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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 Nov 12, 2024 8:38am
60 Views
Post# 36307935

RE:RE:RE:Funny

RE:RE:RE:FunnyAgree, that is the idea, distribute cash you don't think you can effectively employ to shareholders via a dividend so that they can use that cash the way they see fit. Certainly not appropriate for a microcap that has tons of room to grow, but for big companies with actual treasuries where things are parked, it will be a new asset class that is gaining wider acceptance. As you know, boards consisting of friends will not be replacing CEO's who most likely brought them there, not even poorly performing ones. In many cases right now, Bitcoin is a more attractive speculative investment than the majority of TSX-V listed penny stocks.   
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