Replies to post #23104 on Thresher Industries, Inc. (THRR)

[legalese]

There isn't much due diligence for the seller to do. US dollars aren't worth a lot perhaps, but it is what we all accept! The buyer on the other hand, needs to know the company is in good standing, and know exactly what all the assets and liabilities are, and know exactly how many shares are outstanding, etc.

[Slojab]

Only minimally and in rare circumstances.

That's why you seldom here the term "Caveat venditor". ( ;