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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 panapple42on Aug 13, 2024 7:09pm
77 Views
Post# 36177592

RE:RE:RE:RE:RE:Support

RE:RE:RE:RE:RE:Support
Mostlyserious wrote: I am not sure how to answer your first statement because I don't exactly know what you mean by "freeloaders".  If you said family and friends, I would maybe better understand it.

As to the Board of Directors I would definitely say it needs a solid refresh. For the most part, one could describe many of them at this point as old men who unlikely have anything fresh to contribute to help accelerate the growth of the business.  Including the CEO, three out of 5 are or were in the investment business yet have struggled to make it a solid investment for TEI shareholders.  So, not helping grow the business much and not helping grow the share price much.  Renewal has been needed for some years IMO.

But the potential is still there, the question is how much of the realizable potential is being capped by this group.  Should also mention the the CEO is not helping his share position much and he is not getting younger thinking about eventual retirement and cashing in some of his shares at much higher levels that could be attainable.



https://www.nationalobserver.com/2023/11/21/news/canada-has-widest-gap-between-words-and-action-un-finds

It would also help if the governments were doing more than creating white papers re the affect of 
dog doo on the C02.  C02 levels are rising and the number of people paid to fight that is 
higher than ever.  All all the private jets to fancy conferences with unlimited
budgets for hotels and food etc ALL on YOUR DIME.

TMG Sales team seems very large now as per the recently published photos of their lunch.
So far not proportional to the total sales.  Close some deals people. 



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