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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.


TSXV:TMG - Post by User

Thermal Energy International Inc > New Press Release - Thermal Energy International Reports Fourth Quarter and Fiscal 2024 Results
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Comment by Going44Goldon Sep 19, 2024 8:45am
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Post# 36230620

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

RE:RE:RE:RE:New Press Release - Thermal Energy International Reports Fourth Quarter and Fiscal 2024 ResultsTo your point, TMG used PDAs as a talking point when it was trying to build the credibility story BUT no longer a valid metric. We no longer have consistent messaging regarding PDA backlog, completions, and conversion to actual POs. To be honest, this was the messaging that clearly had my interest.  What is the real puzzle today is given the ROI to their solution, why the inconsistency with their existing  "large" customer base?

Something is missing. It is up to the organization to be focused on new sales and to deliver tangible results to create interest in their stock.

GLTA
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