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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 Nov 02, 2013 2:59pm
128 Views
Post# 21871132

More from the AGM

More from the AGMThe Chair mentioned that at least one director had not as of yet fully complied with the rules of share ownership within the company but that he expected that would be rectified in a month or two. Seeing as how the blackout periods don't allow for buying whenever insiders please we'll need to see a lull in nr's and be inbetween financial reporting periods for that to take place.
Also, the CEO mentioned that any share buy backs the company may do are not allowed to be above the price of the latest trade. That being said, and at some point we may see an increase in volume should they act on this however it will not cause a spike in the price by itself.
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