Thermal Energy International Inc V.TMG

Throwing in the towel

[ol_griz]

Prospects looking pretty dreary.  If Omicron fizzles, I may look at it again.

I almost never sell losers and I've got my share but this one ...

GLTAL.

[fergus2]

Check your in box, Fergus 2

[TonyOntario]

I threw in my towel today. I might buy back in if we get back down to the 7-8 cent range or if I see some decent insider buying. Good luck everyone.

[canyousayiii]

If this reached single digits yet again, I would only buy more if the Chair and the CEO were replaced by folk that think that selling $20 million worth of equipment where a project can easily be between $1-$2 million is nothing to write home about. I bet you the companies with combined annual revenue of $350B are still spending hundreds of millions $ on capital equipment during Covid. And this is

[AlbertESG]

Better than cogen is the Dry Rex. I believe that its rights were purchased for 3.5 million dollars way back in the day, and it was supposed to the next big thing for pulp companies. Clearly it wasn't. It's still mentioned on the website and in all the press release blurbs, but I'm not sure that any were ever installed. Bill never seems to mention it during any of his presentations

[canyousayiii]

You are right. DryRex was supposed to be a technology that would be a few million bucks to install. They bought it from Mabarex which had an operating installation in BC, and I think it took Thermal some time to be able to showcase it. I remember they were running some small scale pilots to see what kind of biomass it was best suited for. You make a good point, Crossland needs to speak to this

[Nothingmatters]

This b is a paid pumper

[panapple42]

We know what you are.

[Nothingmatters]

Pineappke we also know what you are, crossi as* licker. Most of the board is insiders fudged...

[panapple42]

Good to hear Tony.  Good riddance.