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Mission Ready Solutions Inc V.MRS.H

Alternate Symbol(s):  MSNVF

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

Bullboard Posts
Post by SchiffKnowsBeston Nov 28, 2018 7:55pm
211 Views
Post# 29036869

The Most Telling Piece Of The Last NR

The Most Telling Piece Of The Last NRI think this may have been the biggest hint in the most recent NR:

"The effective date of termination of each of the engagement letter and the fee agreement was Oct. 26, 2018."

We can then match that with this:

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

To note there is that a settlement was made between VIKING and UNIFIRE on October 24th. 

So the two are likely connected since only 2 days apart and who needs cash if Federal Resources was going to pony-up for an offer?

Here's how I think it went down....

-Federal Resources starts to get wind of potential settlement being made and knows their time is now up.
-Federal Resources gives Jeff a call on October 25th wanting to resume negotiations.
-Federal Resources and Jeff agree to general terms but still no official deal made as of yet.
-Jeff further plays out his hand and shows Federal Resources the term sheets he can get if they don't pee or get off the pot.
-Federal Resources may have finally made a deal recently that is contingent on MRS receiving the European Flex9 patent and on finally acquiring UNIFIRE. 
-I see that once both are complete that they come forward with a deal that is already made or to be made.

Just my 2 cents but they need to act.

Bullboard Posts