Looking very good.

I have taken a position again :o)

I think this stock will really surprise you, it's almost like you've been following it for too long and have lost faith. Most company stock prices stay at the same level for at least ten years from the day they go public, I wouldn't have expected their pps to be any higher at this moment. I do believe though, if they don't continue diluting and they don't need to because they have minimal debt, that when the pps starts going up, it will make a few patient investors wealthy. Obviously that is just an opinion and I don't have my life savings in this company but I have invested over 10 thousand and believe every penny invested is worth it.

What you're saying is what has been said for years about this company. The company has been around a long time an is relatively well known, especially around Ottawa (Ottawa Citizen). The merger (re: GEM) followed years of partnership, etc... the Thermanolox and the like, tests have gone and passed and started again....
At any rate, good luck to you. You'll need it if you're waiting for a .50+ share value.
g.p.

News like that was not seen often, but I think as the company grows, we'll see it more and more. Small companies have to start somewhere and they have been around for 10 years or so, still very young. No guaranteed in their success but their balance sheet is looking better and better and some bigger companies are considering their business.

You'll see many many companies that are not in as good health as tmg that are worth more than 100 million in the stock market. Stocks don't always give the appropriate valuations. I think TMG is undervalued and I think a big problem right now is that they are not very well known and many investors that might consider investing a small portion of their portfolio in this company have never heard of it.

1000 % eh? That would mean TMG would be worth about $110 million dollars? You ARE an optimist!
Recent news is again for GEM (tm) and worth close to $700 thousand dollars... and news like this are not seen often...
GLTY!
g.p.

I like the potential over here, but LLEG stock is also looking good

Of course I'm an optimist, this isn't a new company anymore and their balance sheet is much improved compared to 5 years ago. The other thing is it's been around this level for the last 2 years and due for a nice spike in volume and pps. Just waiting for the next spike to sell half my shares, look at January 2005, it went up 5 fold on slighly increased volume during one month, and it seems to have a jump like that every 2 years or so and the big thing is that this company is much better positioned financially now. No debt, more business and cash flow positive with potential of gaining many more contracts. At this stage it's fairly low risk with potential of huge returns. Good luck to all, I'm in this one for huge gains, won't be satisfied with a 10% gain, maybe more like a 1000% gain. If I wanted a 10% gain I go in something more boring like walmart or google. Have a great long weekend everyone!!

You are an optimist!
Slow ordering has been the norm for endless years!
I might agree on the trading part if you're not looking for doubles!
g.p.

More good news today, once companies start ordering they'll get more and more of the big companies to order from them. So much potential here! I'd say the best way to play this one is to hold a position and to trade part of it too

You could be right,
yet, I'll stick to a 'wait-and-see' on this one.
I've been following this one for many years and the forever-like type of demonstrating their other products (outside of GEM) seems to take an eternity. Remember the Chinese connection?
g.p.

I've been wrong many times before but I just have a gut feeling some big investors are watching and when this thing goes up it's gonna go up high and fast.

I was in at 0.06 and would be very surprised to see it dip below unless they have some disappointing news come out soon. Investors are starting to notice this one, the pps would be way higher if it wasn't such an unknown stock, time will tell. They are certainly heading in the right direction.

-lol- Good for you.
I closed my position, yesterday. .075 is good enough.
Might get back in under .06.
GLTY, 'PRO',
g.p.

The volume friday and today confirms that there are some big players with their eye on this one, this is a great speculative stock. It may never be a winner, if it does become a winner, it's gonna make some people wealthy!

I can tell you are an amateur because outstanding shares do not prevent a stock from going up, it's the market cap , and the market cap is minute. As long as they don't dilute and keep getting contracts we will see the pps increase.

That will not be easy. Look at the shares O/S; so little outside of those GEM (r) items. It will take a few more contracts of the $400K-range to start moving this one.
That said, I'm long, here, but it's just a small investment.
Perhaps, reconsider your 'considering'?
g.p.

I am watching this one closely, so much potential because the market cap is so small and they don't have a bad balance sheet considering, could go much higher!!

