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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 Nov 22, 2022 12:30pm
136 Views
Post# 35119086

RE:Good questions ....

RE:Good questions .... Yes, that did not work at all. I dont know how voting works since you submit votes ahead of time. If those votes needed to be confirmed, they had not done so. The sales function also raised my eyebrows. Not that it did not need to be strengthened, but as if they finally caught on to the idea that certain skills and experience are needed. Looking forward to finally seeing some experienced executive hired and then them building their own team and having engineers support sales rather than too much involved in making sales. I guess we will see how things unwind from here. There is no doubt that the market is ready for their technologies so at least the sales challenge should not include creating a market. Good contract today, hopefully next one follows soon. One such contract per month is a good post-pandemic start.
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