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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 15, 2023 5:30pm
85 Views
Post# 35396886

RE:RE:Latest Pr

RE:RE:Latest PrOctober 2021, Oak Hill experiment until December 2021.  Seen no investment activity, heard nothing more about it.

Now he is going with a company whose face of the Toronto office is his chosen IR guy that served us for more than half a decade and there was no notable result.

If he produced what he suggests in his presentations, we wouldn't need an external IR firm. 

The only success for this engagement now is if they bring an investor or two or three who will be willing to invest at least couple ofbhunder thousand dollars and clear at least 10 millionvof "that's enough" shares and bring visibility to the stock by having it double or triple.  By that time he must have sold another $10 to $20 million of product so that there is a backlog which can guarantee a $25 to $30 million revenue year without any more sales.

If this initiative produces nothing and sales are sporadic, he definitely has nothing else to offer by this time IMO and someone else is deserving a third of a shot he has been given.

Greendaze, "good move"?  Nope.  Right now it is just a "move" so attention getting that they thiught announcing it Friday after close would be a "good move".  I had to check the calendar to confirm that it is not the first day of April.
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