Thermal Energy International Inc V.TMG

market reaction

[Possibleidiot01]

Obviously , investors aren't happy.

I'm not unhappy but I'm a little confused ; some of which is due to the two year comparision ( could we just use a year to year comparision and get rid of the COVID hangover , Bill).

"During the 12-month period, the Company received orders totalling $29.7 million, representing increases of 9% year-over-year."

"Additionally, order backlog² at the end of May was up approximately 40% compared to a year earlier."

When I read this , my brain hurts  - does this mean the company capacity is not big enough to fill the orders? I know some of this is bigger contracts that may be partially completed but I wish there wa
s more clarity than this release provides.

If anybody can explain this , I'd appreciate the explanation.

[Mostlyserious]

Regardless of the pace of implementation which can just be timing of when the bigger contracts have been signed, I would say that the biggest disappointment is 9% growth in sales intake over the past year.  That does not translate into "strong demand",  And agree with you that it is time to move past the immediate post-pandemic years.   Given that the company is cash