Posts in category: NEWSLETTERS

Fellow Shareholders,

As we’ve alluded to in our most recent press release, our priority has been to showcase Mission Ready’s capabilities. We have successfully met with United Nations and Ukrainian representatives and continue working with them to establish positive relationships.

The current global political climate has increased the possibilities for foreign military sales and, more crucially, highlighted the need for reliable sources to meet the demand of international crisis and humanitarian response efforts. Consequently, we have developed materials that demonstrate our strengths in these two areas, and we are in constant contact with foreign governments, intergovernmental organizations, and humanitarian groups.

As part of these newly established connections, Mission Ready is working alongside Task Force Antal (“TFA”). TFA is a non-profit organization specializing in crisis management and evacuation support for U.S. Citizens, lawful permanent residents, allies, and their families.

TFA’s inception lies in the end of U.S. operations in Afghanistan. Since then, TFA has successfully managed the safe evacuation of over 1,400 American Citizens, legal permanent residents, and individuals with Special Immigrant Visas, including several high-value assets with heightened security profiles, from Afghanistan. Through its extensive network of trusted assets on the ground, TFA ensures that the basic needs of those in hiding are met and work to coordinate eventual evacuation.

TFA’s team has been working around the clock to ensure that U.S. Citizens, Ukrainian American families, vulnerable Ukrainians, and third-country citizens are safe until they can find passage out of Ukraine to escape the Russian invasion. With countless women and children among them, these people are under constant threat of violence and death.

As some of you have also witnessed through our social media, we have also started working with Support Hospitals in Ukraine, a non-profit organization committed to supporting hospitals in Ukraine with much-needed modern medical equipment and supplies.

To address the critical needs caused by Russia’s war on Ukraine, Support Hospitals in Ukraine are shifting the focus to meeting the most urgent need, by providing tactical medicine and field surgery supplies.

While both these relationships are at their debut, our organizations are aligned and we are mutually committed to working together to support Ukraine.

InvestorIntel.com recently published a story by Matt Bohlsen on April 6th that is Trending in their Top 10 section at #2, which may be accessed at the following link Trending – InvestorIntel. And the story, titled Mission Ready Solutions enters 2022 with a new USD$200 million contract from the U.S. Department of Defense may be accessed here https://bit.ly/3K9MUuW

In parallel to our efforts to put Mission Ready at the forefront, we are focused on the growth and scaling of our operations. We firmly believe that these strategic approaches will support our short- and long-term objectives. While scaling entails increasing our short-term revenues, we want to ensure we do so without significantly exhausting our resources. The submission to the V.A. schedule as a prospective addition to our current GSA schedules is a perfect example of the Company’s revenue streams expansion plan. Through our networks and favorable positioning, we have also highlighted areas of need for governments and agencies. We have been working on identifying products, solutions, and technologies that will help us meet future demands. As a result, we have established or strengthened ties through distribution and dealer of record agreements to enhance our offering. We have worked on bringing those partnerships to light for the last year as a glimpse of our progress behind the scenes.

We have bolstered our team, adding industry experts who bring established networks and specialized knowledge to our Company. We have also invested in enhancing our manufacturing capabilities over the last year and are in active discussions for OEM opportunities. We’ve also identified additional revenue streams that would require additional human and manufacturing resources. As a result, we have assessed and forecasted these potential needs and have formed strategic alliances that will support us in meeting and exceeding these new requirements.

Finally, a word from our Chairman, Major General (Retired) James “Spider” Marks:

“As a follow-up to my recent share disposition, I would like to provide some context to clarify that my decision to monetize these shares at this time is in no way a reflection of my sentiments on the direction or future of Mission Ready, and was transacted for the sole purpose of satisfying certain time-sensitive personal obligations. To be clear, I am more bullish on Mission Ready as a Company than ever before which is why I am pleased to have been able to fund the bulk of my requirements through alternate sources of capital. Believing strongly that Mission Ready is on a path towards unprecedented growth and success, both near and long-term, I have every intention to rebuild and bolster my equity position in the Company.”

Buck Marshall
(Signed “Buck L. Marshall”)
President & CEO

For further information on Mission Ready Solutions Inc., visit MRSCorp.com or contact:

Investor Relations
T: 1.877.479.7778 – Ext 5
E: MRS-IR@MRSCorp.com

Forward-Looking Information
This newsletter 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.

