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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 Dragunovon Nov 27, 2024 10:35am
40 Views
Post# 36333455

RE:RE:How about ….

RE:RE:How about ….
Going44Gold wrote: So Prone, did you listen? Crossland being vague about revenue growth. CW relationship is not close to being active for any new business. $18M from 7 PDAs will no timelines identified. Closing deals are difficult given capital budgets and commitments from clients to a specific timeline as influenced by year end dates etc lumpy sales. None of this talk will get new investors hopping on. 9:1 sellers to buyers at open today which only leads to price pressure unless TMG can announce lumpy new contracts. The April 2024 high of .35 is long gone and without significant sales, hard to believe we will see that in 2025.

That rise to $0.35 was based on Crossland BS. I benefited from that uptick in gullibility and got out. Doubt you'll ever see such prices again because TMG has even less now than it had then. Imagine how bad things will get if Crossland announces layoffs of the newly-hired useless staff to reduce costs... TMG will die under Crossland.
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