RE:RE:RE:RE:RE:Four ! LetsGetRichNow wrote: Talking about pretty pathetic take a look at MTLO ....
I was going to mention that yesterday. Sir Terry Matthews used to be Andrews boss and he is also a major factor in Wesley Clover which is a company that YFI got engaged to some time back. Bruce Linton also worked with Andrew and for Sir Terry I believe in years past. He left Martello and went on to make a fortune in the Weed business before coming back as a Co-CEO with Sir Terry at Martello. He has once again resigned earlier this year and I think is dipping his toes back in the weed market again, amongst other things. At this point Sir Terry is putting $2.5M into Martello, once again. It is trading at 2.5 cents and he is buying the package at 5 cents per share under the name of Wesley Clover -- that company that YFI got engaged to, many years ago.
Business Wire June 5, 2018
Sir Terry from all appearances does not seem to be inclined to give YFI any financial support and I have not heard of the association between YFI and Wesley Clover as being a real money producer. It seems he is much more fond of Martello's software business than the wifi business of YFI. Martello's software products include Vantage DX, which provides Microsoft 365 and Microsoft Teams end user experience monitoring and optimization.
"OTTAWA, ON,
July 13, 2023 /CNW/ -
Martello Technologies Group Inc., ("Martello" or the "Company") (TSXV: MTLO), a provider of software that optimizes the Microsoft Modern Workplace, announced today the closing of a non-brokered private placement of common shares in the capital of the Company ("Common Shares") for aggregate gross proceeds of approximately
CAD$2,500,000 (the "Private Placement").
Pursuant to the Private Placement, Martello has issued 50,000,000 Common Shares at a price of
CAD$0.05 per Common Share, for aggregate gross proceeds of
CAD$2,500,000, subject to approval of the TSX Venture Exchange (the "TSXV").
The sole subscriber in the Private Placement is Wesley Clover International Corporation ("Wesley Clover"), a corporation controlled by Terence Matthews, Chairman of Martello, and a Control Person of the Company (as such term is defined in the policies of the TSXV). The Company intends to use the proceeds of the Private Placement for general corporate and operational purposes. The Common Shares issued in the Private Placement are subject to a four-month hold, which expires on November 13, 2023."