Mission Ready Solutions Inc V.MRS.H

Dismissed With Prejudice UNIFIRE/VIKING Lawsuit!

[SchiffKnowsBest]

Fresh off the presses yesterday the UNIFIRE/VIKING lawsuit is being dismissed with prejudice due to settlement!  This simply means that this lawsuit is now over and done with and can't come back to haunt us.  Time to move forward with MRS acquiring UNIFRE.  See link below.

https://www.pacermonitor.com/public/case/25584497/Viking_LifeSaving_Equipment_America,_Inc_v_Unifire,_Inc

Now the only thing left that we are likely waiting for is the European patent.  This is due within the quarter and who knows it may come simultaneously with this lawsuit being settled.

So now the ball is back in Federal Resources' court and just what are they going to do?  If we remember the conference call then we can remember that Jeff said we were looking to monetize the foreign military opportunities......Meaning not just with the USA.  The only logical thing Federal Resources can do to save this lucrative deal and to avoid getting sued into the stoneage is to acquire MRS and allow MRS to spinout AMBER and possibly UNIFIRE as well.  Either that or just bite the bullet and acquire the whole thing.

My bet remains that Federal Resources will acquire MRS and they then allow us to spinout AMBER with our current management while giving Federal Resources a 10% or 20% stake in the new AMBER spinco.  The question is then how much are they willing to pay????????