TSXV:MRS.H - Post by User
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QUANTUMJUMPon Oct 12, 2017 10:33pm
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Post# 26807839
RE:RE:RE:TOO MUCH
RE:RE:RE:TOO MUCHMadmanX wrote: select555 wrote: missed the first large contract? and wheres the second? so far as far as actual contracts go there is one for $us 400 K and the second a small prototype order with no$ attached of a 130 articles :: I like MRS and have 30K shares buts let not exagerate things here also
the large deal is the supply agreement for a possible 400 million over 5 years but theres no guaranteed contract yet for the party actually bidding to secure the order>> Trust me if they(MRS)had two large contracts this thing would be over a $1>>>>
maddison9 wrote: News being issued to trade this stock, the big one could come out anyday. second large contract and purchase order. I would not want to be caught on the sides line when it does, the sp will runs so fast a person would never be able to get back in
Foreign Military Distribution Agreement Further to the
September 6, 2017 news release announcing the Foreign Military Distribution Agreement, the Company
expects to receive the initial purchase order(s) for the Flex9Armor and No-Contact Tactical Shield Covers during Q4 2017, and is progressing with the required logistics and preparations to scale its manufacturing capacity over a planned 90-day ramp-up period.
***
While I understand what you're saying, one must also recognize that MRS would not go through all these logistical preparations if they weren't somewhat certain that this deal would take place. I'm quite certain they did their own DD on this distribution agreement before investing all this $ into ramping up their operations or even agreeing to this agreement in the first place. From what we've seen, everything is pointing in the right direction. If we don't see anything materialize by the end of Q4, then I'll start worrying. That said, once that PO is received (which is what everyone is waiting for), it will remove any remaining uncertainty. Until then it's a waiting game, nothing less nothing more.
Cheers!
Madman
Spoke with Terry and he onfirmed all is as stated in press release, now clearly he would not be able to give any details other than what has been in press releases, but he did say that the company held of on announcing the deal until they had a high level of confidence in its success