Thermal halted pending news a couple of days ago and today, the news are out. 2 contracts, and this time, it may finally mean more to come later too.
Shares averaged .08, up about two cents. Considering the high O/S, it's a very good start. It may go up again, Monday, but don't expect much. Optimistically, .10, .105?
The weekend to read those press releases carefully.
g.p.

Scrutionized or not, the news are few and far between.
TMG barely hangs on to the .06 SP.
No new contracts, relying on GEM will not do much for Thermal.
Imo, watch, don't buy; one very good news might bring this one around .10, if at all. Thermal has close to 170M shares O/S.
g.p.

After one day, Thermal is back to about the same share price as prior to the halt: .06 to .07 range.
Not expecting news right away as these will have to be scrutinized carefully, for now.
However, I think the Annual Meeting is still scheduled for Nov 19. It could prove interesting.
g.p.

TMG is trading.
The halt is lifted but TMG remains on high surveilance.
Already high volume at opening. Will it stay at .05?

Almost 3 months halted! Imo, lucky to be trading so soon; new management must have cooperated very closely with the TSX Venture.

GLTA
g.p.

Since the halt, just about everybody's been replaced and no sign of return to trading. Sales, in the past, seem to have been embellished but the last few actions (GEM, Kemco distribution) could prove to be the new starting ground.
Not much can be done outside of waiting and the wait could be fairly long.
As far as zero to profitable, that's just a point of view. A trader would be happy with a return to .10, whether or not the company turns a profit.
g.p.

u gotta admit it doesn't look good. it's a lot closer to 0 than it is to profitable...

You seem pretty much sure of yourself. On what do you base your 'affirmations', especially regarding TMG?
g.p.

canadian company in usa. forget it. best try to work things out in the minors first. USA is a way tougher competitve environment

us taps stimulus fund $300m in clean tech


see www.businessgreen.com/articles
"us taps stimulus fund for more than 4300m in clean tech investment. if tmg blows this give away, i will be gone. this is a given.

Correct. Remember the super-sales team that amounted to nothing? I think TMG has a lot of work to do in the US and it will be tough for a CDN company there under present conditions. Not much better in Canada where contracts did not materialize.
Kemco might work and the GEM merger will bring revenues.
For the moment, getting rid of that halt is first priority.
g.p.

little emphasis lately on stimulus funds.

the stimulus package includes money for energy savings. i thinking of recovery of waste heat from the thousands of boiler
exhausts in the usa. not too much from tmg on this subject,
except a few generalities. seems to me this would be the biggest place to install flue-ace.

energy recovery and industry

after becoming familiar with the products of tmg i am amazed
that sales are so few. with proven technology to recover waste
heat, corporate geniuses are not taking the bite yet. when oil hits 4150 again maybe the market will change. there are so many application where exhaust heat is not a concern that it should be in the stimulus plan. i could not find reference to it.
maybe someone can shed more light on the subject.

of course, trading resumption is the priority. i have started listening to the audio presentations for 2008. everyone should do so. very informative.

Did the Annual say that the China test would be up to 4 years? (2011)?
The concern, for the moment is trading again.
g.p.

status of thermalonox patent. the patent application was filed in 2007. any inquiries on how the approval is progressing or how the china test is going. sometimes no news is bad news.

Update on Thermal halt since July 22.
News:"8/7/2009 8:00 PM - Canada NewsWire

OTTAWA, Aug. 7, 2009 (Canada NewsWire via COMTEX News Network) --
Thermal Energy International Inc, (TSX-V:TMG) (www.thermalenergy.com) announced today that Tim Angus has resigned as President and CEO and from the Thermal Energy board of directors for personal reasons. William Crossland, a Thermal Energy board member, has been appointed as President and CEO to fill the vacancy left by Mr. Angus' resignation. Mr. Angus has committed to work with Mr. Crossland to ensure an orderly transition and will also continue to assist the company with a number of key sales initiatives and strategic priorities going forward.

Mr. Crossland has over 20 years experience with a wide variety of renewable energy, alternative energy and cleantech companies and has been an active member of the Board of Directors of Thermal Energy since May 2007. Commenting on the appointment Mr. Crossland said "I am very pleased to be increasing my involvement with Thermal Energy at this stage in its development."

