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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 Dec 14, 2020 12:15pm
111 Views
Post# 32100180

RE:RE:RE:I love TMG!

RE:RE:RE:I love TMG!Jim90, I should also say that I do not think I have much of an impact and don't like "promo-ing" stuff. When I put something up, it is because I really think there is something to it. It is absolutely clear that I hate the business development pace by TEI over the last decade, but at the end of the day, they did hit $20 million revenues and can generate profit at that level. Every $5 million, $10 million revenue increments should see the gross margin feed directly into cashflow and EPS and their infrastructure should support a lot more growth before having to scale up. But if they wish to scale up to grow faster, I am all for it expecting them to become productive a lot quicker than the "old" two years. The market is big enough for TEI to become much, much, much bigger than today. I don't think we will hit dollars in the next couple of years, but 40-80 cents, why not, and how bad is that compared to what we had?
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