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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

Post by shloon Jan 26, 2005 12:57pm
233 Views
Post# 8491119

Read my posts!

Read my posts!I am not a basher. But TMG is a company with bad bad bad balance sheet. It was a great investment for 7 cents and a bad one for anything above 12 cents. As I wrote before someone just used again the greed of the uneducated gamblers. Next week it will return back to 15 cents, and I might buy them again in a month for 8-10 cents.I think that i was right when I sold them for 2 cents, more than 300% gain.
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