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Re: Jim01 post# 401

Wednesday, 03/17/2010 11:06:57 AM

Wednesday, March 17, 2010 11:06:57 AM

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I've been trying to research this like crazy since I heard about it. Assuming the buyout is true and the deal doesn't fall through, the whole thing appears pretty simple.

-If they purchased every share at 0.01, it comes out to a $14 million purchase.

-If they own stock and are only purchasing the shares they don't have, then it's less.

-If they are a public company, then they will convert to their shares at a value equivalent to the 0.01 of THRR. I went through this situation when Alcatel bought Lucent a few years ago.

Don't take my word as 100% correct, but it is looking pretty cut and dry. The stock was shorted a lot recently and thus there is incentive to hold price down. Plus, no one seems to know exactly how the buyout works. However, if the above is correct, you're looking at a 4x gain within a month.

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