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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 Dec 02, 2023 5:14pm
58 Views
Post# 35765416

RE:RE:RE:Options

RE:RE:RE:Options

There is a long history with options here.  If you go back in time, you will see that the majority of options were not exercised.  Always issued at the market SP at the time with Five year terms.


If you were running your own company, and depended on selling equity to make a return without any salary etc, how would you feel if after 5 years you made zero while you paid your employees a competitive salary, bonuses and commissions?  Would you feel like you had to give more incentives so that you can retain that cream of the crop?

Anyhow, no point of harping on the past.  You saw the exercise of options at pretty well their Five-year deadline and in some cases all being immediately liquidated.

I would give the CEO even a million options exercisable at 30 cents in 2 years....just so that nobody gets a false impression that I am against options.

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