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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 mjh9413on Aug 22, 2019 9:13am
67 Views
Post# 30054159

RE:New deal!

RE:New deal!It s more than a need for 'regular' deal annuncements. It strikes me that for the savings they say their clients get per annum that TMG is simply not charging enough for their systems or they need some participation in the savings through royalties. $1.4MM revenues over 9mos for $570k p.a. savings to the company is just not right when it includes design, commissioning and training!!!
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