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

Add To Watchlist

TSXV:MTLO - Post Discussion

Martello Technologies Group Inc > New Press Release - Martello Repays Vistara Debt in Full and Extends Wesley Clover International Debt Facility to 2026

View:

(0)
•••

Post by PressRelease on Aug 09, 2023 8:01am

New Press Release - Martello Repays Vistara Debt in Full and Extends Wesley Clover International Debt Facility to 2026

Chairman Terence Matthews demonstrates continued confidence in the Company by providing USD$3M in debt financing to repay the Vistara debt./NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN...read article.

Comment

Comment by Mostlyserious on Aug 09, 2023 9:59am

Surprise, surprise, yet another financing NR instead of some operational business success. What is the generous rate on the loan, somewhere around 15%? I'd say half of CEO's salary shluld go towards interest repayments as a reward for the job well done. And the other half should be forgiven by TM for allowing it to get us to this point. "Double-digit" DX ...more

Comment