RE:RE:New Press Release - Martello Announces CEO and Board AppointmentsNot to minimize his accomplishments, because we don't have full insight as to what has been happening between the walls of however Martello office looks like today compared to several months ago, but I think it could be reasonably said that a worse job than what was happening would have been difficult to achieve.
It certainly sounds like Jim has cleaned up a lot of stuff. Just by giving that impression, then logically it sounds like this company was a mess. We know financially that it was not well managed, but now it could be that financial struggles may not have been a result of the unwanted product offering but rather the crew and systems around it.
I don't know how to look at the MSFT board appointment. Usually one would see it as a great thing, but being an elite partner or supplier or whatever of MSFT before and landing under that banner just over half a million $ worth of business in a quarter, certainly doesn't carry that connotation of great things happening when you are held in such great esteem by MSFT. But here's hoping that the board involvement is part of "we are really going to clean this up and get it performing to the way it should be performing". Really at the point where the only way is up....the benefit of the other way would be just getting this misery done with.
Hopefully our Chair has gotten really fed up with the past results and has now sunk last tranche of financiing towards really turning this thing around.