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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
Comment by robmilleron Jul 17, 2019 12:08am
106 Views
Post# 29927797

RE:PP initiated out of nowhere

RE:PP initiated out of nowhereThis is why I believe it could be about BCS rollout!

"VANCOUVER, British Columbia, July 08, 2019 (GLOBE NEWSWIRE) -- Mission Ready Solutions Inc. (“Mission Ready” or the “Company”) (TSXV:MRS) announces that, subject to the approval of the TSX Venture Exchange, it proposes to raise up to CAD $3,500,000 through a nonbrokered private placement (the “Private Placement”) of up to 14,000,000 units (each, a “Unit”) at a price of CAD $0.25 per Unit.  Each Unit will consist of one common share (each, a “Share”) in the capital of the Company and one transferable common share purchase warrant (each, a “Warrant”).   Each Warrant will entitle the holder to purchase one additional Share of the Company for a period of one year at an exercise price of CAD $0.40.

The Company intends to use the proceeds of the Private Placement to begin funding certain purchase orders internally (thereby reducing capital costs while improving order-flow efficiencies), to finalize the implementation of a scalable enterprise resource planning solution for enhanced internal reporting and asset management capabilities, and for general working capital.

With omly a one year timeline to purchase .40 warrants is not long to see
  sp above that which is another 60% from where we are here!
I'll wait it out thanks better interest than the bank!


Rob
 

Bullboard Posts