RE:getting good press A 5-year $400m deal with a government agency is generally a company maker, especially for a company with a $5 million market cap. So if the Mission Ready Services (MRS.V) news that went out Wednesday is to be taken at face value, today’s 209% (at the time of writing) stock price increase might be just the beginning.
MRS touts itself as a company that saves the lives of military and law enforcement personnel by providing them with the “best possible protective equipment.” They go on to say, “Mission Ready’s management team offers over 100 years of combined industry experience and is composed of industry experts in developing products, contracting, and selling to the federal government, first responders and tactical markets through open market procurements, teaming arrangements, and a variety of federal contract tools.”
Considering this is a Vancouver-based public company on the Venture Exchange, you’d usually read those words as an empty brag, but the news that dropped today was SUBSTANTIAL