TSXV:MRS.H - Post by User
Comment by
sicilian2on Nov 19, 2017 9:54am
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Post# 26991705
RE:Just Wondering Why
RE:Just Wondering WhyThis 1st PO of the total $400 mill is for $50 mill minimum order over 2018. Many forget to realize that there are many other deals on the table including the $400 mill. There are plans and planning for expansion. They are currently in production with previous orders as posted earlier.
This Monster will awaken and it will have to move to a TSX exchange sooner than later! ;)
Greektome wrote: I’ve been slowly accumulating a fair amount of this stock since just after the 400mill press release in September because I believe the risk reward with MRS is excellent.....I’ve been wondering a lot about the deal itself and it does have me slightly baffled, hopefully for all the right reasons. IMHO why such a large number to secure distributor rights? Why not a 100 mill agreement over 4-5 years? Still seems like a massive commitment to a small cap company. Why not 50 mill? I mean if the deal falls thru the only loss to the distributor is exclusitivity. The only way this makes sense is that this is a done deal 100 per cent. The offer was taken to MRS with the military offer on the table to make it very clear what the production commitment will be and to be damn sure they can supply it. I believe that a good deal of ramp up is pertinent to the deal before the 1st PO is in place not the other way around. With this deal in place this is a parabolic stock no question. Do your DD GLTA.