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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 AlbertESGon Jun 14, 2024 10:03am
68 Views
Post# 36088977

RE:RE:RE:Shareholder COMMUNICATION

RE:RE:RE:Shareholder COMMUNICATION
It is or perhaps was a phase in the company's strategic plan called "Getting the Story Out", and Bill has mentioned many times how participating in investor conferences and events is one of the best ways to bring about share price appreciation. He started with a strong IR push this past fall, and it seemed to be working, but once again, he appears to have given up.

I can appreciate that he is probably busy, but shareholder return is supposed to be his number one priority. These events are all virtual now, so he just needs to spare an hour or so every week or two. He can't dedicate that little amount of time to what he views as the best way to bring about price appreciation?

And what about the IR firms? First they hired Oak Hill, and then nothing more was ever said about Oak Hill. Then they hired MBC on an 8 month trial basis. What happened with MBC?
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