Martello Technologies Group Inc V.MTLO

Outgoing CFO participate in private placement at 80% premium

[bigreturn11]

Outgoing CFO takin part int he private placement at a 80% premium is very positive in my opinion. CFO's generally don;'t burn cash...

"The Second Tranche was subscribed entirely, either directly or indirectly, by Martello insiders led by Terence Matthews, who invested CDN$1,000,000 through Wesley Clover International Corporation. Other insiders participating in the Second Tranche include Bruce Linton, John Proctor, Colley Clarke, Michael Michalyshyn, Don Smith, Mike Galvin and Erin Crowe."

[Mikeyrob]

called charity... did minimal work the whole time she was at mtlo collecting a massive salary. 

[JProctor]

also she allowed nothing but cash burning as CFO for that past five years. You guys act like they did you a favor diluting you further at ten cents a share. Sheep. Let's not forget this money is not for acquisitions or product expansion, it's for keeping a dying company alive another quarter or two. Management has made many many empty promises and claims over the years and not followed