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stockrat

06/24/08 12:22 PM

#36841 RE: B BALL GUY #36840

Drawing any conclusions on the financials of the deal would be pure speculation with nothing to substantiate it.

I think Thrush may have turned a corner themselves. They admit that they now don't have the resources to work on Integrity. We know that their recent sales are strong and they may have decided that they now have the sales to justify them going it on their own at this point.

I am truly disappointed that we had to find out about the deal this way. I'm baffled that I was the one to trip over that announcement a day late.

But I don't think Thrush was the only deal. I think some other things are in the works. Maybe they will work out, maybe they won't.

I'm also fairly certain that the nonsense calls from people to Thrush didn't help the deal in the least bit. It only served to annoy Thrush and to draw into question how legitimate IAHL really was if Joe Q. Public was calling to see if the deal was for real.
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mysterymeat

06/24/08 12:31 PM

#36842 RE: B BALL GUY #36840

A lot of new orders came in for Thrush after the original purchase agreement was drawn up. My guess is that with the increased revenues that would be coming in, Bays wanted more money for Thrush than PVD was willing to pay.