Resolute deal appears ...... in news release of Dec.05/17,Thermal Energy Announces $11m.Energy Efficiency Project with Pulp&Paper Customer(Resolute forest Products).
CEO Crossland indicates the project will complete and revenuues will be earned over the next 19 months. This gives assurance that f.2018 will indeed be according to CEO Crossland a"Banner Year". There will be IMO a collection of good financial reporting this September and October. The f.2018 4th. quarter financials and the f.2018 year end financials will be out this month and the f.2019 1st. quarter financials will be out in October. Portions of the $11m. should be paid as the implementation of the project unfolds throughout calendar 2018 and into 2019. No doubt other sales bringing additional revenue will come as well. IMO there should be a show of stronger financials both in various dollar view points,e.g.,total revenues,cash,cash flow,back log and endurance through f.2018-f.2019. A thickening up in financials is obviously a strong indicator of growth and development.
We shall see, and soon.