Thresher Industries, Inc. (THRR)

[value_seeker]

I'm starting to re-think this!

From 07/10/2007 to 10/16/2007 2,020,792,114 shares of THRI have been traded according to the historical price chart in Nasdaq.

Using the same date range as above the average closing price is 0.000347143 per share.

If you multiply the assumed float of 900 million by the average daily closing price of 0.000347143 you get $312,428.57 which should be roughly what THRI has raised since 07/10/2007 to 10/16/2007.

If you subtract the 900 million float from the total shares traded of 2,020,792,114 the remaining share balance is 1,120,792,114

If you then divide the remaining share balance of 1,120,792,114 by 70 which is the number of reported trading days since 07/10/2007 to 10/16/2007 you get an average daily volume of 16,011,315.91 which indicates to me anyway that the average daily volume is almost back to where it was prior to their 07/10/2007 filing. It also indicates that there are a lot of people holding for now anyway.

My feeling is that the roughly $312,428.57 raised is being used to plug a hole in their balance sheet prior to them releasing the balance sheet as well as other financial data.

By moving the balance sheet into the black will also help to restore investor confidence. After all, if they expect to be taken seriously by any joint venture partner in what they have stated to be their two largest growth areas, nuclear and the automotive industry then they are going to also need a somewhat serious stock price other than .0002 per share.

If anyone would like to double check my math, here is the link to the Nasdaq chart I referenced above.

http://charting.nasdaq.com/ext/charts.dll?2-1-14-0-0-512-03NA000000THRI-&SF:4|5-WD=484-HT=395--X...