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What better time is there to buy out a company, after they have spent years of research and development on a new metal composite, to buy the patent and technolgy, before they get 20 new contracts this year. On Feb 24 news said the new metal matrix has been tested and is superior in lightweight and strength, and then 13 days later they get a offer for a buyout.
THRR said the new metal matrix composite can be used for armor, Helicopters have a hard time being armored because it adds weight, and then they cant haul anything, so if they have a metal that is 3x stronger than steel and lighter than titanium, and armor proof, that would be huge to armor our helicopters and lower the weight. Check out old news on all the uses on the new material
http://blog.qualitystocks.net/?cat=633
The only share count anyone has to worry about is how many shares you have in your account, when they pay out a penny a share.
I saw a bead of sweat off of shorties brow just now
You guys selling for .0014 today can buy it back for .0080 tommorow
Why would the buyer want to be named. Then their competitors might say,hey we could use that company too, and start a bidding war. If I was the buyer, keep my name out of news till deal is signed.
News
Thresher Industries (Pink Sheets: THRR) is announcing it has finalized its plans for a conference call to investors. The conference call is for shareholders and interested parties, to clarify the offer received on March 9, 2010 to purchase Thresher Industries. Roger Rowell, the company's CFO, will speak, as well as the company's Securities Counsel. The call is scheduled to take place at 11:00AM PDT on Wednesday, March 24, 2010. Thresher will have the call in information posted on its website www.thresherindustries.com.
Reverse split is crazy and makes no sense, they stated they wanted the deal to be done by April 10, why would the buying company just not offer .0010 for the company, then instead of offering 1 penny and wanting to do a 10 for one split.
Just put this in perspective:
Would they do research for years to develop new materials, design new casting machines, get contracts from defense contractors, lighting companies, and making automotive parts, lease a huge factory and set up all the machines and furnaces, and then put out a scam to bilk investors after they just came out with the new metal matrix composite, which could be worth billions, and risk jail time for them and all their family, which Tom said his family owned greats amount of stock in the company.
They predicted revenues of 15 million, in older news articles, now that they have the new metal matrix composite, and the natilus core device, they said the possibilities are endless as to what they could make. PE of 9 at a buyout of 140 million would be a deal for a billion dollar company. Here is the archive of 2009 news and all about THRR
http://blog.qualitystocks.net/?cat=633
Archive of 2009 news for Thresher
http://blog.qualitystocks.net/?cat=633
Just pulled up some news from last year, talking about THRR.
http://blog.qualitystocks.net/?cat=633
I believe that a company would pay 140 million to acquire a new metal matrix composite that 2 universities have been researching for year and get the patent, 3x lighter than steel and as strong as titanium, can be used to make vehicles lighter, armor for vehicles and aircraft, spacestations, electronics, and the list goes on. It is not about the share structure, are how many assets THRR has, it is the patent and technology, pure and simple, the company is not worth 1 cent, but the new metal matrix composite is worth billions to a electronics company or defense contractor.
This is my take on the shares: If you listen to the CEO interview, here is the link, just hit interview http://www.ceonews.tv/ Tom says that he and his family own large quanity of the shares and have never sold any as to date. On Tuesday March 16, THRR said they accepted the offer and were proceeding with sale. At 3:00 on March 16 4 Billion shares were added to AS, which I think were all the restricted shares, perferred, or family own shares, that have been added to AS, so buyer can buy all of the shares as common shares and not have restrictions on them. I am not sure but, if insiders owned 51% of shares, they would not need for shareholder votes, seems like if they only owned 10% or so, all shareholder would have had to vote on this, but in this case insiders own the majority of shares and did not need our vote. If this was a scam, they would have added the shares ahead of the buyout announcement.
Nothing is different, just lots of scared people running for the door
I think they should have said only the last few men standing will get a penny a share. lol I am holding till I hear of no buyer or sale is cancelled.
This is what separates the men from the boys, everyone wants to wait till buyer is announced on Monday, but it will be to late then to jump in, sell today, cry tomorrow.
