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

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TSXV:MRS.H - Post Discussion

Mission Ready Solutions Inc > Forecast Mission Ready Solutions to generate $145M in 2023

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Post by EnoughBull on Dec 15, 2022 1:44am

Forecast Mission Ready Solutions to generate $145M in 2023

According to Leede Jones Gable, they forecast Mission Ready Solutions to generate $145M in revenue for 2023. Their wide variety of proprietary products (such as the Flex9 armor) will generate meaningful revenue in 2023.

Since joining the company in 2020, the focus for Buck Marshall has been strengthening the financial position of the company. The former banker and President of the Small Business Administration division at Northwest Bank has used his financial expertise by strategically using cash and common shares to pay down debt. Earlier this year, the company announced that Product Source Group of New York agreed to accept 3.6 million shares of the company at a price of $0.35 in order to satisfy a $1.26M obligation, turning a creditor into a stakeholder. Following the shares for debt obligation, the company also sent payments in the amount of US$4 million, eradicating the remaining balance owed to PSG.

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