Martello Technologies Group Inc V.MTLO

.20

[Mikeyrob]

Absolute Junk... Proctor has to go!

[PatiencePays123]

I want this company sold for 35-50 cents a share. GET YOUR ACT TOGETHER BOARD OF DIRECTORS AND DO SOMETHING.

[Ubetiam]

WHAT??NO PATIENCE NOW?..LOL

[Mikeyrob]

you should email the company.... because you will need alot of patience to see that range again! Running this copany to the ground it looks like and proctor is the fall man

[PatiencePays123]

Private equity should be looking at this as well as the following Canadian companies: Enghouse, Constellation Software, Open Text, BlackBerry, Absolute Software. I am sure there are many more American ones too. This valuation is a joke for a company who is growing and a clear reflection of the sleepy management and board. Better luck next time you lazy bums. Sell the company for what you can get

[JackBNimble26]

what has changed with you? Up until the q2 report you were an unabashed cheerleader.

[PatiencePays123]

I still like the business and opportunity. I just feel that these guys don't move fast enough, and if the company were owned or backed by deeper pockets, it could capture the opportunity ahead in a faster way.

[JackBNimble26]

Absolutely agree with that. The founder of GSX might be a great CEO of Martello. He seems to have a sales team that can sell, not just collect a paycheck a la three paychecks till Christmas. I am very concerned however with the unending stream of shares preventing any upward movement. Someone unloading or Bay Street games to shake out weak stock?

[PatiencePays123]

Comes down to lack of buying interest. Supply vs. Demand.

[UpNAddEm]

Remember when this happened: https://martellotech.com/blog/tag/microsoft-office-365-outage-today/   It was and still is a big deal and they didn't capitalize on it at all.  I'm sure this put us on a "must have" technology list for those in the IT world, but  that was really something that mgmt should have taken the ball and run down field with to capture new

[jermoguy]

Exactly.  Opportunity wasted.  But I cannot ignore that fact that this may be a harbinger of things to come.  I agree that Gizmo detection is a huge deal and a big showcasing of the product.  But if you can't get people excited about the big things, it is gonna be an uphill climb getting people excited about the myriad of little things that will periodically boost some life

[Mikeyrob]

The selling at these levels doesn’t make sense... there is definitely still manipulation but it’s a pretty sad investment. They have not built investor confidence at all

[canyousayiii]

If its not just some churning, i think people are just taking there money elsewhere to make money. They can always come back in a couple of months with extra money in their pocket. This one is developing an ugly reputation of 2 steps up and 2 steps down.

[jermoguy]

I totally agree, and this kind of stuff gives me food for thought... So I don't know about anyone else, but as far as I remember, chickendinner has 1.4 million shares, but he/she is underwater right now with the ACB.  But at 20 cents that is $280,000.  Just think about this....my other only venture stock has gone up over 100% in a couple of months (literally).  So had he put

[PatiencePays123]

One of the most insightful posts I have ever read. We can force a sale or strategic review process if we all pool our shares and work together. Half of the Board owns nothing and let's not forget, they work for us, the shareholders. This Board and team are proving they are not cut out for the public markets and should be a private company instead. We need to keep hounding the board weekly

[NSPfacts]

This post has been removed in accordance with Community Policy

[TruthBeTold7]

This post has been removed in accordance with Community Policy

[#chickendinner]

Hey Jermo, like others here I have stopped adding on dips or runs.  I'm down 30% on a $400,000 cost base.  I'm not one for saying if I had, I would be better off. I made a decision I was comfortable with every time I purchased based on the info available to me.  Knowing what I know know would I have allocated this much to this play, absolutely not but hind sight is 20/20

[PatiencePays123]

We are entitled and well within our rights as shareholders to respectfully write management and the Board to get what we want. I suggest we keep doing so and not let them forget that they work for us. Our concerns need to be heard and strategic alternatives need to be reviewed.

[canyousayiii]

I think he was the CEO of GSX for 13 years, building it up to 4.5 million Euros. I am not sure that is the kind of growth we are looking for here. Maybe someone from Shopify.

[jermoguy]

Well, I can say I respect Patience for not just blindly drinking the kool aid.  Every one of us who does not have deep pockets (I sure don't) wants to see some TIMELY return on our investment.  As I said after the Q2 announcement, I'd be ok if it drops to 24 cents.  20 cents is going totally backwards. All of us have a breaking point, and it's not like this is funny

[PatiencePays123]

Thanks Jermo. Keep putting pressure on the board. Thanks to the other poster for the email address.