Martello Technologies Group Inc V.MTLO

layoffs

[Fundmental]

apparently lots of lay offs on Friday.  People getting raked for bad management and cr@p CEO

[Mikeyrob]

Proof please

[JProctor]

if this true, in a time when their business should be prospering, that truly is sad and pathetic

[Mikeyrob]

agree, this is absolutely pathetic. When does the board say enough is enough! Unbelievable how absolutely criminal this company is

[canyousayiii]

From my experience, often it starts with the wrong people being let go. Disappointing, but as shareholders, at 11 cents, this is already viewed as a company that is not performing, at the opposite spectrum of being undervalued as per the leadership's assessment. If layoffs are true, the undervalued narrative would be completely distasteful to continue. It is going to be an interesting

[Mikeyrob]

Question is, when do we cut this piece of junk lose?

[canyousayiii]

And if true, the upside may be that the two board co-chairs may start seriously pondering why are layoffs necessary with all the optimistic messaging about some of the things they put in place over the past year. And they should come to the conclusion that strategy is developed and directed by leadership so if there is a poor market for the product or inability to sell it, start questioning who is