If you look at the company, no it has 10 billion shares and debt. But they are getting bought out because of the patent. They have a new metal matrix that is 3x lighter and is as strong as titanium, used for armor, nuclear shielding, aerospace, etc. What is that worth, for a large company that is doing govt contracts. Cant believe people are selling for .0017 today, will be crying and throwing things next week.
I think the guys that sold to me for .0005 are upset, and I think the guys dumping for .0018 now will be upset on Tuesday.
So when the buyer is announced on Monday after the close, is everyone going to try and get back in at .008 on Tuesday
They never said that they would say who the buyer is on Monday, I think they will say that during conference call
It will if someone is dumb enough to sell for that
I agree, I think they would have come out with a news article telling about conference call to answer any questions about the sale.
Look at all the restricted shares, those had to be added
It was first published on the sale of the company on March 15, 20 business days would be April 10.
After listening to the CEO interview and talking about the company, you can tell he is real excited about the new metal matrix composite, How it is light weight and strong as titanium, He said he believes in the company and he and his family owns lots of the stock and has never sold any. http://www.ceonews.tv/
It is a shame with all the penny scams out there, but when one like this comes along, no one believes because it is to easy. They have a new metal composite that is needed for military and who knows what else, it is sad that no one believes that this could go to 1 penny
Yes I think it is Onodi for sure, with all the military contracts, and armor vehicles, they need this new technology and they need it now.
Dont worry THRR has different lawyers than PGYC
Onodi tool and Engineering is a private company, they would not have to report anything, would they, if they were buying all the shares of a public company
If I was a gambling man, which I am, I would say the company was Onodi Tool and Engineering, which they have been doing business with for the last year. From Onodi web site:
Capabilities
Onodi Tool proudly provides only highly skilled programmer operators, utilizing innovative techniques and skills to produce the highest quality products. We have "State Of The Art" CNC machinery and CAD equipment. Our staff is continuously trained and updated with the latest machine tool technology. Onodi has the cutting edge when it comes to getting your job done right, attentively and accurately.
Onodi Tool & Engineering Company has been a proud supplier to the United States Government and Tier One combat vehicle manufacturers since the early 1970's. We have met their requirements by manufacturing thousands of items that have been "Battle Field Tested" and troop proven. We stand ready and eager to meet your toughest machining challenges.
Our specialty is versatility. ...
"We Do The Difficult"
I think it has something to do with the govt. With the metal composite being able to make nuclear shielding, armor, aerospace and electronics. I would really be surprised if buyer was anounced early, most of the companies that do billion dollar contracts with govt, do not talk alot.
Article from the Fresno Bee paper,
http://www.fresnobee.com/2010/03/17/1863110/sale-of-hanford-company-goes-forward.html#storylink=omni_popular
This is my point of view, take it for what it is worth, IGNT makes oxygen sensors, and their stock went from .001 to .015, ZVTk went from .0015 to .016 and that was some guys that do not make the light bulbs, or take orders, are even send out the product. Here we have a company that just came out with a new metal matrix composite, that can be used in armor for vehicles, nuclear shielding, aerospace, electronics, and the list goes on, and you dont think this is worth a penny a share.
Read the letter to investors on Threshers home page.they have a new matrix metal composite that can be a provider of nuclear shielding materials, aerospace, electronics, and defense systems are all targets for the new material. This could be the govt that is buying them out and they are told not to talk.
http://www.thresherindustries.com/Open%20Letter.pdf
I think it was the S&P Company mentioned in one of their last news articles that made a big order, that is buying the company, here is from news article.
Thresher Industries, Inc. (Pink Sheets
: THRR), a California-based manufacturer of precision aluminum and advanced metal matrix composite parts, announced today that it has received forecast of purchases for 2010 from an S&P 500 company. Thresher anticipates beginning production for both parts in February. Thresher is estimated to receive between $400,000 and $625,000 in orders for both parts for year 2010 from this S&P 500 company. Thresher has also quoted value added services to these two parts that could raise its revenue
13 up to bat
Wow buyout for .01 for all outstanding shares
Huge buys coming in for .0008 .0009 is up now
News said this was biggest order overseas, does this mean that the million dollar order they had, did not go thru