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#11
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THRR currently trading at .0025 +300% congrats to all who got in on our alert!!!! Join us in the chat room for more great calls like this one at the link below. http://www.stockplaysonline.com/visichat/ |
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#12
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HANFORD, Calif, March 17 /PRNewswire-FirstCall/ -- Thresher CEO Tom Flessner was happy to announce that "as of March 16, 2010 the Board decided to initiate procedures to finalize the sale of the company in an accelerated manner." On March 9, 2010, Thresher Industries received a proposal to purchase their company. The proposition was later approved and disclosed preceding the Board of Directors of Thresher - Industries (Pink Sheets:THRR.pk - News) special meeting. The Board of Directors opinion is that this offer is exorbitantly admirable with a proposed settlement that exceeds the current market price range. Thresher Industries has been advised by their Corporate Attorneys that the approval to act is not necessary by shareholders and that the Board of Directors has in fact been in contact with the majority shareholders and party's have agreed to the offer price of $0.01 for any and all outstanding shares. Thresher would like completion and closing of the deal before April 10, 2010. About Thresher Industries, Inc. Thresher Industries, Inc. is a leading manufacturer of low carbon footprint conventional and custom machined die castings made from 100% recycled aluminum and metal matrix composites. Based in Hanford, California, the Company operates an ISO 9000-compliant, "green" foundry that integrates bio-degradable technologies and processes to lower the economic and environmental costs of production. Thresher offers full engineering support, designing, and prototype development to a variety of industries including: agriculture, aerospace, defense, transportation, and automotive in the U.S. and Europe. For more information, visit http://www.thresherindustries.com. Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements. Contact: At Thresher Industries, Inc. Tel: 559.585.3400 www.thresherindustries.com info@thresherindustries.com |
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#13
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HANFORD, Calif., March 19 /PRNewswire-FirstCall/ -- Thresher Industries (Pink Sheets:THRR.pk - News) is planning a conference call to investors and interested parties to clarify questions that have been brought to the company and its counsel about an offer received on March 9, 2010 to purchase Thresher Industries. It is anticipated that the company's CFO, Roger Rowell, will speak, as well as the company's Securities Counsel. The call is in the planning stages, but will occur before Friday, March 26th, 2010. Thresher will announce the conference call once a time and date have been agreed upon by both parties. About Thresher Industries, Inc. Thresher Industries, Inc. is a leading manufacturer of low carbon footprint conventional and custom machined die castings made from 100% recycled aluminum and metal matrix composites. Based in Hanford, California, the Company operates an ISO 9000-compliant, "green" foundry that integrates bio-degradable technologies and processes to lower the economic and environmental costs of production. Thresher offers full engineering support, designing, and prototype development to a variety of industries including: agriculture, aerospace, defense, transportation, and automotive in the U.S. and Europe. For more information, visit http://www.thresherindustries.com Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements. Contact: Thresher Industries, Inc. Tel: 559.585.3400 www.thresherindustries.com info@thresherindustries.com |
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#14
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Thresher Industries Updates Shareholders on Close of Sale .Companies:Thresher Industries, Inc..Press Release Source: Thresher Industries, Inc. On Thursday April 29, 2010, 9:08 am EDT HANFORD, Calif., April 29 /PRNewswire-FirstCall/ -- Thresher Industries, Inc. (Pink Sheets:THRR.pk - News) provided an update today regarding the sale of the Company. Thresher has requested a two-week extension to complete the sale of the Company, which was delayed by CEO Tom Flessner's recent bout with pneumonia. The Company is pleased to report Mr. Flessner is now making a full recovery. Tom Flessner, CEO of Thresher Industries, Inc., stated, "Despite this small set-back, Thresher is back on track in full force to close the sale of our Company. We understand many of our shareholders have questions regarding the transaction, and