Thresher Industries, Inc., a manufacturer of precision recycled aluminum and advanced metal matrix composite parts, announced today that a 16-page positive research report on the company has been published by one of the nation’s leading micro-cap research firms, Grass-Roots-Research. The report can be viewed on the research firm’s website at www.grass-roots-distribution.com
The report stated, “We forecast significant top-line growth as the Company focuses on highly profitable markets nationwide and in Europe through its agreement with Advanced Technology Sales Associates. Revenues are projected to grow more than six times from 2008 to approximately $1.8 million in 2009. Thresher Industries, Inc. is a compelling opportunity for risk adverse investors.”
Grass-Roots-Research used its Discounted Cash flow (DCF) method to derive short-term and long-term price targets. The research firm established a short-term price target of $0.93, an increase of more than 9,000% when compared to yesterday’s closing price.
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