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Bullboard - Stock Discussion Forum 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... see more

TSXV:TMG - Post Discussion

Thermal Energy International Inc > Time is running out :)
View:
Post by panapple42 on Jul 08, 2023 11:34am

Time is running out :)

"The 2023 call for proposals for Track 2 is now open and will close by July 31, 2023. "
Comment by Mostlyserious on Jul 08, 2023 11:58am
Time should be running out in more ways than one if during this calendar year sales results don't attract investment to push the SP well over 20 cents.  We were over 25 cents when the business conditioms for their products were not as good. Not to mention that we werw over 50 cents and even $3 under previous CEOs yet rarely over 20 cents during the tenure of the current CEO who has been ...more  
Comment by termac6001 on Jul 08, 2023 3:09pm
Am I correct that one of Harden's previous employers [Honeywell][ once partnered up with Thermal on a project or projects?
Comment by Mostlyserious on Jul 09, 2023 9:23am
Director Micheal Williams I believe was closer to Fhermal when associated with Honeywell.  I think one project, then nothing when he became a director, and he is the oldest serving director, and has been out of the relevant industry just as long. Harden has an opportunity to show what a right leader can do and how fast, that rationally should pave the way to needed changes, if anyone on the ...more  
Comment by panapple42 on Jul 09, 2023 8:41pm
Interesting commentary. I do believe you are right on the money.  
Comment by Mostlyserious on Jul 10, 2023 8:00am
Long time ago, MW was "the lead sales liaison for the Thermal Energy relationship" while at Honeywell.  He also worked at Johnson Controls. Given how little value came from these complimentary yet competitor companies, it makes one wonder to what extent his director role was ever beneficial to us.  One could look at the SP and sales execution challenges to help inform that ...more  
Comment by Going44Gold on Jul 10, 2023 1:32pm
It has to be clear at this point that TMG cannpt scale their business platform w/o help.  The issue becomes who could be vested in their solutions?  
Comment by Mostlyserious on Jul 10, 2023 4:27pm
Pretty clear to the shareholders and the investment community that heard of them. The issue becomes who can find clients or partners who could be really vested in their solutions.  From client perspective arguably none of the 100 multi-nationals they've done some business with, or maybe less than a handful that may be a work-in-progress toward showing that level of vesting. Here's ...more  
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