TSXV:MRS.H - Post by User
Comment by
hhwy111on Nov 13, 2017 8:10am
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Post# 26949443
RE:RE:RE:Upgrade Website...
RE:RE:RE:Upgrade Website...
I visited there two weeks ago - it is what they say it is. At the front of the building they have offices for sales and marketing and management, a small display area for products, and a small design department for designing new products and improvements to existing products, which includes two sewing staff dedicated to turning the designs into prototypes.
The plant floor is set up to assemble different products and components in different areas fo the floor, with one section assembling plate carriers, a section that layers, cuts, assembles and tests the soft armour, etc. The building is fairly new, is leased, and is on a site large enough to be able to easily expand.
I was told that there are arrangements to outsource some of the assembly such as pouches, and that if / when large orders come in they have arrangements with other facilities in the area to allow lrge orders to be filled.
I have been an MRS investor for several years, and bought my first shares at $0.25, then further shares at $0.06 that came with warrants. Far more confident in the business after my visit than before, and after meeting Jeff Schwartz.