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 > Lol already at .13 cents

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Comment by Nothingmatterson Nov 24, 2021 11:53am

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Post# 34161771

RE:RE:Lol already at .13 cents

Currently trading at P/e level of 63. P/b is .01 cent. Fair value according to my opinion should be anything between. 01 to .05 only... only if they any kind of revenue to say the least... imooooo no financial advice. Do your dd.

Martincat wrote: Could you clarify your P/B IS ONLY ONE CENT? Do you mean that the stock price of $.05 may be only 1% of book value? If so, TMG would be the greatest buy ever with a book value of $5. P/B is percentage ratio as I understand it.

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