TSXV:MRS.H - Post by User
Post by
SchiffKnowsBeston Mar 02, 2021 12:46pm
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Post# 32695736
IF I WERE ADS I'D BE BUYING US OUT BEFORE THE FINANCIALS
IF I WERE ADS I'D BE BUYING US OUT BEFORE THE FINANCIALSIf I were ADS, or anyone else for that matter....I'd be targeting MRS before they release their annual financials. Based on the past filings, it looks like we'll see those on or around April 30th. Gosh golly I guess we got a little unlucky that we didn't start to get those them there purchase orders until the start of the 4th quarter. Of course you can't report them until you fulfill them, but if you take a look, they were to be fulfilled quickly. Now, if we would have received those them there purchase orders a smidge earlier, we would have already seen them in the financials. As a result, here we wait until the end of April.
You may say, well who cares? Everyone knew they were coming given the contract. Well yes, but big money doesn't invest here until they see them in the financials and can get an understanding of our margins. This is therefore why I think we see a buyout before, or around the time that the financials are released. They will likely try and get ahead of the financials, and ahead of any potential buying as a result of those financials.
Just look at the games played against MRS with the farce of a distribution deal sent our way back in September 2017. We then get kicked out of the SOE. If you don't think someone is trying to snatch MRS then I have a wooden nickle to sell you. Why do I think the most likely candidate would be ADS? Go and look at their track record.