727,000 BCS/Flex9Armor units to be sold $400Million USD equates if all Flex 9 Armor units =727,000 units manufactured....packaged and delivered over 5yrs.
$50million USD for year one equals = 91.000 Flex9Armor units to be produced by MRS
packaged and delivered to the Distributor as the middle man who then distributes to the end country (still unnamed) of origin.
There are 11mths left in the calendar year till YE 2018
Which means appx 9,000 units a month from the Tenn production plant- from Feb 1st on till YE for MRS to fullfill its end of the terms and conditions of the Sept 6th NR.
THerefore that first PO has to be to cover the production of 27 to 30,000 units which i press at $550USD each unit for volume sales...as the retail price was closer to $700 per each unit of Flex9Armor Gear.
Now...we don't know the product mix. I doubt its 50/50 between Flex9Armor and NoContact Shield Covers...more like probably 90:10 or 80:20 Flex Armor to No Contact sales IMO.
Since we don't know the price per unit retail for one individual No Contact Shield Cover
its safe to assume that the first PO has to come in around a minimm of appx $15 Million USD
of which 40% would be recieved upfront or $6.0 million USD appx with the balance upon completion. That would cover a 90 day period only. After which another PO for another 90 days would have to be in receipt if were looking at every quarter the issue of a new one. Only thing is that would be more in line with $60Million so maybe the two last PO's come in around $10million each in the 2nd half of 2018. However I remind one and all that the $50million USD is a mininimum amount...as in the lowest production figure...there is no ceiling to the topside of a production figure.
That $15Million USD for 90 days PO would cover the first quarter of 2018's requirements by MRS to produce supply and ship and the client to recieve and make payment to be on que to supply 90,000 Flex 9 Armor units.
Now...if the mix is 80,000 Flex 9 Armor units and 15,000 Riot Shield Covers?
Yippee Kae Yeah...Ooorah...whatever...I don't care if its for 70,000 Flex 9 Armor
units 15,000 No Contact Shield Covers and 10,000 specially designed MRS Canine
Carcass Covers at this point...only that the PO is announced...the country or region named
as end point and the distributor as the middle man/broker/shipper-reciever in all this named as well.
Can they meet those type of production parameters even tho the clock is ticking down and still have room for other order interest and existing production requirements vis a vis plate carrier contract and others and still continue to develop their que or go into production on one of the other three or all three tendors they have currently bid on as discussed on this thread and disclosed by the company itself having 3 bids in currently...out of the one Tenn Plant?
I dunnot...good question...I would assume so and the company indicates meeting production
requirements/filling demand and ramping up production capacity won't be an issue.
That's good to know. Not knownig we are into production on the PO or in receipt of the PO as of yet or when at X point in the future we will be? is not good to not know.
FWIW I would like to be proven wrong on this next statement/assumption.
I know we seen news by friday cuz the company said to some individual(s) that
they will be able to comment more "on or by Friday" or whatever their phrasing was.
I call BS...more distancing...play on words...vagueness in play and IMO...won't be anything PO related out tomorrow. or on the weekend-I would like there to be but IMO someone or some parties are playing find the pea under which shell and you get X amount of guesses till
you get bored or fed up and want to stop playing the game.
If there is no PO by months end? I will sell 2/3rds of my remaining shares and suggest any and all with a double on MRS to derisk and do the same.
Cuz this find the pea under which shell at this point?
Has IMO and my opinion only...has run its course.
Enuff already. Just announce the PO or move on.
As the saying is in Texas where the Longhorms
play football?
"Git'er Done"
Cuz the herd...? the herd won't stay gathered indefinetly.
That's not how the markets or investors work anymore.
Including MRS's.
would equal