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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 Stocktreeon Oct 31, 2016 2:49pm
53 Views
Post# 25406921

Was Bill wasting his time and our money in Toronto?

Was Bill wasting his time and our money in Toronto?
Yep, instead of pushing sales all around the world and having a plan in place to ramp up their project implementation capabilities, he was talking to potential stock buyers. That's like talking to the bank who could loan you more money.

They have a technology that works now (that will likely be surpassed by new technologies anytime soon) and a favourable market, according to all the pumpers here. So if they are not selling and installing 10 times what they are at this point, there is a problem with their selling force.
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