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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 May 09, 2023 11:46am
82 Views
Post# 35438619

RE:RE:RE:RE:New leadership needed

RE:RE:RE:RE:New leadership neededSome may be turned off by waiting for so long to not see a big contract.  With a bit more interest generated by the news, they may take the opportunity to be able to sell because of more volume.  Just guessing, and it doesn't matter to me because I am not here for a dime or a few cents.  if this thing is not at least a double by the end of the calendar year (to shoot for the low level clouds and not the stars), then certainly I don't see why any leader that has been around for a decade or more should remain.

I hope that this is just one of many contracts that will be announced over a short period of time measured in weeks and not months. If we have a lot of proposals out there, the frequency of decisions should increase and timelags decrease.  If we have to wait months in the future, then they are simply not generating enough proposals to sustain a business that will be attractive to investors.


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