Thresher Industries, Inc. (THRR)

[ryanmnly]

No. You nailed it in your statement: it's a rumor. So far Thresher Industries has made information public in their PR's. If an outside source says they are doing something, and their PR doesn't say the same thing, it wasn't sanctioned by Thresher Industries. It is highly unlikely they will say who the buyer is on Monday because it wasn't in their PR.

If the conference call doesn't happen next week, then this is the first investor statement in the past weeks that they have not upheld. Outside of PR's, everything else is manipulation or hearsay or uninformed.

A letter of intent is not to be taken lightly. It means the buyer INTENDS to buy as long as the parties agree and the facts are straight. You won't find any company issue a letter of intent if they don't intend to follow through. At this point, we need to confirm who the buyer is and that the facts are straight. It's like taking a drug test and running background check after you had an offer from an employer. The offer is the letter of intent, the contract signing is the official agreement.

Good luck all, but so long as there aren't skeletons in the closet, I don't think we'll need luck.