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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

Post by canweson Jan 30, 2012 5:12pm
269 Views
Post# 19467116

Canyousay

Canyousay

You have some nerve beeting me in posting the Q2 results. 20 seconds....seriously ?

I see that a contract was awarded for over $800K in January of this year. Doesn't seem right that this type of a deal isn't considered nr worthy but I'm certainly pleased and surprised by this order. Perhaps this will be more of the norm going forward, maybe deals around a million won't need to be disclosed until the following quarter. If that's the case and we're 2 months behind on the numbers perhaps other deals are going on or have been closed already and the reason insiders aren't buying at these levels is because they are restricted from doing so.

I should also add that I'm surprised by the numbers overall. A few more quarters of pleasently surprising numbers like this and we'll be at .07/shr in no time. Could be a double from here a year out. Where else can you get a return like that these days.

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