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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 26, 2015 10:23am
39 Views
Post# 24327855

RE:even you cys

RE:even you cysAndrew, the purpose of Thermal's existence never changed. It sounded great when it was founded, it still sounds great. Reduce energy consumption, save costs, benefit the environment. But as investors, we are here to make money. Are they turning the corner? Depends how you look at it. Yes, probably the most intense contract winning period I can remember but there are no assurances that it is sustainable nor does it result in a profitable company. I should also remind you that while all these contracts amounted to about $4 million, we had in the past had individual contracts that were $4+ million. And then there is the share price which is the only thing that really matters for investors. I just don't like being showered with champagne when there is a looooong way to go. Some clearly think that we are there and unleash their venom towards those pointing out to the fact that over the past 5-6 years, the company is still not profitable and that the share price still sucks as much as it did 5-6 years ago. Hate the reality, don't hate the observer.
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