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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 Nov 29, 2019 10:35pm
122 Views
Post# 30407984

RE:Growing Pains - Think of Apple or Amazon - Almost bankrupt

RE:Growing Pains - Think of Apple or Amazon - Almost bankruptWhy do the lenders keep forking over the money when they probably know it'll turn into a train wreck? Probably three reasons. They are the only ones making any money from this enterprise from interest rates, they know MRS can keep doing PP's because it's a public company ( probably the only reason they agreed to fund MRS and the reason unifire merged) and lastly the DLA always pays the vendor. So they have their assses covered, the management can keep it going as long as the public forks over money to keep paying for the operational side and the creditor sucks up all the extra cash through interest payments. Jmho
Bullboard Posts