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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 Feb 20, 2023 8:54am
93 Views
Post# 35294875

RE:RE:BoD election results

RE:RE:BoD election resultsTrue, most don't vote, and I would guess partly because the system makes it too difficult for the retail investors to make a difference....you can vote "yes" for a director or not vote, but cannot vote "no".  Democracy gives you that choice. Lol!

Some companies could do good without great management.  It is just that with stronger management they could do so much better.  And sometimes after awhile you hope that the BOD does its job and demands better performance of managwment. That's what you hope for a company that objectively has potential.

Anyhow, time for TEI to start inking some contracts again.  If the business environment is so much better, we should not be going back to several months without contracts unless the six month spurts produce more than $19 million. Eventually the math shows that the frequency or larger amounts are needed to grow.
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