Off-market insider buying at Martello Technologies (MTLO)

Off-market insider buying at Martello Technologies (V:MTLO)

Terence Hedley Matthews, a Senior Officer, Director and 10% Holder, acquired 7,563,026 Common Shares on an indirect ownership basis for registered holder Wesley Clover International Corporation at a price of $0.119 through a private transaction on November 16th, 2021. This represents a $900,000 investment into the company's shares and an account share holdings change of 16.6%.

Colley Clarke, a Director, acquired 840,336 Common Shares on an indirect ownership basis for registered holder Patricia Clarke at a price of $0.119 through a private transaction on November 16th, 2021. This represents a $100,000 investment into the company's shares and an account share holdings change of greater than 100%.

Martello Technologies is in the Software Sub Industry Group under the Technology Sector.

Martello Technologies Group Inc. is a Canada-based technology company that provides digital experience monitoring (DEM) solutions. The Company operates in three segments: Monitoring - Mitel UC, Vantage DX Analytics - IT Service Analytics and Vantage DX Monitoring - Microsoft 365.The Company's products provide monitoring and analytics on the performance and user experience of cloud business applications, while giving information technology teams and service providers control and visibility of their entire IT infrastructure. The Company's software products include Microsoft 365 end user experience monitoring, unified communications performance analytics and information technology service analytics. Martello Technologies Corporation is a wholly owned subsidiary of the Company. Martello Technologies Group Inc. (MTLO) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to recent regulatory filings, two insiders have invested a total amount of $1,000,000.