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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. 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 Mostlyseriouson Jan 17, 2024 8:58pm
83 Views
Post# 35832659

RE: What Martello’s new CEO needs to bring to the table:

RE: What Martello’s new CEO needs to bring to the table:My concern is whether they have an offering that they can work with. Time is passing by, everything technological is evolving rapidly and may be to the point where the vision or the need for DM Vantage's offering is as extinct is dinosaurs.  Now, I am not a techy, but I think it would be hard for someone to argue this compellingly given the sales. 

Based on the revenues so far, licence fees per user are in cents.  And the number of users given that MSFT is supposedly helping with marketing it is rather paltry.  Paltry # of users, paltry revenue per user = MTLO's legacy business declining at a faster rate than the new flagship product is growing = 

1.5 cent stock.

Need someone to come in that will in the first news release say:  this is what the market needs and that is what we are going to develop and sell like hotcakes. (Selling something that saves a multi-national company money the size of a medium company CIO's salary just does not size like a compelling business case.) And we are rebranding every offering and the company as a whole.  And this person, an innovative and an already accomplished young individual, is going to be my right hand person to build a company that is going to issue regular news releases about its business successes.

One can dream.
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