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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 Apr 28, 2014 5:01pm
152 Views
Post# 22499819

Porta-potty.......who gives a s**t ?

Porta-potty.......who gives a s**t ?Good grief, let's not make this into such a big deal, yet. We've been told little except that tei was approached and accepted the challenge to assist in developing a new sanitation solution. The solution they are using for the prototype includes a scaled down dry-rex and flue-ace. This is uncharted territory as of yet, it's new. It may not be cost effective. It may qualify for government funding and grants. It may be the best thing since sliced bread and it may never get out of the gate, no one knows yet but what's the big deal with trying?
This isn't going to suck up huge cash from tei coffers, it's probably paying some employee's wages already so let's just let this develop a bit further and assess again in the future. No one is saying this is going to make the company but it surely isn't going to break the company.
A company not willing to entertain some new applications for its only products would bother me a lot more than this news today.
As for the lack of sales on other fronts well, I had enough a long time ago and cut back to a position that lets me sleep at night regardless. If they do well, great I'll do well also but if they don't then I'm not surprised anymore or disappointed. Scaling back on my holdings has paid off mentally but it took me a long time to come around to accepting I'd invested too heavily into a company like tei.


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