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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 AlbertESGon Nov 12, 2024 6:25am
57 Views
Post# 36307747

RE:RE:Funny

RE:RE:Funny
If investors like bitcoin, they should buy bitcoin.  It shouldn't be the function of a CEO of a cleantech company to speculate on bitcoin for them. It's just another risk asset that's going up because it's going up. In hindsight it worked out for KNR, but what if bitcoin had dropped 50 percent? A microcap CEO needs to use the company's scarce capital to grow the core business, not to chase returns in random asset classes. If the CEO can't figure out a way to grow the business that he was placed at the helm of organically or through acquisition, he should be replaced.
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