Brian Dean, Publisher of OTCPicks.com, announced today that his firm has initiated Profile Coverage of Thresher Industries (OTC: THRR) on their exclusive penny stock alert service. Mr. Dean comments, Thresher Industries announced today that the CEO - Tom Flessner has called for a special meeting with its board of directors to review an offer that has been received to buy the company. It is expected that Mr. Flessner will report to the shareholders no later than Monday the 15th of March 2010.
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About Thresher Industries
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.
About OTCPicks.com
OTCPicks.com is an Internet destination for investors seeking information on small cap and micro cap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCPicks.com has been compensated eight thousand dollars by a third party for THRR advertising and promotional services. Additionally, OTCPicks.com was compensated five hundred thousand shares by Monarchy Capital for THRR advertising and promotional services in May 2009 for an IR program at that time.
