TSXV:MRS.H - Post by User
Post by
robmilleron Feb 08, 2020 12:59am
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Post# 30661668
With tonights news I'm in a whirl spin!
With tonights news I'm in a whirl spin!I have no direction as to what this company is up to
at this point,revised warrants and than revise them agian
for what purpose?At this point might as well just cancell them?
All the negative feelings and the risks associated at this point don't look
that inspiring to invest in this unitl cleared up so why bother with all
the hopelu of revising warrants? Am I missing something here?
What I read is MRS is riding on a $50 mill rev year from contracts aquired in 2019
which we don't know the margins of to predict what kind of loss/profit they will
aquire thru this year if they don't achieve any other revenue/contractcs!
And than to extend the warrantgs but lower them but at the same time with a
substantial increase over the present sp, and than you have the owners of Unifire
taking warrants at .15 for debt repayment after the news that MRS/Unifire lost
beiing a prime vendor of the SOE/DLA .
How does this make any sense at all?
They hired Bristol paying $7k/Qtr for nothing and out advertising for new hires and
paying rent/utilities/salary with no explainable future revenues.
How does this make any sense?
PTF is completely quiet and presumingly not selling anything,Unifie hasen't won a
decent contract since Dec 2019 how does this happen?
Foreign military contract a bust, The So called Motorola contract a bust and now a boot
from the SOE/DLA prime vendor status, These guys have a bad rep at this point and
Bristol is making it even worst.
Sell PTF fire Bristol and right there they would save huge dollars!
Get rid of JS and save even more!
Products might be good but to expensive to others IMO!
What else could it be?
Sick of the direction this is taking (obviously)
Rob