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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 > The significance of these 3 orders...
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Comment by Mostlyseriouson Nov 12, 2024 4:51pm
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Post# 36308987

RE:RE:RE:RE:The significance of these 3 orders...

RE:RE:RE:RE:The significance of these 3 orders...You are absolutely correct.  I wondered the same thing.  Given the discretionary nature of the timing of this news release, they should have known better that some investors try to track the backlog.  Afterall, it is a key metric that they use to demonstrate their success so clarity on this metric is important.
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