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Bullboard - Stock Discussion Forum 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... see more

TSXV:MTLO - Post Discussion

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Post by Runawayfox121 on Jun 30, 2021 11:52am

Hey guys!!

Hi everyone. Ive been long time shareholder , first time poster. I had to write in today first time in 3 years ( almost sep 2018) to tell you guys that ive been listening & reading all your posts everyday and feel your pain & frustrations . I finally had to comment after years of dissapoitments . After all weve been through together my final breaking point was this last report that showed loss from the 1 aquisition that was suppose to be the saviour in all this. Even after Proctor asked us shareholders to help him promote this product and help him market ( which i though was terrible) i still had hopes that this ship would turn in a positive directions. After all the signs and looking at the numbers ( dont lie) i finally had to dump my half million shares yesturday and wave the flag on this one. ( cost of oppurtunity elsewhere) Did the math and numbers just arent there. I feel your pain all of you. Sincerely everyone from Mikey Rob ( love your comments) Steevee84 ( thank u for that call) Trevor876 ( very knowledgable should be ceo lol ) Jermoguy ( love your insights and stories brought to try and uplift us through mad times I unicorn ( same very straighforward with reasoning and neutral) Ubetiam ( yes even you as your comments made me laugh ) Canyousayiii ( intelligentally well put thoughts and points that make you think ) Qaloo ,fundmental, hertvald & baysteetpenny bullseye2008( all enjoyed your comments and interesting points throughout this crazzy ride. Patience pays 123( love your enthusiasm lol n positivety) And who can forget Chicken dinner ( true champ of all at near 1.5 million shares . Maybe more. Im sure he had to make some serious financial decisions) It is sad to say i myself had to end this ride yesturday n take a hit down 70k Not as much as some here im sure but still feel all your pain and still share all your frustrations and dissapointments would be understatement at this point of the game. For those of you still hanging on i get it ( hopes this will get better n maybe proctor will get fired and maybe erin will do better in crunching numbers n maybe danforth will actually do his job in marketing and not need our help in doing so. I understand the struggles as for i felt i needed to rip the bandaid off and look for other oppurtunities as this one for prob most of us costs us both directions. Just wanted to say thank you all for your on going messages and insightfull and intelligent remarks and even shared personal stories that made this emotional ride least bit more comforting . You guys in a weird way been like family. Maybe one day we can all sit down and have a beer or 2 over this and either cry sobering over losses or celebrate that weve made it through all this . Either way thanks to all of you and even in efforts in trying to email board members and steevee84 for calling bruce lol that takes balls n passion and you guys have done everything you could. I just wished the ceo/ board of directors and chairman and terry had the same passion and drive as some of you have demonstrated. Wish you guys all the very best sincerly hope this turns around for you that decide to hang in as it takes alot of pounding and heartache to go through the mental anguish and struggles . Admire the character . Will prob still check in with you guys from time to time to see how you guys are holding up and of course to see if this thing can actually succeed. Hoping for all of you that it does! For now runawayfox is on the run and maybe one day will return to the den . Fox out!
Comment by steevee84 on Jun 30, 2021 12:04pm
what a very well thought out post!! Appreciate all the things you said. And sorry that you had to take a loss, trust me we all feel your pain, as we are all taking losses or soon to be. I agree with you the numbers are not there, and the last financials were the last straw for me too. I don't see this turning around at all, and they will continue to raise money to try and keep this dumpster ...more  
Comment by Mikeyrob on Jun 30, 2021 12:10pm
you are a beauty runawayfox, stay welll!
Comment by canyousayiii on Jun 30, 2021 12:11pm
For the company to be looking at positive cashflow within a couple of quarters to no such thing and even analysts not being able to figure out when, screams of a necessary reset in all aspects of the business - management, products, everything. I spoke of Elfiq and how in my decades long investment career I do not recall seeing an acquisition and its disposal happen within such a short time frame. ...more  
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