Mission Ready Solutions Inc V.MRS.H

Mission Ready Announces Stock Option Grant

[VeritasVern]

I assume this news will add to the selling pressure.

Wednesday, October 20, 2021, 4:31 PM ET

 

Mission Ready Announces Stock Option Grant

October 20, 2021 -- (Mission Ready Solutions Inc.) --

(TheNewswire)Vancouver, British Columbia, Canada - TheNewswire OCTOBER 20, 2021 Mission Ready Solutions Inc ("Mission Ready") (TSXV:MRS) (OTC:MSNVF), a provider of comprehensive government contracting solutions, announces that it has granted incentive stock options (the Options), pursuant to its stock option plan (the Plan), for a total of 4,800,000 common shares of the Company, to certain directors, officers, employees and consultants of the Company. The Options, subject to the terms of the Plan and the corresponding option agreements, are exercisable at a price of CAD $0.25 per share for a period of up to 5 years.

[ScarletSpider]

vern I will say I am a bit surprised only because when I talked to ir he said the options may not make sense to sell at low values because those who would sell them would make little to no profit. That said I will not look at this as a bad move because it will bring more monies to the coffer but it will create a possible overhang of near 5 million shares that need to be bought up. When I look at