Mission Ready Solutions Inc V.MRS.H

Alternate Symbol(s): MSNVF

Industrials Aerospace & Defense

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

Mission Ready Solutions Inc

Bullboard Posts

Comment by LucasKnighton Mar 15, 2018 10:24pm

100 Views

Post# 27725023

RE:RE:On the conference call in Dec

Interesting comment El Joro. That would make sense going ahead.

eljoro wrote: Don't expect a move to the big board any time soon if you also think MRS is going to be acquiring companies/assets.

I've just had an in-depth convo with the CEO of a company whose shares I have a large position in. They are also on the Venture and I think they would be better served on the TSX, and I've often suggested it to the CEO.

They are growing by acquisition and he explained to me that the threshold for the TSX for acquiring assets where the company needs shareholder approval is 20%, whereas on the Venture it is 50%, meaning they can acquire assets up to 50% of the value of the company without having to put it to shareholders for a vote, while on the Venture. On the TSX more acquisitions will have to be put to a vote in the early micro-cap stage of company development.

I would think that MRS would be of the same mind as this other company I am referencing.

Best,
El Joro