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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 stockpickmanon Jan 02, 2015 12:45pm
197 Views
Post# 23280085

Business Summary for TMG in Yahoo's Finance

Business Summary for TMG in Yahoo's Finance I have very recently noticed that the Business Summary for TMG in Yahoo's Finance section has changed to currently include Thermalozomax as a major product.....and all the other information in Yahoo's Finance stock quote appear to be up to date, ie: key executives, Dec 31, 2014, so one has to wonder if there is new developement of this product or has Yahoo gotten it wrong....  Coincidentally though, after seeing this in Yahoo, I have since seen the same or very similar  TMG Product Descriptions in five or six other advertisements/business journal magazines and websites such as one in an India catalog....which states:  Thermal Energy International is also developing a product that targets ozone generation, THERMALOZOMAX. Customers include auto manufacturers; coal-fired utilities; food makers; hospitals; primary metal, pulp and paper processors; and sewage-treatment facilities. https://www.indiacatalog.com/gwd/detail.php?id=31138 , so maybe there is nothing to this at all, but then again, maybe not.....cant wait to see what the new TMG website content will show....which was supposed to be up in December.... 
Business Summary  

Thermal Energy International Inc., a technology company, provides various proprietary and proven energy efficiency, emission reduction, water efficiency, and bioenergy products and solutions to the industrial, commercial, and institutional markets worldwide. Its energy solutions portfolio includes FLU-ACE technology that enhances the fuel efficiency of boiler operations, and captures heat from paper machines and other dryers; Dry-Rex low temperature biomass dryers; GEM steam traps and condensate return systems; THERMAL-AUD program that allows energy managers to meet corporate energy cost and emission reduction mandates; and THERMALOZOMAX ozone generation technology, which has applications in water purification, waste water treatment, and treatment of air streams and hazardous air pollutants. In addition, the company offers business and project development, and business case analyses; and engineering, construction management, installation, and project financing services. The company was founded in 1991 and is headquartered in Ottawa, Canada.


Key Executives  
  Pay Exercised
Mr. William M. Crossland B. Sc, MBA,
Chief Exec. Officer, Pres and Director
291.00K 0.00
Ms. Julia Flynn ACA, LLB,
Chief Financial Officer
175.00K 0.00
Mr. Robert W. Triebe M.A.Sc., P.Eng.,
Chief Operating Officer of Americas & Asia
181.00K 0.00
Mr. Samuel Thomas Mawby ,
Director of GEM Technology and Europe & Rest of World GEM Sales
172.00K 0.00
Michel Francoeur ,
Director of Heat Recovery Projects-Americas
143.00K 0.00
Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in CAD.

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