Replies to post #20376 on Thresher Industries, Inc. (THRR)

[lbdave]

If the case was to keep the price low then why ever release a PR stating there was a buyout offer approved by the BOD, and majority shareholders. This form of thinking has no substance to the prior news releases when comparing the CC for the purpose you pose.

I think the list of excuses, explainations, and opinions are piled as high as all the other supposed buyouts in the last few years.

In all honesty you could take postings from the message boards of the other pinksheet buyout offers from the last few years, and basically do nothing other than change the I-Hub screen names, and they could be interchangable. The posting history pretty much reads the same on every one of them, and unfortunatly none of them turned out to benefit the shareholders.

[neophyte184]

LOL...that is a brilliant deduction Tao....you have truly lived up to your name as that post was indeed imbued with wisdom!

There are countless scenarios as to why they would want to bring the SP down in that way. The one that comes to mind is the ability to short their own stock one more time for a big payout, so that Flessner can retire in style..LOL

It is a very astute observation that if this were a scam, they simply wouldn't hold a CC and would do everything they could, through issuing PR's etc, to convince everyone that the deal will happen....or as you pointed out, hold a CC but make it a really good one.

Instead, they hold this pathetic CC which causes the SP to tank, when all they had to do was not have one at all and the SP would probably have held for much longer at a much higher price....not the best plan if your goal is to continue diluting into the pump.

Excellent post...personmark for you!