The Board of Thermal Energy would like to take this opportunity to thank Mr. Angus for the meaningful contribution he has made to Thermal Energy over the last 5 years. Under Mr. Angus' leadership Thermal Energy has added significantly to its product offerings and capabilities, customer base and geographic scope providing the company a strong base from which to grow..."

THIS followed the UPDATE:
"
Thermal Energy works to lift halt


2009-08-07 16:36 ET - News Release

Mr. William Crossland reports

Thermal Energy International Inc.'s securities were halt traded by the TSX Venture Exchange on July 22, 2009 (see Stockwatch) pending clarification of the company's affairs. The company is unable to provide further information at this time, but wishes to advise that it has been working diligently with the Exchange to have all matters resolved in a timely fashion. In this regard, pursuant to the exchange bulletin in Stockwatch July, 22, 2009, the company's securities continue to be halted pending clarification of company affairs."

NOTE: Mr Crossland's name already at work? IMO, the halt will be lifted soon.
g.p.

Thermal halted since the 22nd.
Just after a news release about a small contract ($about $300K worth), came the halt release:
--..VANCOUVER, July 22 /CNW/ - The following issues have been halted by Investment Industry Regulatory Organization of Canada (IIROC):

Issuer Name: Thermal Energy International Inc.

TSX-V Ticker Symbol: TMG

Time of Halt: 09:00 ET

Reason for Halt: Pending clarification of company affairs ...--

Pending news would have been all right, even good, but clarification of company affairs may take a while...
That's too bad, as the Belfast news may not have given that much to TMG but would have brought some hope of other contracts.

Can only wait, at this time.
g.p.

Perhaps there was a reason for that hype:

"Thermal Energy International & Kemco Systems Inc Conclude Exclusive Distribution Agreement
6/8/2009 7:47 AM - Canada NewsWire

OTTAWA, Jun 8, 2009 (Canada NewsWire via COMTEX News Network) --
Agreement adds new products and customers across Europe, Middle East and

Asia

Thermal Energy International Inc. (TSX-V:TMG) (www.thermalenergy.com) (the "Company" or "Thermal Energy") is pleased to announce it has concluded an agreement with Kemco Systems Inc (Kemco) of Clearwater, Florida (www.kemcosystems.com) to become the exclusive distributor of Kemco products in all areas globally except North and South America.

Kemco is a recognized leader in providing high efficiency, environmentally friendly water heaters, heat recovery, and water treatment systems, guaranteeing performance that will save water, labor, energy, sewer, and chemical costs. In business since 1969, Kemco's knowledge and experience has provided over 5,000 systems world-wide to the laundry, textile, food & beverage, ready mix concrete, automotive and other industries.

As part of the agreement TEI will take on three Kemco International employees in the United Kingdom under TEI's GEM division. TEI immediately takes over the existing Kemco pipeline of sales opportunities in all the territories represented in the distribution agreement.

"We are very pleased to conclude this agreement with Kemco, adding a number of new proven products to our offering, ultimately providing more options and more value for our customers" said Tim Angus Thermal Energy International President & CEO. "Kemco has an established track record as the industry leader for heat recovery, ultra efficient water heating and water recycling technologies" said Angus.

Under the terms of the agreement, TEI will continue to market its trademark Flu-Ace(R) to select customers and industries, while also adding Kemco's line of condensing boiler stack economizers, direct fired water heaters, waste water and heat recovery systems. In addition, Kemco will manufacture TEI's Flu-Ace(R) systems to TEI's specifications at their Clearwater, Florida manufacturing plant. This arrangement is anticipated to improve TEI's manufacturing cost.

Kemco's boiler stack heat recovery product and its environmentally friendly water heaters are strong compliments to TEI's proprietary Flu-Ace(R) heat recovery and GEM Condensate Return products. In addition Kemco's water recycling technologies will allow TEI to capitalize on the rapidly growing trend of on-site commercial and industrial water treatment and water recycling among its customers. The strong customer and industry overlap between Kemco, TEI and GEM should provide significant opportunities for sales synergy and expansion.

"We are very excited about this agreement and we look forward to the future with TEI and GEM and expanding our tried and proven technologies globally" said Carroll Gorrell, President & CEO of Kemco Systems Inc.

