RE:RE:RE:Today TEI meets the brokers ..............Serious brokers and institutions will never invest as a result of a presentation. The best TEI could have done is get a few of them to listen in and hopefully get them sufficiently interested to start doing greater due diligence which will eventually lead to investment.
MBC Capital Markets is still involved with TEI and this is where I hope they have contributed over the past year and some. Hopefully they got some of the investors in their database to invest over the past year and that awareness raising should continue with TEI feeding the story with continued sales success.
This presentation left me with the impression that they are really not very aggressively pursuing new clients as it sounds like their challenge is to cater to ongoing inquiries about projects by the established clients. I would therefore expect them to shortly be operating and delivering at full capacity which had previously been described to be somewhere between $35-$40 million. And naturally, as they continue growing cashflow, they should keep hiring more employees and they will need to start landing new clients since there is only so much low hanging fruit with the current ones.
All sounds good for the medium term and as potential investors kick the tires, at least some of them should agree that they are solid and worth investing it. This will happen over time.