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Isn't this called a "hostile takeover" ?
T minus one hour and a few minutes to determine if this is $10000 for every million shares or .00001...
$1.20...today.. Is this MM playing games or early inside approval trades??
Thank god it's not leap year..
It's 6:12 a.m. here in Ca. so just figure out what time you are and add to get to 11:oo a.m. Who cares PDT PST we are on daylight savings time.
It's 5:56 a.m. p.s.t. right now. Add whatever hours and time you are right now to get to 11:00 a.m for christ's' sake....
The forgot to mention they will release the audit after the merger on leap year day..
I called several weeks prior to sale and they would not tell me OS referring me to the TA. Their PR on 3-12-10 stated 1.4 billion OS. Which was deleted a few days later. I am still not sure what OS until I hear it from Flessner's mouth.
pre selling already @ .002....
Here's a genius move if CC is according to script...
From Yahoo Board:
>>Tommorrow, starting at 9:30 I have an open order in to buy everything up to .0035. So, any shorts out there need to cover a few hundred million? I'm your man. I will be buying at the bid and ask until I run out of money or until the market closes. I have a huge wire coming in tonight, that will clear up tommorrow for settled funds available for trading. $771,652.00 If all goes well and the price did what it did today and holds under .02 I should get a nice fill. If I get the majority under .0023, I will own 385 million shares of THRR tommorrow, this combined with my position as of yesterday<<
The have announced several openings over the last year and never had the price spike or volume they experienced the last few trading days. Something else must be going on...
16 with a bullet..
That means they CC with two hours left in trading day.. They have absolutely no fear in what they will announce.. Anybody short is a dead short walking..
Massive short covering.. The MM experts were 100% correct last Friday..
Quite a poker game. Wonder who is going to blink first??
Whew! 40 million traded at the blink of an eye..
There is none..
>>Gardner also made 3 purchases last week in the 20+ million share range. <<
Can you post a link to that purchase? If a BOD is buying that would be positive news..
Greedy, how do you know the diluted shares are currently trading? What if MM's and others are naked shorting billions of shares?
>>So now the problem is how to bring the share structure back to the ammount in the outstanding at the time of the offer (1.4B X.01 per share)and the next step will be to do a reverse split wipe out the commons (us) then convert the prefered shares to commons complete the buyout and give the money to the insiders.
<<
bradukus have you ever seen a deal go down like this?
So you believe the original deal was for 1 penny @ 1.4 billion shares? This deal makes little sense. They are putting out a PR with a sale price of a penny a share; flooding the market with shares then will reverse split to equal out original 1.4 billion/penny a share deal??
If the outstanding shares are high and float is low then someone is holding a lot of shares...
Is there a logical explanation for a buyout announcement then a continuous increase in outstanding shares?
Here's another- does anyone know what the float is??
What a brilliant method to scam people into buying THRR stock. Go establish a relationship with a top west coast university to work on their patented technology so they can full investors into thinking they are really a real company.... Man this is a new one for sure......
Bought more too. That was fun..
Less than a minute!!
.0013's about to be taken out..
Wow trading is just furious.. 15 million share trade...
That's correct..
Some pretty furious trading 20 minutes before the bell. Looks like a raid on cheap shares cause they know this will explode Monday..
Great post.. I have a bid in @ .0011 and not filling. If the house was dumping they would have ate my bid up by now..
So THRR's PR looks like EWRC's PR. So that makes this bogus? That is just absolutely ludicrous..
Already a .0017 sale thru @ 9:23 on my Schwab acct.
But that is what they reported which incidentally coincides with the 9-30-09 float.
Here's a link reporting THHR sale acquisition for 14.1 million.
http://investing.businessweek.com/research/stocks/transactions/transactions.asp?ticker=THRR:US
THRR insiders likely hold 51% of the OS.. Therefore a hostile takeoever is not possible but good idea..
I got out @ 60 cents a share a while back..
That's old news ..Not accurate currently.
Question since OS have increased in the last few days; are those shares required to be put up for bid on in order for them to become part of the float?
The buyer is buying all the shares he can right now and can buy all he wants at this point this is not considered insider trading currently. It's no different than a company buying shares in an attempt of a hostile takeover.