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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 ramman1on Dec 12, 2023 7:27pm
147 Views
Post# 35781157

It's just too bad

It's just too bad Great company all around , but just too many shares outstanding , allowing ''half penny stiffs'' the light of day .  Yes: eventually great company operations may overcome this ,however a ''1 for 5 '' consolidation in shares would drive this to a crazy level .Just think  : who around the world in the investment area , would  become interested in a position at  $1.10  ---MANY FUNDS ''    Great company ,look for a great 2024. 
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