Thresher Industries, Inc. (THRR)

[4jim]

i got this emailed to me also within the hour from EXPLOSIVE STOCKS.COM


Thresher Industries (THRR)

Monday March 22, 2010 At Market Close, Buyer Will Be Revealed

As We Told You Earlier, The Sale is a GO!


After much pressure, we felt obligated to contact Thresher Industries Inc. and conduct a quick interview. Well, do we have news for you!

THRR has agreed that Monday March 22, 2010, they will be revealing the buyer and any other updates concerning the sale of the company. They are currently in the preliminary stages of going ahead with the transaction and have consented to make the pubic aware of details and information no later than Monday, March 22, 2010. Well we will be holding our breath waiting for this one!

Keep following our newsletter as we discover and report more breaking news on THRR!




***** Please note in this morning's email we were so excited we committed a typo! We stated April 1, 2010 as the deadline when it should effectively read April 10, 2010. Thank you.


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Thresher Industries (THRR) Breaking News



Thresher Industries Inc. Initiates Procedures for Sale
HANFORD, Calif, March 17 -- Thresher CEO Tom Flessner was happy to announce that "as of March 16, 2010 the Board decided to initiate procedures to finalize the sale of the company in an accelerated manner." On March 9, 2010, Thresher Industries received a proposal to purchase their company. The proposition was later approved and disclosed preceding the Board of Directors of Thresher - Industries (THRR) special meeting. The Board of Directors opinion is that this offer is exorbitantly admirable with a proposed settlement that exceeds the current market price range. Thresher Industries has been advised by their Corporate Attorneys that the approval to act is not necessary by shareholders and that the Board of Directors has in fact been in contact with the majority shareholders and party's have agreed to the offer price of $0.01 for any and all outstanding shares. Thresher would like completion and closing of the deal before April 10, 2010.