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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 9:48am
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Post# 36230782

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

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

Apple, what is your fixation with shorting this stock? There is not enough volume traded and the lack of news that is what impacts the share price. 


I always refer back to Crossland who tells us 1X annual sales is what he would pay for a developing company. The share price aligns to that statement today and when the sales justify a price move, we will get the interest to buy once again.

 

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