Mission Ready Solutions Inc V.MRS

Primary Symbol: V.MRS.H Alternate Symbol(s): MSNVF

Industrials Aerospace & Defense

Mission Ready Solutions Inc. specializes in providing government contracting solutions through its wholly owned subsidiary, Unifire, Inc. (Unifire) Unifire is a small business and an industry manufacturer and distributor fire, military, emergency, and law enforcement products. It has two business segments in the global defense, security, and first-responder markets: consulting and manufacturer representation. It also provides relationship management, product development, acquisition and contracting and sales and marketing support to manufacturers selling to the United States Federal Government. The Protect the Force Innovations (PTFI) division develops, enhances, tests, and pioneers new and advanced technologies relating to defense and personal protection. Its portfolio of defense and security-related products includes Flex9Armor and Tactical Shield Cover. It serves law enforcement, the military, government and other agencies through its various products and services.

TSXV:MRS.H - Post by User

Mission Ready Solutions Inc > Two issues: Margins and Finance costs?

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Comment by TriumphSpitSixon Sep 17, 2020 2:03am

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Post# 31572747

RE:Two issues: Margins and Finance costs?

You're a basher with an agenda, so your "personal opinion" is horse shite. Howlingpack already calculated their margin at 7% from prior financials. Or don't you read?

https://stockhouse.com/companies/bullboard/v.mrs/mission-ready-solutions-inc?postid=31564497

Hiddensecrets wrote: My guess is 2% gross margins on these big contracts, once we take into account financing costs as they need to borrow to deliver the goods. .

That means $ 432,000,000 in orders * 2% = $ 8,640,000 in gross profit.

Expenses are $ 1.5 million per quarter or $ 6 million per year, so tiny profit, if any is left to shareholders.

Also big debt on the books that needs to be paid down, most likely profit will be used to pay down debt.

My personal opinion,