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Did I see the transaction will be closed asas April 10, not April 30???
Press Release: "I would like to thank everyone who attended the call, and for your positive feedback and continued support. We believe our decision to move forward with the sale of Thresher is in the best interests of our shareholders," said Mr. Rowell. "After the call, we received numerous inquiries regarding the use of term 'mini-tender offer.' I apologize for any confusion this has caused and would like to clarify that the offer we received was unequivocally to buy 100% of the issued and outstanding shares of Thresher Industries
for $0.01 per share. We are now starting the due diligence phase of the process and once that is complete the next phase will be the finalizing of all documents necessary to close this transaction; which could be as soon as April 10, 2010. We will continue to update everyone on the process."
Is there any chance for this stock to go up to 0.0030 pps again?
Some investors still hold long until April 30, did they realize that there is no such 0.01 pps buyout stated in PRs?
Is there any hope for 0.01 pps in coming closing date April 30?
Anyone give some specific numbers for offering 1 cent per share or less than 5% ...etc. on all issued and O/S shares if buyout will completely close on April 30? What a headache long waiting period!
I appreciate anyone responds!!!
Anyone tell me:
1. What will happen to Tom and his family own large quantity of the shares and have never sold any ? Will he and his family will sell or have to wait until 20 days more to April 30 closing date?
2. I'm confused with 20 days from March 16 to April 10 ??? and now 20 days from today to April 30??? Can someone explain? Thanks.
Brian2010, would you provide a link about your post: "Huge THRR news out about there might be a possible counter offer from a large company that wants to bid on THRR. I've been hearing this in all the stock chat rooms from big players and I received an e-mail about it. This is huge because now they might get more than .01 on THRR buy out"
Ryanmnly, I like your post! :)
"The day that conference call hits, the whole thing is over. That day we will find out who the buyer is, how the buyout works, how/when we get paid, and that trading is officially halted. Or, we find out there is no buyer, all credibility is shot, and a reverse split or business as normal is in effect.
I think that the risk vs. reward ratio leans toward this being completely legit. The motive for deception doesn't seem to fit because the amount they have to lose is huge. However, we're in pink sheet world so I won't rule it out completely.
But, I can assure you one thing: when that conference call happens, we will have our answer, for better or for worse."
Please provide a link for Buyout news,thanks.
3:49 pm now :)
The call is scheduled to take place at 11:00AM PDT on Wednesday, March 24, 2010. Anyone tell me what time if it is in Oklahoma at that time? Thanks.
mschake, would you explain more about this meaning on your post: "the stock will be halted...." ? Thanks.
alexander77, are you going to invest/buy at 0.01 pps after the Buyout already completed done/close because of this future earned revenue company will make?
Your post: "...and worth a lot more than .01 in the future I might add."
Could THRR stock be long term after Buyout completed? I'm not sure that I can hold this stock until the end of this year after Buyout 0.01 pps was completed done, but I've read some informations about their numerous orders or contracts on the way to each coming quarter?
Your post: "they convert all outstanding shares from shares to .01 in your account. Shares are cancelled and replaced with cash." So this means THRR shares I bought will not existed in my account even I'm holding, not selling at 0.01 pps?
Thank you so much for your explaination about stocks' shares!
I'm very appreciated your spending time on this post.
Good Day!
I hope I'll have more funds to buy this pps at the beginning week of April if no R/S, I think this stock for short term play. What do you think, MM240?
Hahaha:) You're funny!
Dante64, so the account balance will be shown 0.01 pps? what will happen after a few minute or an hour later in that day, is it still 1 cent pps?
Your replied: "Normaly when there is a buyout you can't even buy anymore? The time market opens pps is already at the buyout price."
Mitshelton, so it's not good to hold at the end of this year if I don't sell at 0.02 pps like you've already set to sell after buyout officially, right? Do you think it is 0.02 pps maximum you can guess?
Your replied: "I think after the buying company purchases all the shares they can at .002 range, they will then finalize the purchase of the company and purchase all remaining held shares for .01. Then the shares will be retired and there will be no PPS. IMO At least thats what I would do."
Mitshelton, so do you think after buyout offer 0.01 pps, is pps gonna go up or go down (0.0090 or so on...)? Or depend on PR of 1Qr sale/revenue...?
This question we need to ask CEO Tom Flessner when we have a chance to chat with him tomorrow.
So after buyout offer 0.01 pps, is pps gonna go up or go down (0.0090 or so on...)? Or depend on PR of 1Qr sale/revenue...?
Brian2010, you mentioned about "no more shares because it is a buyout, not a merger...." Would you explain more about this? Thanks.
Thank you for your responds! Good Night, JJ !
Anyone know how to calculate dilution with OS or AS or FS to come up with pps 0.0002 currently? Any R/S coming soon?
I appreciated your responds!
please respond if you have any comments:
1. The buyout is for the technology/patents OR something else ?
2. Any affects to the sales/revenue for each coming quarter if the boughtout company had that exclusive technology producing as same products as THRRs'?
Anyone know how to calculate dilution with OS or AS or FS to come up with pps 0.0002 currently? Any R/S coming soon?
I appreciated your responds!
Anyone know how to calculate dilution with OS or AS or FS to come up with pps 0.0003 currently?
I appreciated your responds!
Anyone know how to calculate dilution with OS or AS or FS to come up with pps 0.0005 currently?
I appreciated your responds!
Any R/S coming soon? imo...
afxm, after I've read your posts and I have a few questions to ask you, please respond if you have any comments:
1. The buyout is for the technology/patents OR something else ?
2. Any affects to the sales/revenue for each coming quarter if the boughtout company had that exclusive technology producing as same products as THRRs'?
Please record or capture a camera with CEO Tom Flessner when that time comes and try to put on Youtube.com or any link ASAP!
I planned holding THRR stock for this year, and maybe for next few years.
ATTENTION: Please record or capture a camera with CEO Tom Flessner when that time comes and try to put on Youtube.com or any link ASAP!
Thanks for your efforts!!!
ATTENTION:"TOM FLESSNER"
Would you please better give the name of "offering boughtout COMPANY" today or tomorrow? Otherwise, you'll see MM's twisting this stock until April 10.
If my wish is come true, I'll send my brand new house pictures having my family members in that pix to let you see by the end of this year!
Good Day!!!
That's ok! I'm holding long with 0.0001 pps now until the end of this year!!!
Good Day!
Would someone call or contact to THRR to find out "Who bought this company?"
That is the point "where does it say they were offered .01??"
We need to call or contact them to find out "who bought this THRR?", the press sometimes issued some mistakes, can't trust all information. Hope they'll reply ASAP!
Congrats believers!!! I think there's no R/S after April 10,2010 and I am holding long to the Q1 Press Release for their green products, after that to the end of year!
I'm with you, buccaneer! I'm not going to sell until the end of this year to see how this potential green company do their business with green products and some numerous contracts for Q1,Q2,Q3,Q4 in 2010. Of course, with the condition "no R/S"
Wish all the best!
Is there any R/S coming soon with this situation?