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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 mart2on Apr 28, 2004 3:44pm
94 Views
Post# 7415339

RE: New - Project Update

RE: New - Project Update Well said lastdrop... I am too upset about this NR... Simply nothing more than a non-event. Remember this Press Release they issued on December 12: "Many of the initiatives we have worked hard to implement over the past two quarters have begun to bear fruit. We fully expect to continue to build on this positive momentum and achieve additional sales successes in the near term". All they have for us after all of this waiting is an update on an ongoing project… They are telling us that the project is being delivered on time and on budget. As a shareholder, I was simply expecting to see the company delivering on time and on budget. Nothing less. This NR is simply a non-event for me. Nothing from their very promising relationship with Johnson Controls. Nothing about these promising contracts. That’s what I want to hear about… It’s about time for the company to come out and talk to us about these promising contracts. How the relationship with JCI is evolving? What are the prospects in the coming weeks? What are the chances of success? Come on, TMG, you can do better… Mart
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