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Mission Ready Solutions Inc V.MRS.H

Alternate Symbol(s):  MSNVF

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

Bullboard Posts
Post by eljoroon Dec 28, 2017 8:52pm
292 Views
Post# 27242205

One thing that gives me confidence: Dec 18th Warrants

One thing that gives me confidence: Dec 18th WarrantsThe number of .15 warrants exercised by Dec 18th expiry. If these insiders thought the PO deal was in trouble they, like us would know the share price would likely crater back below .20, and those Dec 18th .15 warrants would become less pressing to exercise. Many of these guys still hold additional warrants that expire in 2019...if the PO was in trouble they could simply wait and execise the 2019 warrants somewhere down the line when the share price recovers.

But the following insiders and their corresponding warrants were exercised by Dec 18th, and only 30,000 were sold:
Rodney Reum (no longer with company): 832,000
Vitor Fonseca: 190,000 (sold 30,000 @.35)
Paul Litchfield: 1,434,000
Peter Fuller: 735.833

Why would these guys exercise and hold all these .15 warrants if they worried about the share price collapsing due to a cancelled order? Logic dictates that they think or know the PO order is happening, though when exactly this line of sleuthing can't say. It also could be that they are under blackout and can't sell because of knowledge about the status of the PO.

Them's my thoughts.
El Joro



Bullboard Posts