Mission Ready Solutions Inc V.MRS.H

Review of the Current Situation

[ezcostello]

This stock is very cheap right now! After a 6 month halt and reverse takeover, MRS has completed the acquisition of Unifire Inc, one of the 6 companies who are able to bid on the for the Defense Logistics Agency (“DLA”) Special Operational Equipment (“SOE”) Tailored Logistics Services (“TLS”) contract renewals which total up to $33 billion in 10 years. MRS has submitted it's tender to the Department of Homeland Defense and apparently, they'll know in March 2019 how much of this pot they would receive. Historically, the majority of the contracts have gone to Atlantic Diving Supply but in the recent years, ADS has fallen out of favour with the DOD due to their fraud allegations. The program is currently in a market research period, with the prior contracts ending in July 2017. Incumbents for that initiative, which started in 2013, included Atlantic Diving Supply (ADS), Federal Resources Supply Company, H Squared Inc., Source One Distributors Inc. (Unifire), Tactical and Survival Specialties Inc. (TSSi), and W.S. Darley & Co."https://www.washingtonpost.com/news/capital-business/wp/2017/08/11/scuba-supply-company-pays-16-million-to-settle-allegations-it-defrauded-the-military/?noredirect=on&utm_term=.de980b254a02"

More information on the TLS/SOE Contracts

https://Www.gdicwins.com/top-4-contract-opportunities-for-sb-set-asides/

Official bidding site for the government contracts

https://www.fbo.gov/spg/DLA/J3/DSCP-I/SPE8EJ18R0001DRAFT/listing.html

"Sales are estimated at $1.3 billion annually. The maximum per contract and for the program is $33 billion. The scope of work under the SOE TLS Program includes the total logistics support for the special operational equipment requirements of DLA customers to include military installations and federal activities worldwide."