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Okay. Anyone feel free to correct me if I am wrong, but when the news of the buyout was first published by THRR, I think they mentioned that the potential buyer is a company that they had a business relationship with for the past year. Sooo.... If they have had a business relationship for a year with this potential buyer, they would be more than willing to give Thresher a two week extention. They have to do this in a formal way, so they there is always the possibility of rejection, but they must know, maybe by a verbal okay from their attorney, that they are going to accept the extention. Otherwise, why would they say they are going to announce the buyer on May 4th? You must always extend an offer to purchase in writing. That is just simple contract 101.
Oh, come on! I have dealt with sale of business closings, too, on the legal side, and closings get delayed, extended ALL the time for one reason or another. Plus, were did it say the that this was a HARD deadline?
Again, another RIDICULOUS statement. That was over two weeks ago! He could have been in the hospital the following week.
DUDE! Take your cap lock off!!
I don't know if anyone has said this, but your comment is TOTALLY ridiculous. You obviously know nothing about pneumonia! It is either bacterial (most common) or viral (which is very serious). Everyone knows that the temperature has NOTHING to do with contracting pneumonia. Actually bacteria thrives in warm/hot climates.
Just curious where you found their hours of operation? Did their answering service tell you that, or did you see it on their website?
But that fact doesn't make them dishonest or a scam, which some people are posting.
As I posted earlier, THRR is a small enough company (pink sheet company) that they are not required to file anything with the SEC. Their stock is exempt from having to register with the SEC (i.e. too small of a pink sheet company)...
My point was to everyone who has posted that this is a scam, because THRR hasn't filed any financials, etc. with the SEC. They obviously are not a company that is required to file anything with the SEC.
I looked into Pink Sheet stocks on the SEC website and found that only pink sheet stocks that are not exempt from registering their stock with the SEC (being a large enough company, which most pink sheet companies are not large enough)are required to file any financial statements with the SEC. Thresher's stock is not registered with the SEC, therefore, IMO it is an exempt publicly traded pink sheet stock that does not have to register with the SEC and further is not required to file financials with the SEC. They are meeting their filing requirements with pink sheets and I believe are current with those filings.
WOW! This board sure got quiet fast..... Could it be that now THRR is going up, no one has anything to say? HHHMMMMMM....
I hope it's over and done this week. $.01 a share...... :)
So much speculation here. How does anyone know the terms of the buyout? Maybe the buyer knew it would be diluted so they could buy up the shares and keep there cost down on the purchase. All we know is .01 for any and all shares. What if ? What if? Time will tell.
I hope so. That was some great pr. up up up!!!!!
What planet do you live on? Since when do you GAIN 3 hours going east to west in the U.S.?
Why don't you check out Talon Composites website www.taloncomposites.com, the affiliate company owned by Thresher Industries that has the patent on Talbor. Look at who the U.S. representative is for the company, Robin A. Carden!?
Okay, wellll suspending their company would ruin them. Again, why would they do that?
Also, wouldn't that be in direct conflict with this statement made in the March 17th company PR? "The Board of Directors opinion is that this offer is exorbitantly admirable with a proposed settlement that exceeds the current market price range."
They have "revealed" .01 pps, they will "clarify" it REALLY is .01 pps as they previously "revealed"
Okay, everyone look at today's PR very closely. The only people speaking on the CC on the 24th is the CFO and the Securities Counsel. No mention of the CEO or anyone else. I take that to mean that this CC is strictly to tell everyone how the buyout pertains to the shareholders and the stock. imo Sooooo what if there is still the possibility of the buyer being disclosed today? hmmmm.......
I have been waiting for someone to make this EXACT point! Thank you!
Wish I was the buyer. This is amazing product that can revolutionize the world in many industries. And it's green.
I'm with you doinit. I'm long and i'm not going anywhere till i get my penny. GLTY
I'm holding a long position to the end. I hope we all get what we are after here. pr from company is good. Pr from other sources not so good. I'm with THRR. Can't wait to get that penny. GLTY
If the buy out is not for real he'll be eating off of the slate with bernie. IT"S FOR REAL I FEEL. Let's do this.
Thanks for your response, Glad some one feels the same as I. Patiently waiting for the .01.
My point is I don't feel their will be a r/s because if Tom Flessner is being paid a penny a share that would hurt him/us. A r/s split would take money out of his/our pocket because he is a shareholder as well.. So how would it benefit him to do a r/s as a shareholder.
I understand that a r/s can happen with ANY penny stock, but that was not my question. My question was WHY would Tom Flessner and the other major shareholders of the company, vote to do a r/s when they have received and accepted an offer for a penny/per share? A r/s, prior to the closing of the purchase, would cause them to loose money along with the rest of us. How would that benefit him?
Can someone please explain to me why Tom Flessner would do a r/s when it would seem that would just shoot himself in the foot, being a major shareholder, as well as the CEO.(?)
I guess I am not supposed to attach links to other websites, so I just wanted to invite everyone to listen to a podcast on stockguru.com with Tom Flessner that was done on May 28, 2009. I just listened to it and it really shed a great deal of light on Thresher Industries and their management. This company will provide so many benefits to any company that would want to buy it. They are a zero discharge company (huge governmental incentives!) They are located in one of the hardest hit unemployment areas in California. (With the new job bill, I think the new company would get credits for each worker they hire that has been out of work for more than six months or 60 days? not sure which). Flessner predicted that with the orders they had received at the end of 2009, these customers would generate at least 25 mil annually. Okay, I will step off of my soapbox now!
In my research, I have seen several statements that the acquiring company's stock (buyer), by rule of thumb, tends to go down in value after a buyout is announced. This could be another good reason why the buyer hasn't been announced. imo. thoughts anyone?
If you are asking this question, you don't know anything about this company and their technology!
They must, because April 22nd is a Thursday, not a Monday.
What makes even more hiliarious, is that it was for only 10,000 shares!! Someone gave everyone a heart attack for $6.00!! LOL
The confusion is that the filing of 02/22/10 states that the information is as of the end of third quarter 09/30/09 and that the TA is stating that their information is as of "today" or "yesterday" whenever the information was given. So, is the information that Schwab has, Scottrade has, Ameritrade has, current or are they just going by the third quarter info? That is the billion dollar question......
Come on! Don't be so greedy. Do the right thing and buy at .0003. You and everyone else that is waiting to get in at .0002 are doing nothing but stagnating this thing.
Well, it finally worked!!! All this dumping at .0002 finally pushed the bid to .0001 and the ask to .0002. Everyone that was waiting out there better get busy buying!
Please do not say RS!! That would be a total disaster for me!
Sorry, correction 75 mil in sell volume, but what's the difference, it still ridiculous!
Okay. Is this the "alot more" you were talking about? 78mil in sell!!! What the #@#%&*#@@!