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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 Going44Goldon Nov 26, 2024 1:43pm
45 Views
Post# 36331692

RE:RE:RE:Login NOW ...!

RE:RE:RE:Login NOW ...!The reality is: TMG closed at $0.18 back on November 24, 2023. We are very close to that close today.  His references to stock growth do not recognize the drop from the 52 week high of $0.35 back in April 2024. Always trying to compare to 2 years ago or before Covid. Vague about PDAs in his answers today only referencing $18M from 7 PDAs which is low compared to the original 37 number which now sits at 32. Vague of projects that closed and timelines.

what I did find interesting was his reference to budgets and timelines. 1 year savings vs 2 year etc for those that were on the call. I found it interesting that his comments related to cost savings yet capital budgets (timelines) were slowing the close rate. If the TMG solution has the true savings, how come organizations cannot find ways to add more money to their budgets. There is a long history within these accounts so why not plan to spend where there is true long term savings? Something does not align here ...

The CW question and answer also told me not to expect any significant sales from that partnership. How old is that press release?  Still working on it ....

The growth question was specific to 30% growth and Crossland avoided referencing a % in his answer ....

There is a reason we are here today!


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