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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 Jun 04, 2023 2:43pm
101 Views
Post# 35479311

RE:RE:RE:RE:RE:RE:RE:Something a-foot ...................

RE:RE:RE:RE:RE:RE:RE:Something a-foot ...................Need much more profit if we want a solid market cap based on purely financiak performance.  Need over $4 ,million.  Annualizing Q1, we are just about half way there.  Don't need to double revenues because of fixed costs, but certainly need better than 50% growth I would guess.

Need to make acquisition of new customers a bigger part of their growth strategy since focus on the existing client base is not bringing most clients for more business fast enough.

Grow the sales team or establish a strategic partnership with one of the bigs where we can leverage some of their resources.  Back to hoping Harden can bring some fresh perspectives to kick this thing into hyper growth, relatively speaking.
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