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Re: None

Thursday, 03/18/2010 5:14:25 PM

Thursday, March 18, 2010 5:14:25 PM

Post# of 35503
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.

Keywords being "$0.01 for any and all outstanding shares". There are only 1,412,575,785 outstanding shares. That makes it a $14mil deal.