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Bullboard - Stock Discussion Forum 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... see more

TSXV:MRS.H - Post Discussion

Mission Ready Solutions Inc > Contract Bidding Every Day
View:
Post by Findingmoney on Jul 07, 2020 7:50am

Contract Bidding Every Day

MRS in 2018 was a five-million-dollar Canadian company and now this year they have exceeded one hundred million in sales. They bought Unifier to grow the business of distribution. They are still in their busy season bidding on contracts every day as they stated in the podcast May 26th. The government and military contracts may be key going forward. They feel the expansion of the business will facilitate the burn rate and said nothing about dilution of the stock. This is undervalued for now but soon they will get two or three more contracts and the market will make a big adjustment. I have been building a position from $.05. IMO.
Comment by ScarletSpider on Jul 07, 2020 8:34am
a few problems with what you have said...one contracts is one thing getting paid out is another there will always be a lag time. Because of this and a lack of capacity to produce what is already in order there is that $70 or so million backlog so if they had the money it wouldnt be that much. While burn may be relatively small compared to what is in contractual value every little bit is taking ...more  
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