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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 > Summer is about to end
View:
Post by Dragunov on Aug 19, 2023 11:04am

Summer is about to end

Did TMG announce only 2 "major", by Crossland's standards, orders since January of this year? If so, damn! The alleged "CAPEX calendar" of "real companies" is wreaking havoc on Bill's "unprecedented" BS narrative.

"The Company received 25 signed project development agreements ("PDA") in fiscal 2023 (including seven in the fourth quarter) compared to ten signed PDAs in the prior fiscal year."

All these alleged PDAs and none were completed since May??? What are these clowns up to all day long? Some may say: "Well, they're obviously taking care of the swollen backlog." To this I say: "OK, so the fabrication/construction crew is working (at their regular slow pace), but what about the rest of the grifters?" MBC, for example, now received $28,000 for doing NOTHING. How about that Harden character's contributions? Well, whatever they are, none of his achievements to date have been worthy of a PR.

At this point, whatever backlog TMG has is not being replenished enough to break even this fiscal year. The only way out of this rut is getting rid of the useless fossils who've literally treated TMG as their retirement fund until their eventual demise, like with that useless Kelly scumbag. Vote all these crooks out when the time comes.
Comment by Mostlyserious on Aug 20, 2023 6:44pm
Yes, only 2 major individual contract announcements this year. If I read the last update correct much better is to come. Much better needs to come because 2 such  contracts in 8 months is not better than in their worst years during Crossland's years.  He is the one saying how great the market is....so.....deliver.  All their big clients have exceeded prepandemic revenues even ...more  
Comment by panapple42 on Aug 22, 2023 5:18pm
GET LOST: In my opinion, TMG has been acting like a non-profit for a very long time. Growth is non-existent, despite what the CEO claims, and yet everyone gets to keep their job. I own 275,000 shares but I no longer have faith in the direction this company is headed. I'll wait 2 more quarters to give the new sales guy a chance to materialize their fabled PDAs, but no more. Their Covid and ...more  
Comment by panapple42 on Aug 22, 2023 5:21pm
Forgot the quotation marks: "In my opinion, TMG has been acting like a non-profit for a very long time. Growth is non-existent, despite what the CEO claims, and yet everyone gets to keep their job. I own 275,000 shares but I no longer have faith in the direction this company is headed. I'll wait 2 more quarters to give the new sales guy a chance to materialize their fabled PDAs, but no ...more  
Comment by Dragunov on Aug 23, 2023 11:09am
A magnificent find by our esteemed pineapple! I am honored to know that a fruit of such stratospheric caliber has been an avid reader of my material. Such validation leads me to experience the deadly sin of pride... Forgive me, Father! Although it's a shame that pineapple's repost did not comment on the accuracy of my predictions - which appear to be spot on - but only to the ...more  
Comment by panapple42 on Aug 23, 2023 11:28am
 "In summary, they need to ink 40M sales in the next 12 mos."
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