Thresher Industries, Inc. (THRR)

[PeytonCom]

Ryan, I think Monmouth told you the wrong number. I don't think you're lying, they just gave you incorrect information. Incorrect information happens, especially in Pinks. Trading Agents don't get that many calls regarding them (Pinks) and typically give them a cursory glance to answer your questions.

Total authorized shares are 10 billion.

Total Outstanding is 1.4 billion and change.

Monmouth told you that Outstanding was 8.5 billion and change, which is wrong. However, it just happens to be the amount that is still authorized.

There are still 8.5 billion in the Authorized amount for the market, if Thresher chose to issue them. They have not been issued, hence there has been no dilution.

So, in my estimation, there are still 1.4 billion Outstanding Shares, 900 million and change in the float. Company Officers hold both Preferred and Common Shares, none have ever been sold.

Numbers from Pinksheets.com are are still valid and good.

A few extra things to keep in mind:

1. Thresher has NO DEBT, they own all of their equipment outright
2. They have pre-paid orders coming in regularly
3. Company Officers have never sold a single share
4. They aren't desperate, are not in financial trouble and do not need to dilute
5. I expect Thresher to actually purchase back Open Market shares and retire them in the near future
6. Thresher has been operating in the Green, they aren't hurting for money-- quite the contrary
7. They lease their facility, which is a good thing because I think they will outgrow it and will need a larger manufacturing facility.

All just my opinions based on my DD, I will try to find out more Monday. If I am wrong, shame on me and Kudos to you!

GLTA