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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 canyousayon Nov 05, 2015 11:05am
55 Views
Post# 24261861

RE:RE:RE:Sorry to be +ve.......here is the info...just the facts...4U

RE:RE:RE:Sorry to be +ve.......here is the info...just the facts...4UWhat difference does it make? Revenues were sliced in half last year, massive losses and continued cash burn. Q1 had high revenues but not enough to generate profits nor cash. $3 million in contracts over a couple of weeks does not change the picture fundamentally. It just makes a bad situation a little better. What they need to do at the AGM is communicate that this is more reflective of what the future holds based on their sales pipeline preceding the backlog that we don't see and that that pipeline is now growing exponentially with so many sales people that should be fully trained and operational now. THAT changes things. And it is perfectly timed for someone to ask that question which they should answer in some way.
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