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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 Jan 27, 2016 6:42pm
38 Views
Post# 24499766

RE:RE:Congrats

RE:RE:CongratsI believe these are all the options she received over the years in her previous capacity.  Options are an issue.  I believe the old management's option plan to set quite a high limit was based on the vision to use them to grow the corporation.  Now they became a tool to just reward employees.  Lots of options issued, lowest strike prices offered and longest option periods allowed.  Write to your local director and insist that they be aligned with shareholder interests.  Either raise the exercise prices at a significant and meaningful premium to the market price or shorten the terms to a couple of years.  It is a shame that 5 year options at 10 cents started expiring but it would be an even bigger shame to continue those kinds of awards.  Less to existing empployees, more to attract real talent, shorter periods, higher exercise prices = alignment of rewards with performance = alignment with shareholder interests = basic fairness. 
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