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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

Comment by fergus2on May 27, 2020 1:25pm
88 Views
Post# 31078868

RE:RE:RE:RE:RE:Q3

RE:RE:RE:RE:RE:Q3I think it easier to buy a business that represents a good fit to the products that TMG has, than it is for a TMG salesman to sell the technology to a customer. And yes, there must be scripted fanfare to the release of business news by a company.
I like your use of the word ”factoid” which I interpret to mean as “tiny,”- in reference to new deals inked lately which is the real crux of the problem. I don’t state any of this as a form of criticism, but merely offer it to outline the specific challenge TMG faces.


 I have a small position that I did not overpay for; I’m content to see how they will fare coming out of Covid. The last few months has been an obstacle to most businesses, -a one-off, if you will, so I will not allow it to unduly influence my judgement. I will hold.

Thanks for your reply Canyousaii.
Best wishes
Fergus2


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