TAKE A LOOK!!
The string of PR's began on Feb. 24..... If you go back to Feb. 23rd, the volume within the first 30 minutes of the market opening was 100 million. Compared to the year, 100 million in a day was big. Only 30 minutes though!!
Feb. 23rd ended the day with an amazingly high volume over 500 million. My question is who and why??????????
THRR's PR's IMO were about a month behind. Considering that, the volume that took place on the Tuesday the 23rd reflected what I believe was coming in about two weeks on Wednesday, March 10. This is all my opinion, but something had to be up. Where did the 500 Million volume come from and why. It was definitely enough to draw attention for the next day's PR. Was that just random? Coincidence? IMO, hard to believe. And then from the 24th to now, we have received some very convincing PR's. Although, I do believe that everything stated is true.
Thresher Industries' Newest Material Receives High Marks From Independent Testing
HANFORD, Calif., Feb. 24 /PRNewswire-FirstCall/ --
Thresher Industries, Inc. (Pink Sheets: THRR) announced today that it has received the positive interim material testing analysis from Cal Poly San Luis Obispo Material Sciences Department. The test report concluded the company's own findings on its proprietary material as well as the process used to obtain its superior distribution of particulate in the base aluminum.
According to the company, the success of the new material is due to the high level of distribution of the particulate and this is exactly where many companies have failed before. These results will enable Thresher to obtain a large market penetration in this highly profitable industry. The company, through its partnership with Cal Poly San Luis Obispo anticipates further developing this material as well as other materials for strength, wear resistance and heat dissipation for use in vehicles, reducing emissions and fuel consumption via weight reduction in this multi-billion dollar industry.
"These test results represent a significant milestone for our company in its quest to be a leader in the development of light weight high strength materials," said Tom Flessner, President and CEO of Thresher Industries Inc. "Our now proven ability to manufacture these advanced materials in a cost effective and consistent manner will make our company and product very desirable to the automotive, and aviation industries," further added Mr. Flessner.
Thresher Industries CEO Calls for Special Meeting of Board of Directors
9:08a ET March 10, 2010 (PR NewsWire)
Thresher Industries (Pink Sheets: THRR) announced today that the CEO - Tom Flessner has called for a special meeting with its board of directors to review an offer that has been received to buy the company. It is expected that Mr. Flessner will report to the shareholders no later than Monday the 15th of March 2010.
