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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 Oct 22, 2024 10:15am
55 Views
Post# 36276579

RE:RE:RE:Picture > than thousand words

RE:RE:RE:Picture > than thousand wordsYes, I admit that I don't particularly spend a lot of time doing DD on my investments to understand how the products they sell work.  I try to assess whether there is a demand for them and how much they can sell.  Granted, a lot of this is based on certain faith in management assessment and communications to the public.

By this time, just by the fact that they are selling GEMs and Flu-Aces, and to some repeat customers, I reasonably believe that they do deliver the benefits of what the company is telling us.  I see growing revenues that align with some of the past messaging.  But the messaging of future growth is at a bit of a crossroads when for many months there are no sales news releases.  Granted, they may not be announcing the kind of sales we would like to see announced, which would then question leadership judgment with regards to the tools at their disposal to accomplish the thing for which they exist - grow the share price....not to help the world's climate.  They can do that through their own private companies and let those that understand the ultimate and only objective run this publicly traded company.

Thanks for "how it works" link, but it is not useful in any investment type of way.

Cheers.
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