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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 > Here You Go Vern!!!! A Small Cap buying its shares back!!!
View:
Post by ScarletSpider on Oct 19, 2021 11:28am

Here You Go Vern!!!! A Small Cap buying its shares back!!!

Comment by VeritasVern on Oct 19, 2021 3:22pm
That is rare so what? 5% of MRS shares at 30 cents would have been $3 million and the stock still would have declined and they would have just over $1 million left in cash. You are just looking for ingenious ways to promote this stock not much else. 
Comment by ScarletSpider on Oct 19, 2021 5:12pm
vern you were wrong that is so what. Just as you are and will continue to be about this company running out of monies and having to act out of desperation to finance to stay afloat. Again I am telling based on facts not what you think I am making up. If you doubt what I say talk to ir. I know this company sees it being so grossly undervalued as not a good thing and I know they are likely assessing ...more  
Comment by VeritasVern on Oct 20, 2021 4:01am
Hey Scarlet good thing for investors that the company did not do the share buy back as you mentioned because clearly in the time from then until now they would have declining shares and a large paper loss. Sure the buying would add some support but the trend is and continues to be downward. Why and what the company needs is some large contract awards, Isn't that the largest driver of price and ...more  
Comment by ScarletSpider on Oct 20, 2021 9:07am
vern I fully agree it is a real good thing that the company didn't go that route. While the large contracts did help that is not the full answer it is only a short term driver as clearly the price has collapsed from there and should never have. This is a $3 plus stock as far as I am concerned. Contracts alone will not stop what has happened and neither will higher gross profit margins. The ...more  
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