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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 Mostlyseriouson Jun 24, 2022 9:58pm
97 Views
Post# 34781863

RE:RE:Their dilemma has impacted energy efficiency too...

RE:RE:Their dilemma has impacted energy efficiency too...It is not like we had any meaningful sales in Germany and they fell off the cliff. I am not sure if there is anything that can explain zero heat recovery projects not sold approaching a year. Or I should say in the business environment. The explanation is that the sales team has made no such sales. Why not? Who knows. If there is a good reason why all of their corporate accounts put a spending freeze on capital spending (which they did not) then you could point to not having established a sufficient client base. I thin that all roads will lead to sales and marketing, or engineers if there are none left to support the sales team. But if engineers are still very much leading sales, then the problem remains confirmed simply because sales growth over the last decade is poor. Bring back TA. He would fire this thing up or walk away if he couldn't make a go of it. He didnt strike me as a fella that would putter around for a decade or more.
prone wrote: This may answer some of the questions about: "what happened to sales in Germany.?"




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