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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 Apr 13, 2023 7:16am
98 Views
Post# 35392364

RE:RE:RE:RE:Nothing to brag about

RE:RE:RE:RE:Nothing to brag aboutI think it would be extremely odd not to have a top sales exec get no options. I hope he is just not familiar with the filings.

I find it odd that no mention is made in presentations. I understand he is a new hire and unproven but enough due diligence should have been done in the hiring process to be able to have certain level of confidence in what everyone agrees should be short to medium term deliverables. His hiring was press released and not a secret snd if he doesn't pan out the same thing will happen.  If uncomfortable to mention, then they probably made a wrong choice IMO....and it is not like they made a quick decision.
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