Wednesday, March 10, 2010 5:59:26 PM
THRR is working directly with Cooper Industries as a supplier to them. Cooper Industires , CPE, is a 7 billion dollar company. Buyouts typiclly occur at a premium to the current market cap of a company. THRR has rougly 8 billion O/S, so as of close today it is worth about 4 mil USD. With that said, a 20 to 30 mil USD valuation for THRR is likely, given its established revenue, corporate partners, and patented processes.
20 to 30 mil should be a minimum price target, so with an O/S of 8 bil, .0020 to .0030 is possible.
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