Mission Ready Solutions Inc V.MRS.H

Folks providing cash and cash equivalents

[ScarletSpider]

is what I think it is the amounts of capital which companies have on hand and can be used to sustain operations nobody really has to worry about a financing for some time. Vern you have to cool the jets on this. As of the last quarter reporting the company had 4.6 million plus. When I called ir last week almost half way into October I was told there is 4.1 million on hand. Now let's do simple math you have all of July August and September plus nearly half of October from that time. Roughly $500,000 burnt. If I take on 3 months rate that is about 165,000 a month burn so for the year even if you round unfavorably again...I excluded 10 days to get my $165,000 average it would be less and now I will round to $200,000 up unfavorably for ease of calculation you have nearly 2 years of monies if nothing is done which is not possible but just saying with the chance of 0 contracts not at all likely. Bottom line there is way more cash on hand to worry about financing and when contracts come. The burn is minimal comparative to cash on hand.

[VeritasVern]

Why would the company be interested in buying back shares? If the big contracts come the sp will increase. At any rate $4.1 million is pocket change for a company to hold and they would need on hand if a big contract were to come in. Imagine if they bought back shares at 30-35 cents, and the stock declines to 20 cents anyway what does that get them? Little in cash and shares of a company that pays

[ScarletSpider]

f'ckVern it was proposed didn't happen what's your problem...I said they considered it and decided not to. What's wrong with you??? As to your second point dead wrong. A few years before uplisting Pyrogensis bought back 5 percent of its outstanding shares because it felt the shares were undervalued. People were disappointed because in the near term it struggled to even reach a buck

[VeritasVern]

It doesn't matter what the sp is unless MRS is doing a private placement. buyback with $4.1 million, a little birdie tell you that? BTW the stock hit 19.5 today

[ScarletSpider]

vern it was stated during the investors virtual conference during the Q and A if you have some further problem in what I am telling you as in you don't believe me no problem call ir he will confirm this. He is extremely good unlike the previous one he will get back to you and answer inquiries as much as he is able to do so. I like him a lot as he is passionate and really wanting for people to

[Ciao]

They can bolster the share price with some insider buying, that would have a greater effect on investor sentiment and the share price.   Especially if they believe in this: "We had anticipated that the government would increase its spending by the end of the fiscal year to leverage its 2021 budget. Though this was not the case during the 2021 fiscal year, the government’s capacity