Replies to post #23662 on Thresher Industries, Inc. (THRR)

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That is part of what is going on now between the buyer and seller. Before closing the officers will know what they are going to get. We may not know until after the closing. Or it may be in filings with the SEC. Another reason for the deal not to take place is if the officers feel they aren't going to get what they thought they would when they read the initial offer.

Posted by: Dich Member Level Date: Thursday, April 08, 2010 1:02:01 PM
In reply to: None Post # of 23664 Send a link via email

I have a question...and I am not a basher, I have been sitting on my stock since .0004...My question is this...When the sale goes thru at .01 per share, what will Mr.F and the other officers get?? According to the disclosure to investors as posted on their web site Mr. F ownes 6,527,567 shares of stock which equates to about $65,000.00 @ $.01 per share (These are common stock not prefered as none had been authorized). That disclosure is old news so I would guess he has been given alot more than that since then, but still if a buying company is paying over $100 mil it would seem to me there should be a whole lot more in it for the officers? anyone have a clue on that?