TSXV:MRS.H - Post by User
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Checkouton Jul 10, 2023 10:48pm
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Lots happening at MRS ...push that Giant out Buck
Lots happening at MRS ...push that Giant out Buck Aerospace-Adjacent Stock Soars Following 5-Year Renewal
There was some big news coming out of Vancouver on Tuesday after a small company within the aerospace and defense industry announced that the Company's Multiple Award Schedule (MAS) has been renewed for a 5-year period by the General Services Administration.
According to the release, the company has been able to optimize the MAS, including the following highlights:
- The number of sales orders year to date is up 227% compared to the same period in 2022, representing an increased overall value of 57% to date.
- The average number of sales per month has increased 41% year to date.
After seeing these numbers and reading this announcement, it’s no wonder that Mission Ready Solutions Inc. (TSXV: MRS)(OTCQB: MSNVF) rallied strongly on the news, with shares trading on the TSX Venture Exchange closing up at $0.08/share (+45.45%) on the day.
Mission Ready Solutions Inc provides comprehensive government contracting solutions with extensive experience in delivering quality, reliable, mission-critical products and services for law enforcement, firefighters, first responders, military, and other governmental agencies. Its wholly-owned subsidiary, Unifire Inc, leverages its robust vendor network, time-proven industry relationships, proprietary technology infrastructure, and manufacturing and distribution capabilities to efficiently source and deliver more than 1.5 million products. The company has two reportable business segments in the global defense, security, and first-responder markets: consulting and manufacturer representation; and inspection, cleaning, and repair services of protective services gear.