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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 AlbertESGon Dec 02, 2023 3:33pm
65 Views
Post# 35765347

RE:RE:RE:Options

RE:RE:RE:Options
No issues with the strategy of giving out options to key people. The issue is that the key people exercised and immediately dumped their shares onto the market thereby killing a potential rally and probably sowing doubt into the minds of investors. And this comes at a time where Bill is supposed to be focused on attracting new investors and improving the shareprice for the long suffering shareholders.

If the people who know all the inner affairs of the company just got their shares for 8 cents and are unwilling to hold, why should someone buy in at 19 or 20 cents and hold?  This situation is especially disappointing when you consider that most of the key people of this company have either no holdings or very paltry holdings.

If the future is as bright as Bill keeps saying it is, wouldn't insiders want to load up?



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