Fellow Shareholders,


Following a drought period in government spending and times of military withdrawals, political tensions are now at new heights, and the impacts on the world will be felt both economically and politically.

Our mission is to provide governments with the products and solutions they need, when they need them. We successfully positioned Unifire as an emergency response provider, responding to the call of various agencies, swiftly providing them with supplies and solutions adapted to the situations.

As a result, Unifire led the relief efforts for the Afghan refugees’ crisis and, importantly, continues to support the US Government as a solution provider for the increasing number of Ukrainian refugees. With our various strategic contracting vehicles, including the COTS Shelter contract, Mission Ready and Unifire are in a favorable position to provide products and solutions imperative to humanitarian efforts.

And as a Company, we rise to the call of the US Government, but also of foreign governments, including our UN and NATO allies, leveraging our worldwide network of vendors to provide needed items, solutions, and logistical support. We have identified critical areas of need and have actively organized resources to offer a variety of products, from shelters to sleeping bags, cots, potable water solutions, food sources, and more.

In addition to our humanitarian efforts, we are mobilizing our capabilities to answer the call for ballistic solutions needed by our allies, from the basic plates and plate carriers to complete head-to-toe solutions.

Our team is hard at work putting together these resources and showcasing our global capabilities, and I would like to take this opportunity to thank them for their sustained, dedicated efforts. I would also like to thank our ever-expanding network for their continued support.

Finally, our subject matter experts, both internally and externally through the Board of Directors and Advisory Committee, continue to bring forward opportunities to actively explore and pursue discussions with innovators, manufacturers, suppliers, and government stakeholders as part of our continued commitment to offer innovative and potentially disruptive products and solutions.

Sincerely,


Buck Marshall

(Signed “Buck L. Marshall”)

President & CEO

For further information on Mission Ready Solutions Inc., visit MRSCorp.com or contact:


Investor Relations

T: 1.877.479.7778 – Ext 5

E: MRS-IR@MRSCorp.com

Forward-Looking Information


This newsletter 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.

Fellow Shareholders,

December indicates the end of the Company’s fiscal year. But December is neither an end nor a beginning and instead marks the continuation of the progress we make as One Company, One Team, going in One Direction. This year’s end is also a time to reflect on our achievements.

Earlier this month, we announced that Unifire had been awarded up to $200MM for the COTS Shelter Systems. But what does this mean for your Company? First and foremost, this announcement emphasized your Company’s ability to thrive amid uncertainty. While Unifire joins other industry leaders on an existing contract, this new $200MM ceiling represents the Company’s portion of this contract. Importantly, as part of our proactive approach to seek opportunities with superior ratios, Unifire successfully positioned itself as the manufacturer of record for some products currently included in the contract, effectively adding greater value to the contract as we realize two different (but related) sources of revenue.

2021 allowed us to focus on value drivers, making great strides in reducing our liabilities and positioning the Company for long-term growth. We have continued to build relationships with our vendors and partners while bolstering our dealer network and introducing several new disruptive products and services, positively increasing our offering and showcasing our ability to provide the Government with solutions to unmet needs.

We have also overhauled our communications, redefining our image, message and audiences, along with the use of our communication channels. We have kept our stakeholders updated on the Companies’ progress and have shared our story with industry media, analysts, and institutional investors. With ongoing discussions, we feel that we were able to efficiently grab their attention and convey the excitement and potential behind our story.

As we approach the new year, our team continues to increase its marketing efforts to get our name and story on everyone’s radar ahead of important catalysts and progress in our outreach to institutional investors internationally.

We also reflect on what 2022 will bring for the Company and its shareholders. While our primary focus remains to provide the Government with innovative products and solutions through precise and accurate responses to solicitations – or via our existing contracting vehicles including Blanket Purchase Agreements (BPA) and Schedules (GSA and VA) – we continue to work with our domestic and international partners to explore opportunities and to accelerate the expansion of our product distribution network.

The imminent launch of our full-scale E-Commerce platform will mark a new step towards our efforts in building layered revenue streams, allowing us to offer more than 20,000 products, including both in-house and vendors’ products, in one convenient, easy-to-shop location that’s readily accessible to retail consumers.

With a second continuing resolution adopted earlier this month to keep the Government funded through February 18, 2022, we are also confident that the new year will effectively bring a new budget and needed stability and predictability for our Government and its agencies, restoring their ability to continue to be ready for today, while looking at investment in the future.

