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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 canyousayiiion Jun 18, 2020 3:56pm
117 Views
Post# 31166513

RE:TMG entering the big league

RE:TMG entering the big leaguePYR has been mentioned here before and I looked at it. I don't know how long ago but when looking at the financials, there is no way that I would have predicted the run that it had, and I think there was some wording about their products that I did not find clear. It has almost the same number of shares outstanding. I quickly looked at the last newsrelease and everything I look at makes Thermal look so strong. But why are we lagging by $2.25 in share price compared to PYR? I would venture to say that it is all about having a strong backlog that suggests high growth. When you finished a year with $5 million revenues, but have a $30 million backlog, that is exciting. We had $18 million in revenues for 9 months and a profit and nobody really cared. Crossland needs to look at PYR a little bit and figure out what he is missing. $2.25 share difference on the same exchange with $5 million revenues and a $9 million loss! Good for PYR shareholders, but perhaps giving us a glimpse of how badly we are lacking here in terms of the "excitement factor". "Well done" shout out whoever brought it here months ago and placed a bet. I am not sure if it was you Martincat or also another fella who I think Greendaze discouraged from posting. Over to you Thermal, why can't you excite anyone with your product offerings that are directed toward a market measuring trillions of dollars?
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