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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 canyousayiiion Nov 19, 2020 8:57am
37 Views
Post# 31929563

RE:RE:RE:RE:RE:Need to get noticed by fund managers...not newspaper readers

RE:RE:RE:RE:RE:Need to get noticed by fund managers...not newspaper readersGiven Thermal's valuation, I think it could be a multibagger if there were changes at the board and management levels. I think we are being punished for the lack of confidence in people and not the products. Previous CEOs showed what a bit of enthusiasm can do and this was in the earlier days of Flu-Ace and GEM commercialization i.e. tougher sales pitch due to lesser track record. This lays squarely on the shoulders of the chair of the board, otherwise the backbone of other board members. Attend the AGM and let them know if you are dissatisfied by being specific about their performance, not the 'company' performance.
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