I wish you and your loved ones a happy holiday season.

Sincerely,

(Signed “Buck L. Marshall”)

Buck L. Marshall

President, CEO and Director

For further information on Mission Ready Solutions Inc., visit MRSCorp.com or contact:

Investor Relations

T: 1.877.479.7778 – Ext 5

E: MRS-IR@MRSCorp.com

Forward-Looking Information

This newsletter 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.

Fellow Shareholders,

Late Friday evening, U.S. Congress passed a bill containing an infrastructure package with $1.2 trillion to be injected into America’s infrastructure.

But how does this affect your Company? The bipartisan infrastructure package includes, notably, a version of the “Make PPE in America Act” co-sponsored by Senator Rob Portman (R-OH) and Senator Gary Peters (D-MI), to help rebuild a domestic supply chain for PPE production and reshore an industrial base of US PPE manufacturers by guaranteeing long-term federal contracts and expanding Berry Amendment requirements for agencies including the Department of Homeland Security (DHS), Health and Human Services (HHS) and Veterans Affairs (V.A.).

The successful passage of the infrastructure package, scheduled to be signed into law in the coming days, also represents a critical step in our nation’s plan to replenish the Strategic National Stockpile by incentivizing our industrial base to create a robust domestic supply chain, fostering long-term investments to expand existing capabilities and maximize capacities knowing that the government will support those investments in its efforts to reinforce the importance of U.S. Made PPE.

The Company is also confident that through more than $500 billion of new investments in infrastructures, including roads, bridges, water, and energy systems, our demonstrated ability to source and deliver products needed when needed, and our host of government contracting vehicles, including our GSA Schedules with critical schedules such 51V: Hardware Store, Home Improvement Center, or Maintenance, Repairs and Operations (MRO), will enable the Company to position itself favorably as a core provider of products and solutions to support the government and its blueprint to rebuilding America.

Friday also marked the announcement of another important step in the Company’s financial progress, through the negotiation of a debt settlement for liabilities previously accrued pending the outcome of this claim and included as part of the Company’s balance sheet. The team successfully negotiated terms that will allow Unifire to repay the principal amount while minimizing the impact on our cash flow and liquidity and, importantly, retain our ability to invest in the future growth of our operations. In simple terms, amortizing the outstanding principal over 60 months with a maturity of 24 months results in a reasonable monthly payment while allowing us to continue improving our working capital and liquidity ratios. We have structured the arrangement to effectively align the collective interests of the Creditors, the Company and our shareholders by ensuring that the financial prosperity of the Company is accretive to all parties in that the Creditor receives payment as agreed during the term, and the Company and its shareholders receive the economic benefit of moving a portion of short-term payables to long-term, while mitigating the need to issue Company shares in connection with the arrangement.

Though it is not our intention or expectation that any portion of the debt settlement amount be paid in shares of the Company, the equity-based security component serves to provide economic value to both the Creditor and Company by introducing a predetermined and mutually agreeable remedial arrangement in the event of a payment default by the Company.

This last year saw us make great strides in building a financially viable and cash flow positive company, making forward progress by significantly reducing liabilities, building solid relationships with our vendors and partners, and allowing us to secure favorable terms, achievements that result in a foundational fortitude to weather storms and help positively position us for what is coming.

While our primary focus remains Government contracts domestically, we have expanded our ability to generate revenues through non-government agencies, mainly commercial customers and we are actively working on bringing the core products we manufacture in-house, as well as the numerous items through our vendor network, to the retail market. This is another step in our vision to build the foundation on principals of business, diversified revenue streams, and a culture that moves Mission Ready forward. I referenced order of operations when sharing the vision for the Company during my first few months, and each step we take in the correct order will build shareholder value, but it takes time. I am grateful for those who have been with the Company for the long haul, and I am excited as we continue to forge new relationships with both retail and institutional investors.

Sincerely,

(Signed “Buck L. Marshall”)

Buck L. Marshall
President, CEO and Director

For further information on Mission Ready Solutions Inc., visit MRSCorp.com or contact:

Investor Relations
T: 1.877.479.7778 – Ext 5
E: MRS-IR@MRSCorp.com

Forward-Looking Information

This newsletter 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.

Fellow Shareholders,

October marks the beginning of the new fiscal year for the US Government. And with this new year come many questions surrounding the budget and an opportunity to provide a corporate overview and discuss growth and strategy.

