TSXV:MRS.H - Post by User
Post by
robmilleron Jul 16, 2019 11:45pm
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Post# 29927769
PP initiated out of nowhere
PP initiated out of nowhereHas me thinking a couple of things.
1st Choices is right Imo that a big investor approached MRS
after seeing contracts coming thru with Unifire and made a offer
to invest in a pp @ .25. If that's what the simple truth is iit would have closed
immediatley, however iit is still open more than likely because other
major investors than approached and wanted in on the pp (My bet is
the pp will be oversubriced again) hence the delayed close.
And/Or MRS needs the money because again IMO the BCS is suppose to
be contracted this summer and I fully believe it will be with PTF or thru
Unifire that willl get the product from PTF as they are one and need the
monies for ramp up and new hires!
I believe that the pp will close in July (this month) and than PTF or Unifire
will be awarded the BCS contract for the US Military this summer and no
more dilution will be required from than on after!
Fall should be great!
Cheers all
Rob