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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 panapple42on Nov 11, 2022 7:00pm
152 Views
Post# 35092924

RE:RE:Investor email from Bill Crossland

RE:RE:Investor email from Bill Crossland
fergus2 wrote: Excellent post Finegan and it mirrors my thoughts entirely. For all of the vaunting re patents and useful products,and we know they have many, what gives with this company? If it were simply a matter of execution I guess after all these years we could conclude it to be the fault of management. But the fact that no suitor has come forward to bagTMG, save a memorandum with CW in finding leads for TMG products through their own customer contacts it leaves me scratching my head.

Mostlyserious check your in-box



It is necessary to establish a core capacity and capability to execute sales contracts effeciently and 
profitably.  Let us assume for a moment that this stage of the development is complete for TMG.
Many companies with high flying sales go bankrupt quickly because they skipped this stage
of development and have no idea how difficult it is to fulfill orders without losing money.

For example, XBC raised 207M just 2 short years ago.  Now it is gone.
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