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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 > Crossland buying...
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Comment by ckwongon Nov 08, 2024 9:18am
44 Views
Post# 36302887

RE:RE:RE:Crossland buying...

RE:RE:RE:Crossland buying...I think the reason regarding not exercising the option could be tax. When you exercise the option, yes it will be cheaper, but you also pay tax the capital gain between the option price and the market fair price.

Mostlyserious wrote: Looked up the options in the proxy circular.  He has options between 9 and 20 cents.  The recent buys are nothing but bullish IMO, although they signal no known big events happening in the immediate term.



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Dealroom for high-potential pre-IPO opportunities