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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

Post by AcerbikWiton Feb 11, 2008 2:54pm
166 Views
Post# 14351704

Why indeed ....

Why indeed ....would a company say they have a backlog of 3.2 million in sales yet in the same breath blame INSUFFICENT sales volume to COVER the current levels of fixed costs in the company to produce a net profit. Does that mean the backlogged sales are bottom line money losers as well? Look you can vent your TMG derision at me all you want, the least you can do is face up to some questionable issues, and if Jim90 had any investor gumption he would have nailed Angus with these concerns when he toured their office in Ottawa last week instead of singing the praises from the TMG choir book. Stick that in your pipe and smoke it!
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