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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

Post by TMG12FORWRDon Jul 06, 2022 8:01pm
152 Views
Post# 34806913

re:...new partership with C-W....

re:...new partership with C-W........this provides TMG with preferred client status specifically as to TMG's GEM steam traps.

...if and when C-W has a need for steam traps, then they would come to TMG.   C-W is not in the business of selling TMG product.  It would be most encouraging if C-W just happen to have a couple of projects in the near term with need for GEMs.  And, with that your imagination can go to wild exuberance.
...wonder how well the new expanded facilities in the U.S.A. are being utilized?  No mention of that since first announced. its use form what i gather is primarily in production of Heat sponge units.
Need to produce high numbers,i.e., many clients requiring a number of such.
....f./22 final financials are to be out on or before Aug.31/22.  Wonder what TMG will still have left "in the Bag" to continue on through f./23?

Go TMG!
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