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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 Jan 11, 2023 11:58pm
109 Views
Post# 35217488

RE:clarification required

RE:clarification requiredI would say that the summary of the previous lengthier write-up had not been updated.  I believe that in one of the presentations the CEO stated that there wasn't much of a sales office in China and had been closed.

Hopefully once Mr. Harden's profile is added, they can clarify who is in charge of sales and marketing, including for Europe.  Not quite sure that they pay enough attention to these kind of details.

Waiting for the next contract announcement.
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