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Bullboard - Stock Discussion Forum 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... see more

TSXV:TMG - Post Discussion

Thermal Energy International Inc > A thing of beauty PDAs
View:
Post by greendaze on Feb 09, 2024 10:11am

A thing of beauty PDAs

They're holding out for .32 . The sellers ,that is . It's as if the holders know we can get much more bang for our bucks . The only thing left for buyers is to chum the waters but few are selling any at all . Good times and fun to watch .
Comment by greendaze on Feb 09, 2024 11:10am
The ask is now .325 . I say , Ask .35 . Scare the buyers a little . Just for giggles . All but a few will ever read this . 
Comment by 13X2413 on Feb 09, 2024 3:44pm
What the heck are you talking about?
Comment by greendaze on Feb 09, 2024 6:35pm
The PDAs is self explanatory. The trading thing ? Insider ownership is 6.18% and there is no institutional ownership . This means that the rest is owned by us retail investors . This means that us retail investors have overall control if we wish to exercise our power collectively . One only needs one share in order to vote . 
Comment by prone on Feb 10, 2024 8:39am
A pipeline of sales awaiting agreement. Even on a back burner. 50% sales in the bag. The engineering is portable to multi sites with minimal refinement. Finances the engineering team's growth. Defines potential Energy Efficiency savings potential. Ultimately defines self funding of ongoing installs which become Capital Cost neutral..!!! Beautiful...!!!!!
Comment by Mostlyserious on Feb 10, 2024 9:16am
If it takes on average a year to get a PDA decision, with with PDAs sitting around 26 after a few successful closings (the project news releases over the last couple of months) and a success rate between 50 and 75 percent, at some point you can expect at least one announcement per month on average...ranging between $1 and $4 million.  That is the PDA stuff, and there is quite a bit of non-PDA ...more  
Comment by greendaze on Feb 11, 2024 12:01am
https://www.contractscounsel.com/t/us/project-development-agreement#:~:text=A%20project%20development%20agreement%20is,to%20achieve%20the%20desired%20outcome. i think we will need a bigger pipeline .
Comment by prone on Feb 11, 2024 8:16am
A TEI pda defines the adaptation of existing enhancements into a client site. Comparing the cost of installation to the expects savings and the Roe. Complexity defines the period od engineering then the installation commitments for the engineers.! The client receives GHG data to support Carbon reduction of the revised processes.!
Comment by Mostlyserious on Feb 11, 2024 8:27am
In Thermal's world the salient point about PDA's is that based on a preliminary assessment they will tell a client that there is a potentially good project to be had but to assess the attractiveness a more detailed engineering study is required.  Thermal will not do that study for free and there has to be some commitment to enter into a sales contract if certain parameters are proven. ...more  
Comment by prone on Feb 11, 2024 9:23am
The quoted fact of 50-75% resulting in contracts supports the initiating og a PDA based on confirmed cost savings and client reduction og GMG.!
Comment by greendaze on Feb 11, 2024 9:38am
Tireless raconteur or pervaeur of FUD ? Or both ? Bottom line is that TEI will make more money , gain more knowledge and training . These are very positive gains . 
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