would like to provide as much information to them as possible. To this end, we have requested that the name of buyer be disclosed. Should we receive permission to announce the name of our buyer, we will do so by issuing a press release to the public. We hope this can bring additional clarity to the value that our buyer brings to our Company and our shareholders." "In the interim, our legal counsel has informed us that we are still in a 'quiet period' until a further disclosure agreement can be reached between Thresher and our buyer. Please be advised that our legal counsel, business associates and management team cannot answer any further questions related to this sale, nor should they be contacted in this regard. General questions non-related to the sale of the Company should be directed to Thresher at 559.585.3400 or via email at info@thresherindustries.com. We appreciate your adherence to these procedures, and thank you for your continued patience," concluded Flessner. |
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#15
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Thresher Industries Names Buyer .Companies:Thresher Industries, Inc..Press Release Source: Thresher Industries, Inc. On Tuesday May 4, 2010, 10:30 am HANFORD, Calif., May 4 /PRNewswire-FirstCall/ -- Thresher Industries, Inc. (Pink Sheets:THRR.pk - News) is pleased to announce that the buyer of the company is Senergy, a global leader in renewable energy, headquartered in Israel. Senergy, established in 1995, specializes in all types of renewable energy; from solar panels, solar lighting systems, fully self contained portable shelters, wind generators and solar powered refrigeration units for trucks. Thresher offers Senergy the opportunity to produce its own main components, thereby eliminating its need for outsourcing and reduce internal costs significantly. This merger will also allow Senergy the opportunity to further establish itself in the U.S. Market. http://senergy.co.il |
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#16
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Thresher Industries Receives Notice of Termination of Extension and Purchase Canceled .Companies:Thresher Industries, Inc..Press Release Source: Thresher Industries, Inc. On Wednesday May 5, 2010, 3:29 pm EDT HANFORD, Calif., May 5 /PRNewswire-FirstCall/ -- Thresher Industries, Inc. (Pink Sheets:THRR.pk - News) is advising its shareholders and interested parties that Senergy has notified Thresher Industries of the extension is terminated effective today and the offer to purchase Thresher Industries is canceled. The Senergy website misstates the time frame to the offer, Thresher will be posting the letter of intent to its website as soon as possible. Regarding the offer Thresher has been taking an extended amount of time to make any announcements due to Senergy's delay in responding to our repeated due diligence requests. We will continue to work to here at Thresher to increase our sales and acquire new customers; we appreciate the support of all of our shareholders. |
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#17
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Thresher Industries Initiates Plans to Develop Material Technology for Detroit Automotive Supplier HANFORD, Calif., March 30, 2011 /PRNewswire/ -- Thresher Industries (Pink Sheets:THRR.pk - News) announced today that pursuant to signing mutual nondisclosure agreements with a Detroit, Michigan first tier automotive supplier earlier this week, plans are underway to develop a hybrid metal matrix composite (MMC) using Thresher's ThermaLite technology. The two companies have set up discussions to create a potentially patentable hybrid MMC based on Thresher's unique ThermaLite MMC platform technology. MMCs are used in a variety of parts in the automotive industry, "We've waited patiently for the U.S. automotive industry to make a resurgence, and Detroit has let us know that the time has come," said Tom Flessner, CEO of Thresher. "By intricately modifying the alloy material, automotive customers can achieve the exact requirements of its pistons, as can be done with other applications. Thresher sees this first alliance as so significant that it could potentially redefine the manufacture and material used to make pistons. Thresher will continue to announce updates on this strategic relationship and other automotive customers who have contacted Thresher to-date." "Serious and significant interest from several large automotive suppliers throughout the United States, like the one we have identified in Detroit, continues to grow. We are very encouraged with the work we have planned with this world-class automotive supplier that is one of the industry's largest with over $3 Billion in annual sales."
