TSXV:MRS.H - Post by User
Post by
sicilian2on Mar 15, 2018 9:55am
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Post# 27719264
Reasons for a hold up discussion
Reasons for a hold up discussion This discussion summary of PO announcement delay theory to me makes sense! I found it on CEO.CA
https://ceo.ca/@Keys Side note on PO announcement. My theory for the PO not being released to the markets of yet is that they haven’t signed off on it until production lines are ready; It could be as simple as that! They fairly certain that is a done deal but maybe it can’t be released to the market via restrictions via by what the contract stipulates . It’s a common practice in business that until all manufacturing is ready that it finalizes and seals the deal which in return, allows them to announce to the public! 0
@TheRevenant2016 Yes its said in the PP of yesterday @Keys-this is true...its said/stated quite explicitly and implicitly vs theory if the interpretation is correct and IMO it is... what the issue was relating to the PO and starting the first year leg of the 5yr Dist Agreement-production capacity/continuing to scale up operations. so it borders on the company providing demonstration to the size and scope of the Sept 6th Dist Agreement that they can execute. Has the manufacturing and quality control capabilities and capacities to re-assure or assure their client "hey no problemo-we got this" etc etc. Was something we theorized over the weekend regarding "what are we missing" "what makes sense and nonsense in why the PO is not received as of yet" Ouija Bard sorcery that was prevalent on stockhouse and probably still is. So MRS fate is in MRS fate hand. The way you want it to be. The production/scale up issue is being addressed. Remember all amounts are minimum and its one single source. The company has to be able to execute on other operational and RandD things to including commercialization of their robust que and still delivering on other contract interests including the armored plate carrier contract that runs for another 18mths and keep themselves in a position to take on ADDITIONAL NEW LARGE CONTRACT OPPORTUNITIES they are moving forward on right now in the development of the contractual or bidding process as they outline in the PP of yesterday. It appears as tho on top of the 5yr certainty that the Sept 6th single source foreign military Dist A contract will supply for MRS cash flows and earnings will be one of many and the company will have an order backlog-that will run current or concurrent with the Sept 6th Dist A with multiple customers and with its existing product line and what they are developing we have yet to hear about in their RandD pipeline. We may all be sitting on $300Million run rate company here within 3 yrs and when your moving from producing marginal quantities to large scale production of humongous numbers by comparison you have to make sure what your producing is done to spec and standards not just to scale. so this is not a small undertaking. and they are looking to do it right the first time cuz in the business sector MRS is in? I doubt when war fight and security force lives are on the line if you get a second chance in your industry to make a great second impression. No...you get one shot in this sector or lives are lost so you get it right ...right off the get go. And that seems to be thankfully-their current focus. Nite Mr Keys\