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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 Apr 29, 2019 6:37pm
73 Views
Post# 29685937

new products

new productsUnder 1.2 Core Business, it states in the content of the description "The company is also developing a number of other technology lines, including low temperature biomass drying systems" but they do expand on what the new products include, I know they have never made that statement (is also developing a number of other technology lines) before in the Core Business description.....We know they have already announced contracts for new areas in the past three - six months, so one can only assume even other new products other than what we already know.....I thought we would have had a DryRex contract announcement by now....but there sure looks like a ton of irons in the fire.....this has got to breakout and boom very soon I can only guess.
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