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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

Post by ScarletSpideron Oct 15, 2021 9:20pm
418 Views
Post# 34012691

Extremely Smart Vision

Extremely Smart Vision
I talked with ir today and he is excellent. I called got his voice mail hung up. HE CALLED ME BACK I have put this in caps because he is responsible for creating awareness for the company and stressed very sincerely he will do so and I fully believe him. There are several key take aways that I have...people generally are concerned about dilution and low value financing IR told me as of the second quarter the company has 4.1 million on hand previously 3.1 million. He stressed management is not at all keen of doing any financing at such levels AND said with the contracts that have been coming in they will be able to keep moving forward as I was told the burn rate isn't very much. I was further told that there are no warrant overhangs. The company is not too keen in dealing with the bigger brokerages and is looking to go more grass roots where those who buy in are looking for the stable growth in this investments which I am super pleased to hear because many companies who want to get their share value higher end up going to people who finance at the cheap levels and flip out shares at the first sign of gains I an told this is not the way they want to go. Additionally, there is a possibility that the company may be looking to have shares offered to institutions who may have them in a basket of other offerings as mutual funds. Ir has further said he will be making a concerted effort to find people to give analyst coverage but he looks to be very selective telling me that in Canada there are not analysts that cover Defense and Aerospace but falls into industrials/Materials but if they don't have a good enough knowledge base I was told it would not be too helpful. I was told it isn't like coverage for things like mining and cannabis. As a result of this he is thinking to first find someone in the US who understands the sector and who likes the story. The bottom line is no matter what the company needs to create more awareness and hands in the company and will not likely rush in doing so although they will go for a balance in financial backers but by the looks of it more carefully selected. I had been told that the company was thinking a share buy back proposed by Terry but decided it wouldn't be the best option and opted to instead pursue other ways to grow capital vs getting shares which made sense on two levels (1) the money that would be used is saved so as not to leave them thin if the need arises. I had said what if they did a 5 percent buy back at 10 million shares at .23 2.3 million if my math is correct but that would leave 1.8 million in hand not as much of a cushion (2) if shares keep getting manipulated it would have been wasted move and monies tied and effectively lost so I fully agreed with the company's decision not to do so. The company doesn't anticipate any options will not be used even if it were to bring capital to the coffers because those exercising at the low levels would either make small amounts of monies and because the shares are drying up in volume it would not be absorbed well enough. I had talked a good extent on share structure management and super impress in how the company is seeing thing and doing things very carefully and patiently looking at a bit of a longer game but one that should theoretically bring stability sustained growth vs all the current bs. I will look to be holding as many of my shares that I can because I am fully convinced I will see way better gains than thinking about all the stupidity going on. Depending on things I may strategically trade some shares should all this stupidity continue for some time but I will hold the majority of what I have. Overall this is and continues to be an excellent managed company. As for the contract funding I was told that all parties bidding on them still have access to them despite that they did collapse I was told there are ways things will be done retroactively and it has been affected due to government change and possibly with what is going on in Washington but the funds have not been taken away...no slush fund Vern :-)
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