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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 ramman1on May 29, 2024 8:35am
76 Views
Post# 36061895

RE:Look back at growth in sales and financials ..

RE:Look back at growth in sales and financials ..Hold on just a little bit ,my fellow poster.  YES: Obviousy there are a substantual amount of small orders arriving and those already in the system,for the quality products , and YES, there is a vast further potential, HOWEVER ,you saying we are headed for 30 million in sales is just your ''here say''.-----  Once again,the company gives no guidence of either revenue expectation, or one time costs.  That in an eggshell, is precisely  why we sit at .25 .----   Market is not going to listen to your targets,whether they may be achieved or not . They want clarity/guidence . Many other posters have noted the same situation.  Positive as the company is, share price does not move on IF'S , and assumptions by knowledgeables,they want corporate clarity. 
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