VANCOUVER, BC, July 20, 2021
/CNW/ - Mission Ready Solutions Inc. ("Mission Ready" or the
"Company") (TSXV: MRS) (OTCQX: MSNVF), a provider of
comprehensive government contracting solutions, today released an
audio interview, hosted by Phoenix Phillips of MarketRadio, through
which President and CEO Buck
Marshall provided an update on the Company's progress and
recent developments.
Listen to the interview here:
[LINK]
"To date, we've seen government spending down significantly as
compared to previous years. The key here is that awards are still
to come. The government has an allocated budget and a defined
timeframe during which it must be spent. Based on the amount spent
so far this year, we expect the government to release a significant
amount of money before the end of the fiscal year, which represents
a tremendous opportunity for us to work diligently to capture
additional contracts for a strong third and fourth quarter," said
Buck Marshall, President and CEO of
Mission Ready. "Mission Ready's innovation and manufacturing
capabilities, time-proven government contracting infrastructure,
and top-tier commercial sales team are momentous value drivers that
will undoubtedly be the springboards to our success in reaching new
heights as a Company."
Buck Marshall highlighted the
following points:
- Q1 2021 Financials were the result of financial acumen coupled
with front-line sales efforts, the elimination of uncertainties,
and a reduction in unnecessary expenses.
- C&T gown contract was the primary driver of revenue for Q1
2021, and to date, all orders have been successfully fulfilled.
- In addition to numerous solicitation responses recently
submitted by the Company, Unifire continues to bid on new contract
opportunities, and is well positioned to respond quickly and
effectively to the anticipated increase in government spending
leading up to the US Government fiscal year end date being
September 30.
- Unifire continues to generate orders and a steady revenue
stream through its GSA Schedules.
- Skip Church's realignment to
oversee PTF Manufacturing has proven successful to date, generating
increased sales of body armor and related products.
- In alignment with the Company's growth strategy, Mission Ready
continues to expand its revenue pipeline with a recent focus on
further leveraging PTF's cut & sew capabilities to expand its
product catalog.
About Mission Ready Solutions Inc.
Mission Ready specializes in providing comprehensive government
contracting solutions through its privileged access to a host of
federal contracting vehicles, including Multiple Award Schedule
("MAS") contracts awarded and administered by the United
States General Services Administration ("GSA").
Mission Ready's wholly-owned subsidiary, Unifire, Inc.
("Unifire"), is a designated Small Business and an
industry-leading manufacturer and distributor of over 1.5 million
military, fire and first-responder products. With extensive
knowledge and experience in providing turnkey solutions to the
United States Federal Government, Unifire utilizes its time-proven
industry relationships and proprietary technology infrastructure to
efficiently source and deliver critical, life-saving products in
cooperation with government program managers, military and federal
contracting offices, base supply centers, and other federal, state
and local supply agencies.
Mission Ready Solutions Inc.
(Signed "Buck L. Marshall")
Buck L. Marshall
President, CEO and Director
T: +1 (877) 479.7778
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Forward-Looking Information
This news release contains "forward-looking information" within
the meaning of applicable Canadian securities legislation.
Generally, forward-looking information can be identified by the use
of forward-looking terminology such as "anticipate", "believe",
"plan", "expect", "intend", "estimate", "forecast", "project",
"budget", "schedule", "may", "will", "could", "might", "should" or
variations of such words or similar words or expressions.
Forward-looking information is based on reasonable assumptions that
have been made by Mission Ready Solutions Inc. as at the date of
such information and is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of Mission Ready
Solutions Inc. to be materially different from those expressed or
implied by such forward-looking information. There can be no
assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such information. Accordingly, readers should not
place undue reliance on forward-looking information. Mission Ready
Solutions Inc. does not undertake to update any forward-looking
information that is included herein, except in accordance with
applicable securities laws.
SOURCE Mission Ready Solutions Inc.