Thermal Energy International Inc V.TMG

Friday

[Mostlyserious]

It is starting to look like we will end another week without a sales announcement.  Phew!

Keeping them all for next week, making it that much better!  

What's the record number of months without sales announcements, perhaps broken by prepandemic and pandemic?  Breaking that one with the unprecedented opportunities at hand would be quite a feat.

[Finegan]

The speculative value of great promise will be fully depreciated on May 17th as this will make 5 months without a contract announcement.  Crossland's performance is truly pathetic.

[panapple42]

It has been 6 years since the last May sale .....

[Mostlyserious]

Good, so they cannot say that nobody ever buys in May. Time to make up for the last six years with six sales this May.  To bring it to normal, despite unprecedented market out there.

[RyanLn]

I wonder if they have decided not to announce sales? The earnings release mentioned backlog had grown over 2 million dollars after quarter end, and yet nothing was announced. I'll admit it's hard to understand why you would hire an IR firm only to communicate less with shareholders than you did prior to hiring them.

[panapple42]

Depends on what is considered "material". They are not doing us any favors with their silent treatment as it is.  

[Mostlyserious]

From Feb 28 to April 20 they sold $2.3 million of stuff. If the past is repeating itself, then this is a whole bunch of orders where each one is deemed too small to disclose individually. Annualized, this is about $12 million in sales, so I would agree that this kind of performance does not warrant news releases. I also looked at the orders received during the 3rd quarter.  If you look over

[panapple42]

https://fr.linkedin.com/company/thermal-energy-international?trk=company_logo check the latest update.  The have invented a time machine.

[XRRH2008]

By nothing, did you mean the several orders they announced? Their news release told us where to go in their MD&A. There were several orders listed there.

[Mostlyserious]

Pretty clear that he meant that no sales have been announced at the time that they happened.  The kind of stuff that usually gets investors' attention on a more timely basis..