Sifting thru BS and finding meat on the MRS Bone
No Contact Technology was developed/invented and protyped thru becoming a reality all the way back to 2003. 15yrs ago back when Yolanda was my girlfriend ( just kidding but would have been nice as she is a "hautie" lol) before it was aquired by then private Protect the Force Inc who then merged with Mission Ready Inc to become Mission Ready Services Inc. the current investment vehicle today.
Fransico Martinez was scooped up by then private compnay PTF- after a very successful career as a VP Engineer with the US Army Research and Development Center in Natick Mass. He called the No Contact Technology..."game changer" when No Contact LLC was being aquired.
https://www.no-contact.com/PressRelease2.15.10.pdf
This is what MRS does. It aquires small companies with disruptive technology...some of them in the start up phase like NoContact was
at the time because in the broader context of things the think tank
at MRS has the connections...both military and non NGO to make
things happen. To bring ground breaking technological change
into the realm of today-and apply it to a real world applciation
in developing a product line incorporating the technology
into that product line. Think of MRS as a publicly traded
incubator in some regards...an incubator/consolidator
whereby it aquires companies in whole or in part but typcially
hole...they may be private or even publicly traded but more likely
private-they bring them into the MRS corporate brand and
operational umbrealla-get invovled with the US Dept of Defense
to develop a product at thei bequest...fully funded to either
develop independently or in collobarion with the Dept of Defense
and then secure exclusivity in marketing and distiribution rights
that do not impede or effect the US Dept of Defense's rights
to still put to tendor domestically on a bid to contract basis.
This is much like a perfect storm scenario.
Where there are outter
winds and turbulence of great gale force (PPS volatiility) but at the center or the "epi center" there is a
calm. (a company's value propistion/plus corporate outlook/product/technology or service demand)
Because laser focus is required before any execution can occur.
We are early into this still. But we are still only by and large delivering on the 3yr plate carrier contract ($8million over term) as our main revenue source of cash flow.
Yes we have some small bit contracts here and there. We have announced a appx $1/2million order this past fall...but by and large the only thing that is sustaining
this valuation IMO?
Is...was...and remains the Sept 6th Massive $400Million USD Dis Deal announced
that the company is not in production on NOR in regarding the PO? in receipt of.
Yes we have an inital order shipped to Tunisia...we are involved in the US Navy development of the Electrican's Safety Impact Vest from which Commercial Applications/Rollout MRS will be no doubt the exclusive ritghts holder to.
We have the Amber Suit project...the First Responders Suit that is under commercialization process by MRS which means it will be rolled out at cost or cost plus IMO to large agencies for their own trial...live working trial perios similar to
how Flex9Amor/Ballistic Combat Shirt were put into the US War Fighters hands
in the field for product feedback before the prototype became the standard in the MRS product line as Flex9Amor with 4 different model variations of today.
We know the company developed the BBL...basic base layer ensemble for the USMC. US MARINE CORPS.
We know that the MRS has bid on three active Dept of Defense solicitations for tendor-I believe the BBL for the USMC is one of them. Even if they are not the successful tendor they will no doubt have the ability to market exclusiively
similar to the BCS they co-developed...internationally.
Apparently we were to hear something "soon" as per December communicaiton
about MRS developing something with Canada and the Ukraine.
That won't be the limit either. There will be more. Many many more countries
as the world is a much bigger place than the US even tho the US spends more than then the next 5 countries behind it as the number one country spending $$$$ on military expenditures.
BUT THAT IS WHAT I REFER TO MY IN MY POSTS AS THE COMPANY HAVING A ROBBUST "QUE"...WHICH MEANS AT SOME POINT NEWSFLOW...WILL...WELL...FLOW.
But what the company is valued on now is the immediacy. As to what is pending immediately as in any day. That made Vranic write how he read the Sept 6th news and ran out and took a cash advance on his credit card to hurry to buy MRS stock at around .16 per share I think he said was his buy in. This is a CFA...a chartered finanical analyst breaking every rule given to other investors...to not leverage to buy a spec stock...let alone pay 28% interest on a credit card to buy MRS shares thru a cash advance. Think about that for a minute...that is a trained...educated and certified CFA who writes for Seeking ALPHA with the CFA professional accreditation seen visually when his name is attached to any written article at Seeking Alpha its author..breaking every investment rule in every book on investing
doing what he did to buy MRS shares as quick as he could after reading the Sept 6th breaking news whereby the amount and term announced of $400Million with a possible $800Million USD if fully exercised to 10yrs...all amounts minimum...was quoted as being the largest deal the Venture Exchange had ever scrutinized
and then released by a company..in the venture exchanges history.
Then think about the fact that by early December Vranic is disclosing he sold his position in MRS on the concern that the company would not announce they had
received the first PO to validate the Sept 6th news by YE 2017 which was the companys guidance and that to date still has not been received.
