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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 Feb 16, 2019 8:05am
189 Views
Post# 29374664

You Will Be Sent Out As Sheep Among Wolves

You Will Be Sent Out As Sheep Among WolvesYes indeed....Here comes Mission Ready out of the halt and you can bet your last dollar that there are indeed wolves lurking looking to eat us up.  The two most likely wolves are:

1) Atlantic Diving Supply (ADS):  They see the writing on the wall that their market share is on the brink of getting eaten into in a big way.  A buyout of MRS would devour a competitor, have the massive Flex9 and No Contact market for themselves, and launch the AMBER market which may rival the size of Flex9/No Contact.

2) Federal Resources:  They also have a huge incentive as they are most likely the former distributor.  This would then protect them from a lawsuit from MRS above everything else I have said about ADS.

My bet remains that on July 19th, someone came forward to MRS looking to take them hostile.  MRS then tells the Exchange about the LOI they signed back in April and the TSXV then deems this acquisition as a move to develop their business model rather than preventing a takeover.  The TSXV then allows Mission Ready to proceed with the acquisition and the steps/time needed to complete.  The final step is the debt/equity raise to finalize the LOI that was signed.  This then puts further shares into friendly hands.  The TSXV has thus been allowed us to start trading again so that a price could be put on the equity raise.  Once this is done then I suspect that a hostile offer could then be pressented to shareholders as MRS has then been fully allowed to develop their business model.

Now, it may come out that the hostile offer has turned into a friendly offer since the acquirer will clearly be able to see their hostile offer is DOA since the acquisition of UNIFIRE and putting all the shares in friendly hands that will be more than enough to satisfy the 1/3 that is required to reject a hostile offer.

In the end, I believe that there may just be two bidders who may get into a bidding war for us....No pun intended.
Bullboard Posts