Mission Ready’s goal is to provide turnkey solutions to the United States Government in response to the challenges they face. Accordingly, we have supported law enforcement, military, government, and other agencies throughout the years by manufacturing and sourcing various products and services needed to accomplish their duty, including Personal Protective Equipment. More recently, as part of our commitment to provide solutions, we have successfully provided PPE to the Defense Logistics Agency in their initial response to the COVID-19 pandemic. We continue to assist in the efforts to respond to this evolving situation and have reiterated our strategic commitment to provide critical supplies and solutions through the recent announcement of a $3.8 million order placed by the Department of Homeland Security (DHS) using Unifire’s GSA schedules. Importantly, we have validated our contracting infrastructures and showcased our ability to rapidly source and offer an extensive inventory of quality products, including disaster response.

Our position as an industry leader has led our team to increase engagement with various government bodies and agencies in planning activities where officials and key industry players joined to create a dialogue on needs and opportunities. Being engaged with decision-makers on the frontside of innovation allows us to see the potential for growth and identify three major areas of potential; Cybersecurity, Chemical, Biological, Radiological, Nuclear (“CBRN”), and Information Technology. As a result, we have been proactive in allocating additional resources that will help us capitalize on those verticals encompassing R&D funding, large contracts, and sales & services opportunities they represent. 

Protect The Force, and Unifire Inc continue to be engaged in DHS R&D-funded efforts in order to advance first responders technologies. Both companies have submitted white papers, which have materialized in invitations to provide full proposals for potential 2022 funding.

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 to allocate significant resources to the space in which we operate remains strong, and several vehicles exist that would allow the government to spend with limited time constraints. We are confident that Unifire GSA schedules, recent Blanket Purchase Agreements (BPA), coupled with our demonstrated ability to provide the government with the products they need when they need them, will be significant factors in our continued success.

We have worked diligently on realigning our financial resources while bolstering our human resources by notably strengthening our sales team, who has worked tirelessly on submissions currently in various stages of the solicitation process while actively onboarding new vendors and reinforcing existing relationships that are the keystone to our success and help us retain our favorable positioning as an industry leader. As recently evidenced by the Department of Homeland Security, we have focused on generating sales through our reinvigorated efforts related to our GSA Schedules and continue to receive a sustained flow of orders that maintains our cash positive position.

The positioning of Advanced Tech Rescue has also allowed us to allocate resources to better represent our legacy products, where Unifire has worked since 1987 to set the standard in critical life-saving products and enhance our sales efforts to advance opportunities for high-performance rescue equipment that have undergone thousands of hours of real-life emergency situations while maintaining their durability and resilience.

Even as Government spending is off pace with our expectations, we have been active in mitigating the lull in awards by increasing our manufacturing capabilities through investment in equipment that will improve our processes and efficiencies and open up the door to new revenue opportunities. And with global supply issues being discussed worldwide, we have positioned ourselves favorably, obtaining payment terms from key vendors and suppliers to ensure our ability to meet anticipated demand. We have also been proactive in securing Berry compliant and 510(k) certified suppliers to meet the highest standards of future contracting opportunities.

While our focus remains on protecting those who protect us by providing our country with the products and services they need, we continue actively working with our partners to explore opportunities and use those relationships as a force multiplier.

Internally, our team of innovators and experts – whose depth of knowledge and industry relationships have successfully materialized in groundbreaking solutions, patented innovations, and ongoing discussions with advanced technology pioneers – are committed to proactively championing Unifire’s catalog of disruptive solutions to all levels of the US Government.

Our Board of Directors and Advisory Committee are comprised of leaders and luminaries in their respective fields, who have not only inspired changes across the military, law enforcement, fire and rescue, banking, and apparel industries but have also given rise to new opportunities that are well within our colloquial ‘wheelhouse’ as a comprehensive government solutions provider.

Finally, our team continues to be committed to building shareholder value through ongoing discussions with institutional groups and communications initiatives that will help Mission Ready support and inform its shareholder base while bringing awareness to the story you all came to know, but that remains largely untold.

Sincerely,

Buck Marshall

(Signed “Buck L. Marshall”)

President & CEO

For further information on Mission Ready Solutions Inc., visit MRSCorp.com or contact:

Investor Relations

T: 1.877.479.7778 – Ext 5

E: MRS-IR@MRSCorp.com

Forward-Looking Information

This newsletter 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.