Q2
Bill said at the agm if these 2 deals do not go through then he has to say so in a Q report so if nothing is said in monday's Q2 then they are still on for now.
Q3 report issued April 29/11
3. On December 17, 2010 the Company signed a Letter of Intent with a major North American pulp and paper company outlining the two parties’ intent to develop and, subject to financing and approval by the pulp and paper company’s board of directors, implement on an exclusive basis heat recovery projects at three of the customer’s locations.
4. On January 24, 2011 the Company signed an agreement for approximately $129,000 with a second major North American pulp and paper company pursuant to which Thermal Energy will identify, develop and design the optimum heat recovery project for one of the customer’s mills.