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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

Comment by VeritasVernon Oct 20, 2021 4:01am
138 Views
Post# 34025674

RE:RE:RE:Here You Go Vern!!!! A Small Cap buying its shares back!!!

RE:RE:RE:Here You Go Vern!!!! A Small Cap buying its shares back!!!Hey Scarlet good thing for investors that the company did not do the share buy back as you mentioned because clearly in the time from then until now they would have declining shares and a large paper loss. Sure the buying would add some support but the trend is and continues to be downward. Why and what the company needs is some large contract awards, Isn't that the largest driver of price and volume? You just need to look at last year with the sizable PPE awards which took the company up to $1/share value. Without that the price continues to decline or stay suppressed. Also using up $4.1 million of float for a buy back is not a lot of money is not a wise move

ScarletSpider wrote:
vern you were wrong that is so what. Just as you are and will continue to be about this company running out of monies and having to act out of desperation to finance to stay afloat. Again I am telling based on facts not what you think I am making up. If you doubt what I say talk to ir. I know this company sees it being so grossly undervalued as not a good thing and I know they are likely assessing things and seeing how best to address the issue. The fact that they are thinking and assessing ideas like a share buy back which again I stress did not happen is quite telling. They are not leaving any option off the table but they are also not rushing to anyone which will jeopardize longer sustainable growth that is so what. As we are agreeing not many small caps do the buy back and despite mrs putting it on the table and deciding not to do so was a great decision for where it is sitting. For some like pyr it made sense for others like mrs it didn't. That said the fact everything is looked at evaluates and rationally decided on is a markings of a very successful company that is moving very purposefully and surgically. I am super happy in its doing so and feel extremely confident with leaving a good chunk of monies here longer term....overwhelming upward trajectory again all by the numbers as well as what is being stared by ir...I am a lay person even so the steps are very logical in addition to methodical. Let's see where things go...contracts are inevitable there is no lack thereof as I said ir very positive company remains cash flow positive for quite some time.


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