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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 EnergyStorage00on Mar 31, 2020 4:16pm
117 Views
Post# 30865761

TMG caught with pants down

TMG caught with pants down

Bill got caught with his pants down. 

They were buying back shares as the Chinese Virus was making its way around the world. 

Very poor decision. I am so happy that I sold my shares at .13/cents per share. 

CapEX is being postponed across the board and supply chains are broken. Energy efficiency is going to the backburner over the next 12-24 months. 

Sales guys are calling purchasers who are at home dealing with a crisis. 

Sales guys cannot go on site to review the equipment and infastructure layout. 

Ill be buying back at .04-.045cents.. lots of time here. 

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