Mission Ready Solutions Inc V.MRS.H

RE:Comments on Financials

[LucasKnight]

These two points already confirms what we already know is coming forth. 

• Due to growing manufacturing activity at the Jacksboro facility, the Company’s inventory of raw materials increased significantly for the period ended March 31, 2018."

• Company spent $ 469,000 on professional fees, related to due diligence for distributor and end military due diligence. 

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choices999 wrote: These are some of the points which triggered my interest:

(a) Company spent $ 469,000 on professional fees, related to due diligence for distributor and end miltary due diligence.   In the prior year it was $ 3,000.  This point alone should confirm to those whom are skeptical that the deal is real.   No one spends $ 469,000 if it was not needed.

(b) By removing the professional fees of $ 469,000, the loss would have been $ 900,000.   This whole operation is on a tight budget between $ 4 million to $ 5 million per year. 

(c) The sales in this report of $ 1.3 million reflects only 45 days of sales operations.   We know that Federal Resources listed Flex9Amor on or around February 15th and that MRS is not selling any more items and has decided to use dealers.

(d) Dilution is kept at a bare minimum and used when it is more feasible than paying cash.

From reading the finanicals it is understandable why the USA Miltary would want to deal through Federal Resources and not directly with MRS.    MRS on its own would not be able to handle the financial obligations so a billion dollar company Federal Resources comes to the rescue. 

It is truly the P.O. that will put this company in the spotlight.

We know that the delay is due to the budget which will get resolved in the next few months.

RHT.V had similar financials and once they signed those orders, stock took off.

I remain very hopeful.

My personal opinion,