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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 Aug 19, 2021 10:50pm
145 Views
Post# 33738166

RE:RE:RE:Setting the stage for .... Tic....Toc.... News ?????????????

RE:RE:RE:Setting the stage for .... Tic....Toc.... News ?????????????Unfortunately, not. I would like to think that Bill is a reasonable guy that knows that he can't keep doing these presentations without signing deals as sites are opening up despite variants. But, I also think that Bill can't operate on the "Bill speed" anymore. From a number of different companies I've seen, they have used the Covid situation to sniff out some good business acquisitions at very good valuations. We have just acquired technologies from a company that had effectively been bankrupt for more than half a decade. He has to become more aggressive strategically, and his sales folks need to be more aggressive on the ground. I am hoping for half a dozen decent contracts by the next AGM, and hopefully one multi-million dollar one, that will start showing the potential we think he is promoting. His CAGR figure won't look good next year so he needs to start telling the growth story with a fast growing record backlog.
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