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Mission Ready Solutions Inc V.MRS.H

Alternate Symbol(s):  MSNVF

Industrials Aerospace & Defense
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

Mission Ready Solutions Inc > Interesting news
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Comment by Pennymenon Dec 31, 2021 10:58am
109 Views
Post# 34273784

RE:RE:RE:Interesting news

RE:RE:RE:Interesting news
Ciao wrote:
Ciao wrote: Buck is a banker so he knows what he is doing here. How does this improve the balance sheet, as both are still current liabilities?


My bad, it helps move current liabilities to long term liabilities which is good.


If I'm reading this correctly, Nov. 5th release proposed debt settlement was to pay $1M within 60 days and balance of $6.1M over 24 months. Todays presser, they get a $6M loan to pay off by Jan. 2027 with smaller installments, better interest rate, they must know contracts are coming and at $87K per month is really nothing. Just my take.
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