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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 06, 2023 10:28am
45 Views
Post# 35482290

RE:RE:RE:RE:RE:RE:I await this weeks sales NR ....

RE:RE:RE:RE:RE:RE:I await this weeks sales NR ....Agree. 

In the absence of specific sales contract news, we need updates that can give us an idea of how lower ticket items are progressing and even the bid activity on all the larger proposals.  We need to have confidence that the activity behind the scenes is consistent with their description of great business environment, and that it is just a matter of time before we get increasingly showered with signed contracts. We finally had a decent spurt for once last year which made the last half year that much more disappointing.

Can't sputter along and see revenues see-saw hitting anything below $25m after this current fiscal year IMO. I don't follow too many companies which use "pre-pandemic" terminology any longer because it is in the rearview window and other factors are more important.  In the context of our business here, many of the "other factors" are good for us. 

So, I hope they either hold off from an update because sales cycles are maturing in the near-future and we'll see some news, or they get going on an update. I would think that is what MBC would also need to be able to do their job better.
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