DALLAS, March 17, 2010 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring raw materials company Thresher Industries Inc. (Pink Sheets:THRR). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The full report is available at: http://www.beaconequity.com/i/THRR
Get our alerts BEFORE the rest of the market. Follow us on Twitter: http://twitter.com/BeaconEquity
Thresher Industries Inc. (THRR) engages in the production and sale of conventional cast aluminum and reinforced metal matrix composite aluminum alloy components for various customers and applications in the United States. It provides low volume castings, permanent molds, and low and high pressure castings. The Company also offers engineering support, design, and prototype development services. Its products are used in various applications, such as agricultural, aerospace, defense, sporting goods, first tier automotive, transportation and aftermarket automotive applications. The Company was formerly known as QUEE Corporation.
Message Board Search for THRR: http://www.boardcentral.com/boards/THRR
In the report, the analyst notes:
"Subsequent to a special meeting of the board of directors of THRR, it was announced this week that the proposed offer to sell the Company was approved. As previously reported, THRR received a letter of intent to buy their Company on March 9, 2010.
"Corporate attorneys for THRR have advised the board of directors that they can act on this offer without shareholder approval. The board of directors has been in contact with the major shareholders for the Company and all parties have agreed with the action of the board to consent to the sale for a price of $0.01 for all outstanding shares. This is a premium price compared to the recent trading range for the Company. The anticipated completion and closing of the deal could be as soon as April 10, 2010."
To read the entire report visit: http://www.beaconequity.com/i/THRR
See what investors are saying about THRR at penny stock forum
BeaconEquity.com is one of the industry's largest small-cap report providers. Beacon strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on Beacon Research, please visit http://www.BeaconEquity.com
Beacon Equity Disclosure
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the "SEC") or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Beacon Equity Research nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.