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Bullboard - Stock Discussion Forum Martello Technologies Group Inc DRKOF


Primary Symbol: V.MTLO

Technology Information Technology Services
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... see more

TSXV:MTLO - Post Discussion

Martello Technologies Group Inc > What in the actual F....
View:
Post by JProctor on Jan 23, 2023 8:30pm

What in the actual F....

"The proceeds from the Private Placement will be used as a repayment to the Company's primary debt holder." So they just issued 54 million new shares, obliterating existing shareholders to use the funds to pay back debt?  What about operating money?  Cause you know they have none of that, they are losing money very fast.  What a disaster.
Comment by Mostlyserious on Jan 23, 2023 11:18pm
They floated a disaster into an IPO and lost a lot of investors money.  Sir should have keptbit for his friends.
Martello Technologies Group Inc