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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

Post by Dragunovon Aug 19, 2023 11:04am
156 Views
Post# 35596221

Summer is about to end

Summer is about to endDid TMG announce only 2 "major", by Crossland's standards, orders since January of this year? If so, damn! The alleged "CAPEX calendar" of "real companies" is wreaking havoc on Bill's "unprecedented" BS narrative.

"The Company received 25 signed project development agreements ("PDA") in fiscal 2023 (including seven in the fourth quarter) compared to ten signed PDAs in the prior fiscal year."

All these alleged PDAs and none were completed since May??? What are these clowns up to all day long? Some may say: "Well, they're obviously taking care of the swollen backlog." To this I say: "OK, so the fabrication/construction crew is working (at their regular slow pace), but what about the rest of the grifters?" MBC, for example, now received $28,000 for doing NOTHING. How about that Harden character's contributions? Well, whatever they are, none of his achievements to date have been worthy of a PR.

At this point, whatever backlog TMG has is not being replenished enough to break even this fiscal year. The only way out of this rut is getting rid of the useless fossils who've literally treated TMG as their retirement fund until their eventual demise, like with that useless Kelly scumbag. Vote all these crooks out when the time comes.

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