Monday, March 22, 2010

THRR - Conference Call Date Set - Thank Goodness

I waited all weekend wondering when that THRR conference call would occur.  Today's press release left me and THRR shareholders at ease.  The stock rallied late in the session on this development.

I am salivating at the chance to dissect the contents of this call.

Let's see... the offer is for $.01 a share, why isn't this stock trading at $.0099 a share?  It is either the arbitrage play of a lifetime or the company is lying to everyone?  Hmmm.

Is that buyer still willing to buy all the billions upon billions of shares of stock for $.01 when there is plenty to be had at $.0012 - $.0017?

You make the call.  March 24th at 11am.





Thresher Industries Announces Conference Call

HANFORD, Calif., March 22, 2010 /PRNewswire via COMTEX/ -- Thresher Industries (Pink Sheets: THRR) is announcing it has finalized its plans for a conference call to investors. The conference call is for shareholders and interested parties, to clarify the offer received on March 9, 2010 to purchase Thresher Industries. Roger Rowell, the company's CFO, will speak, as well as the company's Securities Counsel. The call is scheduled to take place at 11:00AM PDT on Wednesday, March 24, 2010. Thresher will have the call in information posted on its website www.thresherindustries.com. 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


SOURCE Thresher Industries, Inc.


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