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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 TechSvyon Sep 19, 2024 10:11am
80 Views
Post# 36230844

RE:My take on it

RE:My take on itExactly!!!!  We need Sales! Sales Sales! and an expalanation as to why we are not seeing the deluge of contracts that our "incredible growth" *Sarcasticly* should be sustaining.  This is truth spoken above by Finegan because the company can talk all it wants about profitablility but if it takes a 100 years to get to 100million the we all gonna go broke.  I am also not some basher as I can assure you a .04 swing on the share price costs me a lot of money today.  We need real answers not some this last year was great when sales has fallen off a cliff last quarter and no signs of improving based on any resemblance of information from the company. They still pushing the sky is blue in their world. Crossland needs to answer for this with a real plan to get to not 35 million next year  and 40 million the year after that  but to 100 million because that is what will attract the kind of instutional investors that will move the needle here.
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