Martello Technologies Group Inc V.MTLO

Scenario 2

[Trevor876]

Another way to go but also necessary is the CEO is gone, one of the two co-founders steps up to run the company, without pay, saving Martello $400,000 a year instantly. The board is brought down to 4 members, the 2 co-founders, Antoine and John Smith. This would save about another $250,000 a year instantly. A merger MUST take place with Enow or Exoprise allowing for their CEO to become the new CEO of Martello. Offices around the world need to be closed immediately saving on rent and people work from home, saving additional cash. Mitel needs to step in and start putting Martello services on 100% of their products, not the 35% it is now. Wesley Clover as the majority shareholder offers a revolving line of credit for $20 or $30 million. This is to be used for another acquisition either Enow or Exoprise.

[steevee84]

while I love reading your posts and assesments Trevor, one thing you failed to include in your scenarios is a product or products that are not needed by the market. When factoring in that part of the puzzle, you're essentially saying it's going to be a completely new business on the other side of each scenario

[Trevor876]

Yes I forgot to mention that because honestly I don't have a good answer for you, I am trying to think of one. It's a want not a need service. Hard to charge a premium for that. The ONLY it seems to have going for it is that it's high margin. 

[steevee84]

I agree with you there that the only thing they got going is the high margin... But my rebuttal for that is, I would think it's much better to be mid-margin profits in a growing revenue stream than a high-margin in declining revenue

[canyousayiii]

What good is high gross margin if it is more than eaten up by all the other expenses? I have seen companies with less than half the gross margin percentage of MTLO, but pull out positive cashflow and profits with less revenues. Not much comfort in high margins on this microcap play when almost a million bucks goes just to the CEO and the board. It is just an accounting allocation game IMO...move

[PatiencePays123]

Rest assured Terry is worth billions and will light a fire cracker in this. He has publicly stated his commitment to the vision. He will put more money if needed and do what it takes for this to work, IMO. The wheels are not falling off the bus like the sp implies.

[steevee84]

man Patiences, you're making me sick with your predictions after 3 years.

[Mikeyrob]

Some people just remain in denial. 

[steevee84]

seems that way. Is that Mathews master plan? To wait until the company is in its worst position ever to light a fire? Why not light the fire when there was a glimmer of hope?

[Mikeyrob]

Class Action is looking pretty good

[canyousayiii]

I think it is common sense to see that as part of the problem. He is worth billions of dollars, and had this been an investment worth a few hundred million for him, he may look at things differently. I am not a fan of him putting up money at cheaper and cheaper stock prices thereby diluting the rest of us. I would rather he crack the whip and demand performance that will generate the cashflow so