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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 > Something to consider - for you approval on Proxy
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Comment by panapple42on Nov 19, 2024 9:48am
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Post# 36319568

RE:Something to consider - for you approval on Proxy

RE:Something to consider - for you approval on Proxy

The salary is completely in line, especially considering many CEOs are making more than 200x the average employee.


I believe he owns more than 6M shares now.  If the SP rises one penny it equates to over $60k.
One nickel covers one year of salary with change.
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