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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 > Is TMG a good investment?
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Post by Dragunov on Jul 22, 2023 12:43pm

Is TMG a good investment?

If it is, then why don't insiders themselves buy it? Doesn't Crossland believe his own propaganda videos and NRs? It appears so. They all know what's REALLY going on, and aren't fooled by the rosy BS messaging.

Some may bring up the fact, like Crossland does in his videos, that he's already a major shareholder. OK, then why doesn't he care more about the share price? Is it because getting a paycheck for nothing is less work? I think so. And he uses the granted shares to keep himself in power.

If TMG is undervalued, why isn't its stock being repurchased and canceled? If it's because TMG has no money to do so, ask yourself why that is after decades in business. Where's the growth in revenues gone to? Answer: insiders pockets, ALL OF IT.

Some here are recommending that you invest in TMG saying, "it's a good entry point". For what? I can certainly understand why the current bagholders want you to take this unproductive stock off their hands, but why should you now want to burden yourself with this load of Crossland's manure? Nothing has changed at TMG, despite his profuse claims. This is a fixed capacity non-profit company with a bloated overhead. Until the crooks at the top are ousted, this stock will continue to drift sideways.


As much as I, a current bagholder, would like to get rid of this unproductive asset run by a bunch of completely useless imbeciles like Crossland, I recommend that you don't buy a single share before you review TMG's history. Look at the fruits they've borne, or lack thereof. Observe the propaganda videos put out by the incompetent CEO where he constantly embellishes reality. If TMG was a winner as some here claim, buyers wouldn't haggle monthly over $0.005 with the disillusioned sellers, and insiders would themselves buy in. The price is stuck where it is because most have already caught on to the fact that TMG is no good.
Comment by Mostlyserious on Jul 22, 2023 2:38pm
It is certainly in their control to buy some shares to show confidence in their leadership. It is pretty sad that directors don't reinvest their director's fee into the stock. If they need that extra money to make ends meet, they certainly should not be making important decisions that are supposed to grow the investment for so many of us.  In other words, this company cannot be much ...more  
Comment by panapple42 on Jul 22, 2023 8:03pm
Record yearly sales.  A robust business environment for industrial efficiency. Nothing we say here can change the future.
Comment by Mostlyserious on Jul 23, 2023 12:00am
If they took some advice about what would give retail investors some confidence, future could be changed. What they have been doing as a result of a bunch of heads put together has not worked.  Not sure that the same bunch of heads can make it work, and there is a lot of basic but good advice that I have not seen employed too often or ever, by some of them.   Put a normal course ...more  
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