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

Comment by DD34on Oct 20, 2017 9:18am

61 Views

Post# 26835747

RE:RE:RE:WT overhang almost done

The longerterm warrants have no reason to be exercised at this point. I expect no pressure from them. The December expiring warrants are just about done and then we are off. Company is flush with cash, still a reasonable float and huge orders in the pipeline. expect multiples of this price in the coming weeks.

QuietWater wrote: 10M options at 50c, remaining 4.4M at average 27c (this is 100k lower than the quarterly report suggesting some options were exercised).
3.3M warrants at 50c from latest capital raise
3M Convertible Debenture Shares at 10c valid for another 18 months
3M Convertible Debenture Warrants at 15c valid for up to 54 months

Using the current share count (106.4M shares) that's 23.73M shares that can still be exercised at .15c. Not saying that this will definitely happen, but highly likely that those with warrants in the money will want to exercise them.

Easily can blow past this with a NR, but will trend lower otherwise.

select555 wrote: according to MRS they will be

Fully Diluted 154,866,844

heavy123 wrote: short numbers out today on MRS. another 350k covered in the last 15 days ( only 450k short). share count now over 106 mil which means another 6 mil 15 cent wts were exercised. this leaves about 5 mil of the under 25 cent wts left to go by my math . These expire in December so they will be cleaned out in the next 15-30 days. either way the over hang will be done soon imo. Add a nice NR and this moves through 25 no problem.