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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 TMG12FORWRDon Apr 25, 2018 7:52pm
79 Views
Post# 27941403

re:Today's Letter to Shareholders...

re:Today's Letter to Shareholders...Timely update covering first a discussion on the recent financials in which he indicates a couple of blips which are not likely recurring, and summarises the progress and achievements that will see f.2018 be a "Banner Year"!  He has said this before so nice to see he is still on that course. He also indicates that there is evidence to suggest the same for 2019 and 2020,i.e.,Going Forward.  As well, he suggests that more sales people may be hired to go into market areas perceived as worthwhile broadening their geographical penetration.

I was surprised by the annoucement  of a new client,a Canadian hospital.  If it is Ontario, then the Provinces health care is divided into multi-hospital LYNN( Local Health Integrated Network).  It is similar to the NHS,U.K. only provincial rather than national.  It could be the first in a newly organized healthcare system.as a forerunner to many more just as TMG has succeeded in the NHS,U.K. One never knows, but at least it is a solid Go Forward possibility for TMG. 

Mr.Crossland made a point of mentioning that there is still a month to go in the current fiscal year.  Think he knows something to wink-wink Going Forward?  Time will tell.




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