2 things jumpt out at me on Vranics actions right away.
1) do as I say...not as I do. Not uncommon with relationship counsellors...psychologists...etc etc. They can't run their
own house behind their own credentials you seek their help
on personal issues...but are giving you template advice
on how to deal with your own. in this case Vranic must
have seen $$$$$ signs in his eyes to buy MRS shares
after the MRS news of Sept 6th that he was willing to
buy thru a cash advance on his credit card shares in MRS
had already moved to the mid teens by the time he got
his share purchase.
2) Vranic was up 100percent by end of November and like all these
investment letter writer who are bullish about a company they
get shares in...tell you they bought in after they bought in not
that they are going to buy in but that they did buy in...and then
they tell you they sold AFTER they already sold and give XYZ
reasons. He must have thought the downside if the company
did not come thru on the PO by YE 2017 was more
the risk then missing out on the upside if they did announce
the PO by YE 2017-or he had better cleaner info than
the average investor had...which happens sometimes...not saying
it happened here but it does happen and anyone in the markets
past one boom or bust cycle know what I mean. Some get
access...some don't. HOWEVER the stock has not catered
from when Vranic suggests he sold in his blog...fearing
that the PO would not be out by YE 2017 he traded out of
MRS (his own disclosure) and if you look at the chart
from when he said he traded out..? were almost trading
on a per share basis today...what we were then when
he suppossedly traded out and included language
to that effect in his early December blog I think it was
that I linked here.
There is a 3rd point here comes also to my mind but
its a personal opinion vs fact and irrelvant but if I had
to say a number 3) it would be Vranic can't manage
his own cheque book if he has to take out a cash
advance to go buy MRS shares back in Sept
after the Dist Deal News was announced
as per his own voluntary disclosure and trades
on emotion like the rest of us or alot of investors
yet they tell in their writings never to invest on emotions lol
The old saying once again.."Do as I say...Not as I do"
So...even tho the YE 2017 came and went without the PO
being announced as per MRS guidance? the stock
has not sold off ...instead there has been some repositioning
as some took profits off the table...it is never a bad thing
to sell half when you double in value form your average cost
per share IMO...and there has been some organized systematic
accumalation...steady vs knee jerk.
This is a bullish sign actually. That the shares are being held
by those with a long bullish outlook vs a majority of the shares
purchased being held by pure momentum or swing traders.
That means mechanically many are holding shares now with an average
in the .30-.40 per share basis range whicn on good news?
Mechanically the values need to double to .70 to .80 for those to sell half
on any double and derisk for those who are not able to do
who bought at .15 to .20 average cost per share.
So we have a full que...robbust que outlook...many irons in the fire.
None yet producing revenue.
The First Resonders Suit IMO will take a year to YE-get into
commercial production with orders.
We will see "iniital rollout" announcements but they will be live trials just like
Flex9Armor was. Within 12 to 24mths tho IMO that one product
line has the potential to be biggest winfall by order interest
and eventual demand to be a company maker all on its own.
Schwartz as much is quoted as suggesting the same in earlier
NR.
Which brings us to the end point of this post.
The que right now? Remains bullish. Anyone trashing the que
is wasting their breath and our time.
The que right now however? Doesn't matter. It IMo has no
effect or relevance to current valautions or where the
near term valuations are going to go...you can throw in
the mid term valuations to as the que will be awhile
coming to frutiion.
Whereas the Dist Agreement of Sept 6th goes into production RIGHT NOW
So the $400Million USD becomes real and comes into play RIGHT NOW.
And the current valuations are based on that Dist Agreement of Sept 6th and HAVE BEEN EVER SINCE.
And therefore unless the PO is announced soon...what's in the que won't matter to valuations...or support continucance of current valuations
ONLY THE ANNOUNCEMENT OF THE PO WILL. Including some disclosure
of who the Distrubitor Agent is and where the end point of delivery is slated.
Any continuance of distancing or couching or evading ...giving vague communicaiton on what the status of that PO is and remains by MRS.
Will be counter productive at this point in things...soon going on 5mths
since the dist deal was announced and shareholders deserve better.
And the market is demanding it see better.
So we wait. and wait and wait.
Till we wait no longer. And when that happens? once you loose investor sentiment and bullish outlook? you have to work ten times harder to bring that type of sentiment back into your story again and in story driven growth stocks?
Not an easy fait de compli by any stretch of the imagination.
The old adage in buseiness is "losing site of our objectives...we redoubled our efforts"
I believe MRS will get this done.
But at this point? Given the time that has passed since Sept 6th with nadda?
I believe the original terms conditions and amounts as announced on Sept 6th 2017 have been modified.
I remain to be proven wrong.
And as the original long in MRS amongst this band of brothers on this thead
Want to be.
theRev