Thermal Energy International Inc V.TMG

Alternate Symbol(s): TMGEF

Industrials

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.

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Thermal Energy International Inc > Wise old Warren

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Comment by fergus2on Jul 18, 2024 11:15am

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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Wise old Warren

Would agree with you Mostlyserious. One or 2 days does not a true rally make. However, that buying binge over that short period certainly looked convincing, -at least to me. Then the PR hosed down that fire most effectively.

I can only assume that most of the time management is oblivious to the goings on of the share price except of course if they were considering a financing or at year end when they submit their voting slate for approval. Obviously that's not entirely true but how else would you explain that ill timed PR? It's certainly a mystery to me.

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