Replies to post #14116 on Thresher Industries, Inc. (THRR)

[3-Stooges-Nyuk-Nyuk-Nyuk]

that would be quite tragic.. reverse splits really suck, no matter how you look at it.. most investors end up losing most if not all of their money. so if they mention reverse splitting, its time to really run away fast.

[oldbee]

if they would sell this company for 140k, i would buy it personally.

and tom if you read this, my offer stands, 140k lock stock and barrell

[oldbee]

the company also has over 1 million in contracts with just Coopers lighting division alone, no one would ever sell this company for 140k.

however i do believe that part of the deal was thatt he buyout company was allowed to buy as much as they can on the open market, and thrr was allowed to pr the buyout to try to raise valuation. all said and done this company that is buying them out is getting them for around 20-30 million which when you account for their increased revenue in contracts, isnt very far off of the 20x earnings mark and they are getting a couple of very nice patents and technology that no one else has right now to go along with it.

the board will be moved into salaried postions in the new company and relieves them of the financial headaches that go along with running a company like this.

to a huge company who uses this technology, that 20-30 mill will be tuned into 10x that amount at the very least over the next decade or so, plus gives their R&D divisions a major heads up in this new process and that is HUGE to major companies. Go ask Dupont and Merck how this works out for them.