Thermal Energy International Inc V.TMG

Alternate Symbol(s): TMGEF

Industrials Pollution & Treatment Controls

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

Thermal Energy International Inc

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Comment by Barrhaveniteon Dec 20, 2020 7:59pm

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Post# 32150112

RE:RE:RE:RE:I Wonder

Sales growth is the key. The shares will take care of themselves. 20 mil in revenue with 170m shares is good for Thermal but not great marketwise. Havn't followed this too too much but I believe their was a NCIB which reduced the shares so that has helped. I will buy on weakness and perhaps this week if some investors who hold in a cash account sell for tax purposes.

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