Bullboard - Stock Discussion Forum Martello Technologies Group Inc V.MTLO

Alternate Symbol(s): DRKOF

Technology Information Technology Services

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

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TSXV:MTLO - Post Discussion

Martello Technologies Group Inc > Another private placement? Are you kidding me?

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Post by JProctor on Dec 08, 2023 9:28pm

Another private placement? Are you kidding me?

Absolutely decimating shareholders. This could push this down to a penny or less. Another 35,000,000 shares

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Comment by Mostlyserious on Dec 08, 2023 10:41pm

No surprises really. Majority of the news releases of this company the last few years have been financing. The quotes from leaders in the last quarterly results made me think there wouldn't be another financing that quick but I should know better by all of their previous statements making it sound like they are in the right places at the right times but declines in the legacy products were ...more

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Comment by JProctor on Dec 09, 2023 8:15am

15 cents a share would put a market cap value of approx 65-70 million. Currently valued at 6.4 million, a buyout is not going to happen, not at 15 cents at least.

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Comment by Mostlyserious on Dec 09, 2023 12:45pm

No, ain't gonna happen. Just a dream appeal to a multi-billionaire who was at the helm of this submarine tanking to a penny and a half. My losses are bigger than his.

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