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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. is a Canadian clean technology company. The Company provides energy efficiency and emissions reduction solutions to the Fortune 500 and other multinational companies. The Company operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. The Company markets, sells, engineers, fabricates, constructs, installs and supports two technology lines, such as heat recovery solutions, including direct contact heat recovery solutions (FLU-ACE), indirect contact heat recovery solutions (HEATSPONGE and SIDEKICK), and condensate return system solutions (GEM steam traps). The Company is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). The Company has two operational bases, one in Ottawa, Canada covering North America, and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Comment by canweson May 20, 2010 10:38am
249 Views
Post# 17117616

RE: RE: RE: RE: P&P issues....

RE: RE: RE: RE: P&P issues....Without further encouragement from the company until possibly September the share price will probably not maintain it's present level. If shareholders are expected to be patient for that length of time it will  definitely be a test of just how much faith investors have or some may simply choose to move into something else until the direction of the company is cleared up. Given how the markets are retreating this wait and see scenario won't bode well.
Even without the release of financials for another 4 months most will expect some type of positive news long before that.
Should the numbers for the year end be good I don't feel management is doing anyone justice by holding back the information till the last day or two even though it is permissible. Shareholders have very limited information on which to base an opinion on right now and given the market direction lately most are feeling anxious.
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