I'll put this out here not as a basher but as a guy who has been reading the posts on this board and understanding why people are nervous. Doesnt the next step look like this:
"Thresher industries has received the extension" so we all say horray
then a few days later
"Thresher industries has completed its DD and cannot proceed with the sale after DD revealed the buyer does not have legitimate capital to pay the previously mentioned tender offer. In the best interest of the shareholders Thresher industries will terminate the sale's proceeding and continue doing whatever it is we want people to think we do, making parts, making composits that sound important but arent really and saying we are green because we dont operate the machines"
And the worst part is they would be protected under "safe harbor" right?
I will admit I am a newbie, a really mad newbie and I want to hear what you guys think. Also, it really looks like the property is going to forclosure. What does that mean for our .0014 stock?
just me speculating, dont have any real info other than my own DD