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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It 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 (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Comment by Mostlyseriouson May 02, 2022 11:15am
62 Views
Post# 34647592

RE:RE:RE:Q3

RE:RE:RE:Q3TEI has no negotiating power with clients to force earlier decisions. That lack of negotiating power has to be mitigated with a much more active product pipeline so that during slower times, due to sheer numbers, something is still coming in on a regular basis. To Albert's point, he is saying that the average year of wait should be up, and over the next few weeks or a month or two, we should see some contracts if the proposals are compelling enough to accept. If this timeline has changed due to Covid, then it can be said that the CEO is just buying himself time with fingers crossed. Not far from now it will be showtime, and thete better be a rebound like a brand new rubber band with several contracts per month with no breaks of more that a couple of months inbetween. It the market potential is so great but the results are poor, then you simply have little clue how to run the business to capitalize on it. I welcome a different logical conclusion.
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