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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 Ermotton Aug 28, 2019 8:22pm
56 Views
Post# 30077227

RE:MRS was acquired by Unifire and not vice versa

RE:MRS was acquired by Unifire and not vice versaMy understanding is they had to do the triangular merger or they would have lost their contract with the DLA.  My understanding also is any of the percent of the 26 milion shares that they issued so far to Unifire became free trading 4 months after they presumably started issueing them on April 23, 2019 which would be Aug 23, 2019. Also the PP completed on April 2, those shares are also now free trading. So maybe the persons in reciept of some of those free 26 million shares that have been released have been selling them into the market. So this would beg the question of why for the lovin helll would they announce another PP when they must have known there would have been a bunch of selling pressure. Is there a power struggle for control taking place or is the situation just so dire that they had no choice and people are bailing, even some of the PP participants from April 2? No wonder share holders are anxious. Jmho
Bullboard Posts