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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 Oct 12, 2000 1:25pm
190 Views
Post# 2643057

no support

no supportThis is so weak we could bust thru $1 which would be terrible. Having sold I'm watching for possible re-entry, but I'm not going to fight the trend. I think the short term danger is huge as anyone with paper profits will be tempted to sell into this descent to avoid turning a profit into a loss. Good luck longs. I think this company has great technology but we need SIGNIFICANT news to stem the tide and I don't anticipate any is at hand.
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