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Thermal Energy International Inc V.TMG

Alternate Symbol(s):  TMGEF

Thermal Energy International Inc. provides energy efficiency and emissions reduction solutions to the fortune 500 and other multinational companies. It operates primarily in North America and Europe but also sells its products and services through representative agents throughout the rest of the world. It 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 (GEMTM steam traps). It is also developing several other technology lines, including low temperature biomass drying systems (DRY-REX). Its solutions can recover up to 80% of energy lost in typical boiler plant and steam system operations. It has two primary operational bases of operation, one in Ottawa, Canada and the other in Bristol, United Kingdom, covering Europe and the rest of the world.


TSXV:TMG - Post by User

Comment by mart2on Apr 03, 2007 8:29pm
102 Views
Post# 12543030

RE: more cheap paper ...NEWS

RE: more cheap paper ...NEWS Spinner, I sincerely believe that no one on this board has all the information to judge if the granting of these stock options is good or bad for Thermal. We don't know who this director and these two consultants are, neither what they brought up to the company. In particular, we don't know neither the identity of the incoming director. I am indeed very curious to know the identity of this "incoming director", and I would not be surprise to hear about it in the coming days (which could be an additional bullish signal). I am very curious to know its area of expertise and the business contacts he will bring with him. All companies are using stock options at times as an incentive to their employees and directors and Thermal is not different. The company has in fact always adhere to very strong governance. In addition, the number of stock options in this particular case is relatively low. Personnaly, considering that Thermal has a always adhere to strong governance (under Tim's leadreship), the relatively low number of stock options granted and the possible arrival of a director with an interesting profile, I am ready to give them the nenefit of the doubt and will stay all ears opened until they tell us what the identity of this new director is. I am sorry by the way if I interrupted your conversation with Maestro_jammerb.... I promise I won't do it again Mart
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