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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 Oct 24, 2023 12:40pm
105 Views
Post# 35698425

RE:RE:RE:RE:RE:Okay then ...Tuesday NR is delayed ...

RE:RE:RE:RE:RE:Okay then ...Tuesday NR is delayed ...Good chance it will be put out within those few days, but not guaranteed nor technically required by the regulations. Greendaze thought it would be out yesterday based on what he saw. I didn't beleive it, for good reason.

Last year October 25, the year before October 29 and the year before October 30.  Maybe their algo put out Monday based on trend analysis, which would not have been sound modeling.

Anyhow, we will see them in days, but again, to me it doesn't matter because we are a growing company where it will be more important what happens in the next three months, then what happened from June to August.

For fun, Q1 is usually the slowest quarter for various reasons, last couple of years has been under $4 million, closer to $3 million and my guess is that we will be in the $5-$6 million range that will constitute one of the strongest Q1s in company history.  And, of course, this reported revenue will decrease the order backlog by that amount.  So, higher revenues, lower backlog.  Lower revenues, higher backlog.  What do you prefer?  Hence the next three months for me.

  
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