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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 Mostlyseriouson Oct 21, 2022 4:19pm
152 Views
Post# 35040010

RE:RE:Proxy circular

RE:RE:Proxy circular When project sizes range between $500k and $2.8m with a great payback, and pretty well most industries across the world can use an application, selling $15m, $20m, $30m worth of technologies does not IMO constitute a pretty good (sales) team. $15m could be to one Fortune 500 company in a year. But i keep being pstient because of how great they keep painting their business environment and it is actually credible. What remains to be seen is whether they can tap into it meaningfully. "They" being someone that does not appear to have on their resume that they sold tens of millions of dollars in related equipment annually. Big companies have sales folk with these types of client accounts.
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