Thermal Energy International Inc V.TMG

My take on it

[Finegan]

With order backlog at 21.3M and no orders to speak of since May it would seem that the company is unable to execute in a timely manner. In other words it is unable to turn existing contracts into revenue in a timely manner.  IMHO, this is the main reason for lack of new sales, the company cannot handle the contracts it already has.  Companies are holding off on signing new contracts until they obtain a satisfactory delivery timeline, or they are simply going elsewhere.  Reality and CEO messaging are diverging.  As I have been saying for several years now, Crossland is not the right person for the job.  Time for a new CEO who can deliver and take us higher.

[panapple42]

seasonal affect should take us away from all of this.  heating bills going up LOL.

[TechSvy]

Exactly!!!!  We need Sales! Sales Sales! and an expalanation as to why we are not seeing the deluge of contracts that our "incredible growth" *Sarcasticly* should be sustaining.  This is truth spoken above by Finegan because the company can talk all it wants about profitablility but if it takes a 100 years to get to 100million the we all gonna go broke.  I am also not some

[panapple42]

or find someone who can

[Mostlyserious]

At this rate he cannot deliver on Beacon's $35 million forecast.  I am sure that forecast was based on discussions with management.  In other words, Crossland likely told them that was not an unrealistically high target.  In other words, he will not deliver on his own targets.  In other words, not doing a good job. Time to pull a few rabbits out of the hat sooner rather

[Mostlyserious]

The results are not much different than what I had expected but to me the news release and some updated information is the final stamp on the fact that this calendar year....after 8 months....there were only 3 news releases about signed deals, and 2 of them occured mid-January. So, make that 1 contract news release in 7 months.  This is rivaling many poor years and it is hard to provide an

[termac6001]

As a long term holder I could not agree more.No  panic here as I don't see anything in todays report that would make me sell. The players are enjoying themselves.

[prone]

Those investors selling down to themselves did not cause any rush to the door...!   Ha ha .!

[greendaze]

1.84 million shares eagerly bought today . I'm still holding . 

[Mostlyserious]

But the stock dropped almost 20% upon the open.  Eagerly waiting for those eager to get out.