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.

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 ScarletSpideron Oct 21, 2021 2:35am
221 Views
Post# 34031058

RE:Mission Ready Announces Stock Option Grant

RE:Mission Ready Announces Stock Option Grant
vern I will say I am a bit surprised only because when I talked to ir he said the options may not make sense to sell at low values because those who would sell them would make little to no profit. That said I will not look at this as a bad move because it will bring more monies to the coffer but it will create a possible overhang of near 5 million shares that need to be bought up. When I look at the semi filling fully diluted is 214 million shares assuming that we are at around 200 that is 5 million more roughly not a big deal as the value is low regardless. Now as the value rises there will be more liquidity and the price will rise and shares absorbed. The selling pressure is insignificant the value based on low volume is super stupid anyways. I only see this as a win actually and quite possibly of more contractual news coming. Think about it nobody is happy with the share value the only time there is any volume is around the news releases after which the values collapse. This recently fell from above .27 and struggling to get past .25 this is a win move as far as I am concerned and those who may lose on the exercise of options can potentially buy below where the shares rise to and make money on the uptick and the company shores cash position. I like the move the shares are stupidly low and there will likely be more volume and most likely some news coming is my guess. Now on Capital Hill there is strong enthusiasm the Dems will come together and get things done. They know they have to so the economy in the public servant side does not stall or have challenges which may or may not be affecting the contracts here ir couldn't give a definitive so I am saying what he did he said the way things are structured around contracts is complicated. Regardless my only surprise is that I didn't think this was bringing money to those exercising the options not that this is a bad move at this point it really isn't. In any case, more capital in the coffer more cushion share drag well it hasn't done very much on a sustained level so I love this move...let there be selling pressure maybe ir has found some stronger hands maybe not but the bottom line is you got to keep moving forward and if this is the way to do it then do it. If they do a low level raise I will be thoroughly disappointed but again is the share price going up but more importantly can it be sustained so the company must do what it needs to get the share value up and sustained over time regardless of how it is done. Like I said I feel very comfortable and look to take a hands off approach. I answered because like I said I didn't expect this move but see it favorably and quite possibly as a foreshadowing of more contracts I find it interesting to be done otherwise as I don't think those exercising the warrants will make much doing so now.
<< Previous
Bullboard Posts
Next >>