LucasKnight wrote: Not certain if anyone has posted this....but after some extensive due diligence, i can safely say that the "Distributor" in the $400 Million contract could be the;
FEDERAL RESOURCES SUPPLY COMPANY ["FRSC"].
The following link clearly indicates that an agreement was signed in July 2017 Prior to the Sept 2017 News Release.
https://globenewswire.com/news-release/2017/06/07/1112479/0/en/Mission-Ready-Signs-Distribution-Agreement-with-Federal-Resources.htmlo
Excerpt below;
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VANCOUVER, BC--(Marketwired - June 07, 2017) - Mission Ready Services Inc. ("Mission Ready") (TSX VENTURE: MRS) is pleased to announce that Protect The Force ("PTF" or "The Company"), a wholly-owned subsidiary of Mission Ready, has signed a distribution agreement (the "Distribution Agreement") with Federal Resources Supply Company ("FRSC") for the sale of its Flex9Armor (the "Product") into agencies of the United States Government, agencies of state governments, and other potential customers (the "Market Segment").
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Moving on to the Sept 2017 NR, we have the following excerpt below:
https://globenewswire.com/news-release/2017/09/06/1108490/0/en/Mission-Ready-Signs-Distribution-Agreement-to-Supply-Protect-The-Force-Products-for-Foreign-Military.html
VANCOUVER, British Columbia, Sept. 06, 2017 (GLOBE NEWSWIRE) -- Mission Ready Services Inc. (“Mission Ready” or the “Company” or the “Manufacturer”) (TSX VENTURE:MRS) announces that it has signed a 5-year, multi-million dollar exclusive distribution agreement (the “Agreement”) with a US-based contracting partner (the “Distributor”) to manufacture and supply Flex9Armor and No-Contact Tactical Shield Covers – among other Protect The Force (“PTF”) products – for a large foreign military.
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Who is FRSC???
Well...as you can see..they are one of the top tier firms serving the DOD. This is bigger than i thought...MRS's potential far supersedes its current market cap of just $32 million.
https://government-contractors.insidegov.com/l/445191/Federal-Resources-Supply-Company
Federal Resources Supply Company has worked on 8,016 contracts worth $659 million USD in obligations from the federal government since FY2007. In its latest active fiscal year (2016), the organization received a total of $198 million USD in obligations.
Also...please pay SPECIAL ATTENTION to GSA CONTRACT Schedule 84.
Note that all the contracts below were awarded in just 2017.
https://www.federalresources.com/2017/10/04/federal-resources-awarded-3b-contract-for-communications-solutions-from-u-s-department-of-interior/
https://www.federalresources.com/2017/03/08/dla-awards-federal-resources-supply-872m-tailored-logistic-support-program/
https://www.federalresources.com/2017/03/08/federal-resources-awarded-500m-ceiling-gsa-idiq-contract/
https://www.federalresources.com/2017/03/08/federal-resources-awarded-200m-gsa-idiq/
https://www.federalresources.com/2017/03/08/federal-resources-awarded-146m-air-national-guard-idiq-contract/
https://www.federalresources.com/2017/03/08/federal-resources-awarded-gsa-it-schedule-70/
https://www.federalresources.com/2017/03/08/federal-resources-awarded-97m-dhs-pandemic-supply-idiq/
https://www.federalresources.com/2017/03/08/federal-resources-named-silver-superior-supplier-by-defense-logistics-agency/