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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 Feb 01, 2023 10:49pm
104 Views
Post# 35261314

RE:RE:Re:jeezus

RE:RE:Re:jeezus
Dragunov wrote: I agree with you, Corarose. Seems to me that a reasonable company would want to fulfill is backlog ASAP in order to create value for its shareholders and show its clients that these relatively small projects can start generating savings for them weeks from signing. TMG execs, on the other hand, are more interested in income smoothing to protect their salaries. It appears that $5M is this company's quarterly capacity and there's no interest in expanding neither the engineering staff nor the constructing labor. Like I said before, TMG is acting like a non-profit.


wow these arguments are so convincing.  TMG currently does not make profit so they are actually
a 'non profit' and are not acting.  I get the impression they won't be for long, because they need
to make money and probably like it.  Who wouldn't?  People sure are funny....

You must have taken a persuasive writing course.

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