Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by SchiffKnowsBeston Jan 18, 2021 6:40pm
395 Views
Post# 32322950

I ALWAYS SAID THIS WOULD BE A BILLION DOLLAR COMPANY

I ALWAYS SAID THIS WOULD BE A BILLION DOLLAR COMPANYYou may laugh at me and that is fine.  You dig deep here and see their R&D with their own products and that is where the gravy train is.  There won't be 8% margins on those products!  That was the beauty of the UNIFIRE deal, you bring them into the fold and you are then able to manufacturer and distribute and thus the margins go through the roof.

Even when it was at 5 cents, I still believed this would be a billion dollar company some day.  Now, they still have a long way to go to get there, but as long as it does not get [taken under], then the path to that valuation is clear.  The problem is that the smart money knows this and the likelihood of a [take-under] is very high.  ADS and others are not just going to sit there and watch little MRS come in and steal their market share.  I think the writing is on the wall that MRS will go the way of the dodo bird in the not too distant future.  it's just then a matter of at what price.  I have remainded consistent that I have the over on 75 cents.  I have been saying that even when MRS was in the teens.

Why now?  Well, the election was the big hurdle to get out of the way.  This then gives some clarity into the direction of the US government.

We have Schwartz to thank for most of this.  He is the one who kept us afloat and played hardball.  If not, we would have been taken under a couple years ago.  Schwartz kept pulling rabbit after rabbit out of his hat.  The last straw was the LYFT deal.  This likely got Schwartz the price he wanted.  Notice that the LYFT deal was then axed.  Everything is coming together for a take-under.

The fact that the regulators have not forced MRS to come out with something is telling.  Tomorrow is going to tell the tale I do believe.  My questions are:

1. Who will make the offer
2. How much will it be for?

This may not happen this week, or this month, but I think the writing is on the wall.

<< Previous
Bullboard Posts
Next >>