Martello Technologies Group Inc V.MTLO

It's after the bell....

[steevee84]

**crickets**

[Trevor876]

My guess is revenue is flat, $4.4 to $4.6 million. EBITDA loss of around $1 million. Same old same old statements of "we're laser focused on growth..........our share price continues to remain undervalued............continue to brag about the GSX acquisition done 14 months ago............Management is happy with the direction of the company"

[steevee84]

unfortunately my gut tells me the same

[Trevor876]

There is no sense of immediacy or urgency with this management team or board of directors to grow and sell to someone. I've been following CloudMD, they made 6 acquisitions in the last 6 months. Grown revenue from $8 million last year to $120 million this year. Lightspeed very similar. This company is still patting themselves on the back for buying an obscure european company for $18 million

[steevee84]

yup and they will have an entire list of excuses for moving forward

[Trevor876]

As far as I can tell ALL that GSX has been to this company is a stop gap from the lost revenue from hotels and legacy products being replaced/not being renewed. Zero growth, no cash in the bank to make any sort of meaning acquisition or make it attractive for a buyout. No mention of a merger with another company or even any commentary from management that they are exploring it. This is what

[steevee84]

Trevor, I agree they haven't mentioned any of that, h3ll... That havnt even mentioned any news of contract wins or new customers even.... This is the laughing stock (literally) of Canada ... These guys are bafoons

[Trevor876]

Thanks. AGM is just around the corner, September, vote your shares boys and girls!! You have a voice!!!

[steevee84]

why would management have any type of urgency ... They are all collecting massive 6 figure salaries for doing absolutely Jack sh1t... They r fukn they shareholders big time

[bullseye2008]

with certainty... yet Proctor still at the healm. Embarassement of a company