Mission Ready Solutions Inc 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

Bullboard Posts

Post by FarmerInvestor4on Sep 25, 2017 1:48pm

96 Views

Post# 26738600

Still A Gamble.... But!!!

Based on June 30 financials on Sedar, please review Page 15 & 16

What do we know today from those financials?
- There are 29,388,704 total warants (includes finders warrants) that are "in the money"
- These warrants will add $4,243,585.67 to the company bottom line if exercised
- These warrants will add even more dilution to the number of shares currently outstanding (But a necessary evil of getting cash when you are not profitable yet)
- We just saw a news release from the company stating that approx $1.2 Million in cash was received recently from the exercise of warrants... This leaves approx $3 Million to go
- We just received an additional news release that proceeds of $1,650,000 was received on an new PP, further diluting stock 6,600,000 shares
- We saw a news release that the company "expects" the first PO in Q4 2017 from this massive deal signed with a Foreign Military

What does this mean?
- The company has positioned itself to receive up to $5.893 Million in Cash (4.243 + 1.650)
- They have already received $2.850 Million of this (1.200 (news) + 1.650 (pp))
- They are more diluted
- Short term cash concerns are covered

Next to note from the Fianncials on Sedar is that they have over $2 Million in inventory. Not sure what products though

Now to the Gamble and the BUT....

-Still a gamble because company is not revenue positive.... yet!
-Still a gamble because company is way more diluted now

BUT.....
- company is on record saying they have an "Order"
- company is on record saying they "expect" first part of the order in Q4 2017

IMO, the market just needs the news release saying Deal Confirmed! The market needs this catalyst.
Until then, we can estimate numbers and finances and share price projections etc... but it is all just speculation.

Now to my final closing comment on the BUT...

Why would management of the company lie about an order? Would this not constitute jail time for releasing misleading information to the market? Thoughts please...

Disclosure - I currently have a modest position in MRS very close to the recent PP price. I am waiting for the major catalyst to purchase more.

Good Luck to all!