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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 Going44Goldon Sep 19, 2024 7:44am
88 Views
Post# 36230518

RE:RE:New Press Release - Thermal Energy International Reports Fourth Quarter and Fiscal 2024 Results

RE:RE:New Press Release - Thermal Energy International Reports Fourth Quarter and Fiscal 2024 ResultsLipstick on a pig.  We all know the line. No sales growth. To claim that Q4 last year was exceptional only emphasizes that TMG cannot sustain enough momentum to gain new investor interest.

The tragedy is they have great products.  Never going to more valuable than 1x sales and they cannot find enough of them. 30+ PDAs? Was a buzz word. Not a mention as a highlight for year end.

The storyline or story needs to have a consistent theme; today is does not.  Without significant sales releases, TMG does not have the story to maintain share price. We will float lower again as you see the wall of sellers.  That unfortunately is the story today WITHOUT more sales.

GLTA
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