risky ones, you hope to hit a home run on one to make up for a few "typical" ones.
The wait continues. We know legacy business will continue declining at a good clip. We don't know the clip of DX Vantage growth except that it is far from impressive right now especially considering that it is also a bundling of some previously existing components.