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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 Feb 10, 2016 9:27am
35 Views
Post# 24543119

RE:RE:RE:RE:Insider Buy

RE:RE:RE:RE:Insider BuyI think Prone is very loose with his wording and interpretations and lots of times doesn't really understand all the ins and outs i.e. market depth. I would say that a $5k purchase by a CEO that is tax deductible is hardly loading up. Furthermore, they hopefully know more than we do and that is the reason they have to disclose their transactions. But right now I would say that the majority of us are hopeful but not reading too much into this because some have been buying in the same range for years and their investment has not done that well. As Fin says, the only thing that matters is sales contracts, and from my perspective, if they are going to have 3 months gaps, then every individual contract or group of contracts have to amount to $4 million to give us a shot at a decent cashflow and profit that may do something for the share price and us.
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