TSXV:MRS.H - Post by User
Post by
ScarletSpideron Jun 15, 2021 9:02am
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Post# 33387278
Looks to Me That The Company Will
Looks to Me That The Company Will
most likely uplist to the TSX main before doing so on the Nasdaq or any US Exchange. There had been talks about consolidating the shares here and to get to the US Market without first getting onto the TSX main i would say there would be no real choice but to as much as i did say it was not necessarily the case but pragmatically speaking yes. I would prefee the company to stay off the Nasdaq or US top tier exchanges for some time so that it can grow not only the revenue but with it gross profit margins by which i would like to see these trade clean $5 plus before thinking about Nasdaq. That said if the company is super intent on Nasdaq or any other US main tier exchange it is a fargone conclusion this will consolidate at whatever it needs to on the trading value but i dont see the company going beyond a 2 to 1 basis. I think it will look to jump $2.5 and on which with 100 milliion plus on 100 million shares and stronger gross is not too bad. Regardless unless revenue is quite a bit stronger and profit margins at closer 30 to 40 there is no point uplisting to Nasdaq etc but TSX main at the $1.00 level absolutely. It will be imteresting to see where this goes most likely bought deals at .40 to .50 which is ugly unless this move up and it is more like .50 plus. No matter what a financing isnt too far off. I still hold July maximum August the company said in the 2020 financials it is able to look after near term financial obligations which to me sounds like a quarter time frame maybe give another month max. So count 4 full months max from that date. Was it near end of April 2020? Assuming yes that is why i have said July August. I dont see big contracts like i said until August September that seems to be what i noticed so without which people have been crippling the shares here. My assesment of Fair Market stands at between $2 and $3 the low bought deal is unless this company somehow gets rid of all this shiate it will have a tough time getting financing higher. With a bought deal arranged with someone who actually is here for growth giving the company the strong backing may be enough otherwisr to see this near term $1.00 to $2.00 where i know with 0 doubts when coverage of brokers assessing fair market value will definitely not have it under a buck. In any case this is disgusting at what has gone on here but that said the company has done extremely well. I really cant say enough aside from getting protect the force and the advanced rescue division more full swing that is where the real fun will start. Nevertheless with the government contracts dealing with covid the company has been able to sustain operations grow really nicely and buy itself time to get things out which inevitably it will. I would prefer no consolidations and if bought deals nothing less than very lowest .75 but it all depends now on near term share value and why i gave .40 to .50 given a 20 percent discount. If this trades .50 and doesnt get out of here and preferably as high as possible that is where the finacing bought deal or otherwise likely will be. It makes it to .70 .75 you will then have a .50 to .60 raise. But maybe there is some sort of justice and a fair market value is assessed lets say a buck then you will have a .70 to most likely .75 financing. This stock has been savaged and done real ugly a real shame but as i have said i have no plans to move anything further until end of year or and i gave a mixed post on this $4 not $5 a share. I will assess the situation should things fall short this year moving into the coming year whether i cut bait pull some monies out i dont know as i want my vision of what i said $5 to $10 clean no consolidation this year but it will take some doing as well as holding off on Nasdaq to have a $5/share value regardless of o/s which given what i sense i dont think will be the case...a 2 to 1 hopefully not more is actually extremely likely. The company wouldnt go to qx if it doesnt aggressively want to get to Nasdaq sooner vs later. My two cents. I will just need to accept the bigger liklihood and well adjust my share proportions accordingly. Not thrilled this is where it is at but not overly concerned because no matter what anything is more favorable than all this shiate and share value is going up not down so monies is monies thats life with stocks some retain without consolidations others dont like wise buyouts even if cheap but better than current share value you say thank you move on...not much more nothing to feel bad and spoil your attracting energy attract positive not negative. I give the company top marks regardless of what is going on and of what others think but that said at the end of the day we deal with the reality of the share value and nothing else really matters. Lets see where things go. I will see you all at the top.