TSXV:MRS.H - Post by User
Post by
liverlesson Aug 02, 2018 8:45pm
176 Views
Post# 28408058
overall its positive imo
overall its positive imo
Two weeks ago MRS had no PO, no recent status update on PO, and negligable revenue.
Now there is still no PO. But status of PO is clarified. It has not been cancelled by FM and remains a potential game changer. Also MRS after acquisition has $36mm USD (almost $50mm CDN) of revenue and generating $1.5mm of income annually. Cash flow is likely $3mm+ annually.
I don't see how this is not a better position then a few weeks ago.