__________________ I am not a registered broker and my signatures are of my own opinion. Make your buys and sells as you see fit, never invest more than you can afford to lose. Full disclaimer, click Here |
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#18
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__________________ I am not a registered broker and my signatures are of my own opinion. Make your buys and sells as you see fit, never invest more than you can afford to lose. Full disclaimer, click Here |
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#19
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Thresher Industries $100 Million Plus Revenue Future Press Release Source: Thresher Industries On Monday May 2, 2011, 9:00 am HANFORD, Calif., May 2, 2011 /PRNewswire/ -- Thresher Industries (PinkSheets:THRR.pk - News) early this year announced the decision to concentrate on our unique cast grades of metal matrix composite and related processes for key markets. "Through our Detroit based representatives we are currently working on application in diesel engine pistons, a mutual non-disclosure has been signed, and we are progressing on a cost structure to provide testing and material samples. Our metallurgist is analyzing our customers testing criteria and the need for further refinement of the alloy for this market. The potential for the application of our material in automotive diesel engine pistons is exciting. Our material has excellent elevated temperature stability, its light weight and is extremely wear resistant" stated Tom Flessner, CEO of Thresher industries. Further, states Mr. Flessner, "We anticipate a contract for the work which will then lead to prototype and pre-production orders. We ultimately anticipate multiple material and technology licenses from applications for our material in the automotive aftermarket based on this development work. Discussions are currently underway with aftermarket manufacturers for application for automotive pistons. The diesel engine market for automotive applications is huge in Europe and will be embraced in North America with rising oil costs; these engines offer excellent power and fuel economy. The potential for our material in these engines is huge, pistons are a stepping stone to engine blocks where our materials strength, lightweight and sound dampening capability will allow our customers an advantage over materials like cast iron or even conventional aluminum. The potential profit from this is staggering; we have reduced our overhead and opted to concentrate on licensing rather than production, giving us the opportunity to generate profit with minimal overhead or the need for capital expenditures for additional production equipment. Revenues are forecasted for year 2012 are $6-8M, 2013 $12-15M and double for each of the next 5 years. Our goal is to move rapidly to profit and to protect our intellectual properties as we do this. As previously announced we are concurrently pursuing additional non-automotive market applications for our materials and technology and I believe this will ultimately lead to major profits and a continued opportunity to develop new materials and pursue multiple licensing opportunities for Thresher Industries. The opportunities we currently have in front of us are huge, sales of hundreds of millions are within reach and as we build on each step of material development and refinement new markets will continue to emerge. Lightweight, high strength aluminum based composites time has come, our concentration on the development of these materials and our willingness to license the manufacture and processing of these materials gives us a unique advantage in the market, and we are currently a standout, the only game in town!
__________________ I am not a registered broker and my signatures are of my own opinion. Make your buys and sells as you see fit, never invest more than you can afford to lose. Full disclaimer, click Here |
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#20
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Thresher Industries Completes Restructure to Support Growth Press Release Source: Thresher Industries, Inc. On Tuesday June 28, 2011, 7:30 am EDT HANFORD, Calif., June 28, 2011 /PRNewswire/ -- Thresher Industries (PinkSheets:THRR.pk - News) announced today the completion of restructuring the management team. Tom Flessner President / CEO announced details, "With our concentration on key markets the company needs to be more responsive, pursuing key markets and concentrate on working with our sales representatives. It has become necessary to restructure allowing faster response to not only our customers but also the investment community. Anne Flessner has accepted the responsibilities of Investor Relations as well as director of sales and marketing. Anne has been a key decision maker at Thresher from the beginning and continues to support the direction we are taking." "Roger Rowell is no longer associated with Thresher Industries; Jill Flessner has taken that responsibility and is now CFO for the corporation. We are currently working with our Detroit based sales representatives introducing our ThermaLite aluminum based metal matrix composites to the auto industry. Sample product has been submitted to a large supplier of engine components for evaluation. This first step is significant and will allow us to demonstrate the advantages of our materials." "We have also added a metallurgical consultant to our team to lead us in testing, refining and evaluating our ThermaLite cast composites market specific. We will continue to develop materials for our key markets. While Thresher Industries has developed a proprietary method to manufacture our composites the task of producing materials with customer needs such as heat transfer, elongation or impact resistance requires that we use a metallurgist versed in metal matrix composites. I am very pleased that the individual we have as our consultant is the leading metallurgist on cast composites".
__________________ I am not a registered broker and my signatures are of my own opinion. Make your buys and sells as you see fit, never invest more than you can afford to lose. Full disclaimer, click Here |
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