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.

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Thermal Energy International Inc > Need fix share structure too many shares

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Comment by canyousayiiion Jan 18, 2021 9:59pm

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Post# 32323656

RE:Need fix share structure too many shares

If you look af rhe market cap, it is still cheap so just take a posifion. But sure, if I wasn't a shareholder I'd also want a reverse split so that I can benefit from cheaper shares because that is how reverses play out. Did XBC ever do a reverse...since you are suggesting that 150 million shares makes great share appeciation very difficult?

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