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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 Mostlyseriouson Sep 23, 2024 10:31am
78 Views
Post# 36236278

RE:Key paragraph in $2.2 million

RE:Key paragraph in $2.2 millionAgreed.  Important to note the new combination of applications probably helps the ROI for the client even more.

Also specified that this client has 40 plants and I hope that by specifying the number, they are reasonably confident that the client will eventually proceed with most of those plants. Otherwise the emphasis could be seen as misleading.  Just got to get this stuff going on in multiples at a time because at the current pace of 1 per year, many of us, including management, may not be around to see the full completion.  Batches of 5 per year at about $10 million would be nice annual business coming from one client (out of more than a 100???)..
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