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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 moondawgon Apr 06, 2000 9:07am
351 Views
Post# 1734252

Hinke interview

Hinke interviewThanks for link to Hinke interview. Pretty general in scope. He said biggest challenge for the company now is to find the right alliances in the US to leverage the technology into the marketplace. The technology is proven, the key now is marketing. It's a big ticket item. Typical installation in NE USA runs $10 - $30 million US. Was tough to sell as an unknown Canadian company. Well worth listening to the interview. My opinion is that this company is on the verge of exploding in revenues. It will not happen overnight but I think we'll see a steady stream of contracts this year and with that credibility growth will become exponential. The investment community is still in the dark about this one. Hinke said they have a lot of work to do to get story out.
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