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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 canweson Apr 15, 2019 9:56am
35 Views
Post# 29627082

Bid vs Ask

Bid vs AskAlmost indentical lot size on either side with a 1 cent spread.
Who will blink first?

New investors aren't interested in buying.
The company obviously doesn't care to buy at 7.5, directors/management can't right now but have had ample time and opportunity so that message is obvious as well. 'Give us free shares and options but don't expect us to invest our hard earned money'.

Should this week and next prove to be contractless, there is again the question of will they ever gain momentum and be able to capitalize on it. 2-3 wins with months of nothing are worthless. Simply keeps the lights on, nothing for shareholders.



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