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No, the other guy was right. I checked with my friend who works for Boeing to look him up in the system. It shows he is employed with Boeing in Huntington Beach, CA. His role is Manufacturing and Fabrication Engineer.
Thats exactly what I said last night after dinner.
because that is called insider trading and that is illegal since you already knew that the buy out was under way.
That William Harrigan is a pretty lonely guy in the corporate world with just only 1 connection on LinkedIn. Could be a fake profile somebody created to mislead you.
lol no need for grief counseling. I already made my profits and now riding on the house's money. I'm in it for the thrill from here on out. I know better when playing with these pinky stocks. I'm just here on this board to see what you numbnuts are up to.
The 200 million dollar price you put in your last message there was exaggerated. Nobody said anything about 200 million buyout, but if there was a price, it would be 140 million according to the current number of A/S.
lol, reading your post was actually better than listening to all these people argue about .01 for all shares or .01 per share. It was equally pointless, but more entertaining.
They might not face any consequences regarding the law if they lied about this deal, but they will have to face an angry mob of investors knocking on their door. There's probably one or two crazy mofos in here that is going to bulldozer one of their warehouses down as retaliation. I'm not saying it's going to be me, but just saying.
It didn't say it will be, the PR said all details are on the website, thats present tense which means it should be on the website.
Haha i know its from xplosivestocks.com, didn't mean to quote you but the article. I'll change it.
All details are on the Thresher Industries website
I am on there website and the last time it was updated was a news article posted on 7/09/09. Am I missing something here?
Not trying to bash because I am riding this one out till the end with you guys, but 14 million dollars buyout price actually sounds just about right. That is around what the company is currently worth and that would mean .001/share with 14 billion shares or .01/share after a 10/1 reverse split. This makes more sense to me because the buyer is offering 3x the price the stock was trading at during early March.
A good question would be if the writer of that article knew the actual number of A/S Thresher had at the time? If he/she assumed 1.4 billion info off of pinksheets was correct and did not check with the T/A after it was increased to 14 billion, then he/she could have miscalculated that buyout price.
Ok it's not going to be just .01 for all O/S. I don't even know why people think that is what they meant by the press release, that is just ludicrous! Saying .01 for all O/S is like saying ok we are going to sell our company for 1 cent and we are sure that the majority of shareholders are willing to split that 1 cent, so let's not have them vote. Doesn't that just sound retarded to you? I am absolutely sure they mean .01 per share.
Most of your bullet points can be debunked by the fact that they have a bunch of patents and a increasing demand for their product line. Projected sales of 15 million this year. However, you are absolutely right about them being vague about the buyer. If the agreement has been reach to move forward with the sale, the buyer should have been named by now. There is no reason to hold that information back if the so said "board of directors" agreed on the sale of the company. This is why I am sitting on the sidelines until that information is clear and riding with only profits.
After reading what you said, something just occurred to me. The question comes to mind is why does the CEO want to prove that this is a real deal and not a scam? Why does he really care whether us investors get 1 penny per share or not? Either way his company will be bought out and all internal shareholders will receive a nice chunk of cash for their portion, but why go so far to let us investors know the truth? Is he really looking out for our best interest?
I am a real person, you are not alone.
Who is releasing all of these news? Who is really pulling the strings here? I don't see the news posted on their website. I only see stuff from 2009. This has stinky pinky written all over it. But then again, you see prnewsire releasing the buy out news and fresnobee (local newspaper) releasing news about the sale. Just the recently posted news from XplosiveStocks cannot be verified if it was from them. Those should be the question on everybody's minds.
I love all of this drama, makes it so exciting!
This thing will bounce back harder than a 70 yr old on 2 viagra pills.
Ummm that wasn't the MMs buying shares today. A 70k volume day is hardly anything. I say this because I bought 10k of those 70k shares today. They are cheap at these prices, why not.
What are you talking about? Are you even reading this conversation at all? I am not talking about the last 6 months. I am not sure why I am even debating this.
Ok read this slowly...the offer was made on March 9th, when the company was at 9.6 billion shares. Now it is at 10.5 billion. That isn't the same as the exaggerated number mr. greedy pants tried to compare damn 100 eggs to 750,000 eggs. That is why I said it isn't that bad.
In the end all these numbers won't matter, because they either pay us that 1 penny per share they promised or they take our money and run. Those are the only 2 scenarios. Get rich or die trying is the game my friend.
OK you and me both know nobody can guess what that number will be. I am not completely ruling out that this could be the penny stock scam of the decade. What I am saying is the current dilution isn't that bad and could have already been part of the agreement. if they are already in talks about the specifics of the buyout, then I am sure they already agreed on how many shares outstanding they are willing to buy and how much they are willing to let Thresher dilute. It's not going to be some outrageous amount of dilution everyday and if we keep seeing the company dilute massive shares, then I would suggest everybody to get the f*** out.
Depends if the person buying those eggs really likes eggs. If those eggs hatched chickens that laid golden eggs, then hell, I would say you got a deal.
There you go, I offered a dumb answer to your dumb story. Next time, try to exaggerate the numbers a little less because we are not talking about 100 shares to 750,000 shares here. It's more like 96 to 104.
Buy outs at high premiums aren't that uncommon. Even big companies do it. Remember when Oracle bought Sun for $9/share when it was trading at $3 last year?