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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 Jun 04, 2024 5:48pm
175 Views
Post# 36072098

Headed in the right direction

Headed in the right directionIt was a good day today for "poor shorties" and those abstaining from investing at this time... Great omen of things to come!

Smart money is dumping TMG toxic waste because the price is about to collapse - it should be in the teens in a week or 2, and in the single digits by the end of summer. Why? Because
- 4th Q ended with a single order during that time;
- expenses are much higher this year;
- additional 9 people, even though they should be more productive at this point, were a bust.

Results for Q4 will suck - otherwise there will be very little left to barely break even with next year - so only those with lots of patience and tolerance for Crossland's BS will remain. But don't worry, him and his crew will get handsomely rewarded.

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