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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 17, 2023 9:38am
94 Views
Post# 35452129

RE:The recovery after Covid is out there ...

RE:The recovery after Covid is out there ...There is plenty of validation now, with the latest one being the multi-site GEM trap contract from a multi-national, that the products and services that TEI offers are appealing to customers.  So, it is no longer a start-upish company where one needs to get over that hurdle of getting the market to accept its offerings.

With that clearly out of the way now or arguably years ago, it all boils down to sales execution and sales competency, while investing proportionately in the engineering support function.  Gotta grow the customer base, gotta accelerate sales within corporate accounts.  If TEI management is up to this, we can finally start looking forward to some respectable (30+?) share price levels making up for so many lost years over the next year or two, especially after hiring professional with investor relations and promotion.

The wait continues.
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