In North America, TEI will continue to offer its full suite of solutions to its customers, but now has the option of providing it's USA based customers with a very competitive 'Made in America' heat recovery solution...." (Disclaimer and 'about' paragraphs, omitted."

TMG started at .08, this morning. Worth more than a watch...

g.p.

Games, games, you'd think these only happen for pinkies.
Look at TMG on the TSX-venture.
Early, this morning, there was a i million share bid at $5.00, yes, five dollars. Down at $2.00 by 9 am but still at .20 just before market open.
It opened at .07 (up 2 cents) and reached .105 before retracing... funny thing, with over 4 million shares traded, it has not gone below .06 yet. Someone may have made a coup, selling out at a better price than the .05, the standard, since mid-February.
Games...
g.p.

Even more so, now, as TMG admits the unlikeliness of closing that $20 million, then $10 million contract, now, likely zero. There are still a couple possible contracts down the line but nothing for sure.
Today's trades, mostly at .045 with tons of asks at .05.
Could be going to half this price soon.
DD, of course. DD, lots of DD on this one.
g.p.

Getting good volume but remains at about .05. The GEM sales are improving I heard, but not an official news. Neither the possibility that TMG is looking at conserving cash to last more than 2 years. Possibilities but highly speculative for now.
Watch and do Due diligence.
g.p.

You probably posted on the wrong board but here's an update on Thermal Energy:
Current price is .05 CDN and volume today is good at 200K.
Long on promises of contracts to come, Thermal, so far, is short on delivery. Some contracts due for signing recently, have been posponed due to the economics, however, as it is going, TMG is burning cash at a rate I consider close to alarming. Thermanolox, etc... all seem to be forever tested. GEM may be the main source of revenue but remember, GEM was acquired fairly recently.
The 'dream team' for sales of a couple years ago has not produced what was expected, imo. The recent addition of five more to that team, only one of these NOT exclusively GEM, is worrying me a little, too.
I feel many competitors have gained contracts, patented their projects while, again, TMG more or less stayed put.
Should the finalization of that ten million dollar contract materialize soon, it could help.
At best, TMG, remains a highly speculative stock and definitely not for the Conservative Investor.
g.p.

Ok, so how is this stock doing, Larry?
What shall we do now? Is pc fixed for messenger?

Thermal has been under .10 for a while, now.
The great expectations remain great expectations yet.
TMG, following the acquisition of GEM and the $15M financing has only issued optimism without anything concrete yet.
With the Special Annual Meeting due in less than three weeks, perhaps we could expect something better?
The hiring of a new sales team seems mostly directed at the GEM factor.
I'm holding but I'm not that confident something will really happen soon. Hope I'm wrong. Your Due Diligence on that one for sure!
g.p.

Rumors only: the agreement announced 6 weeks ago could become an official contract, any day now, This would be only 'Phase 1' and open to further negociations.
When (or if) this happens, combined with the now available cash, the share price could finally take off.
Again, rumor only.
Do your DD.
g.p.

Gem sale finalalized!

Thermal Energy International (TSX-V:TMG) Completes Acquisition of U.K.-based Gardner Energy Management (GEM)
Wednesday July 2, 6:00 am ET


GEM seen to have multi-million dollar accretive revenue impact for FY 2009
OTTAWA, July 2 /CNW Telbec/ - Thermal Energy International Inc. (TSX-V:TMG - News; www.thermalenergy.com; the "Company" or "Thermal Energy") announced today it has completed the acquisition of Gardner Energy Management Ltd. ("GEM"), of Bristol, U.K. (the "Transaction").
ADVERTISEMENT


As per the terms of the Transaction, announced on April 7, 2008, Thermal Energy made a base payment of (pnds stlg)2.7 million ($5.38 million CAD) upon closing July 1, 2008. Funds for this transaction were raised in the Company's recently announced $15 million private placement involving a number of the most recognized renewable energy and sustainability focused funds in Toronto, New York and London.

An additional payment of up to (pnds stlg)1.3 million (approximately $2.6 million CAD) may be made on an earn-out basis in a combination of cash and shares over a three-year period subject to defined future growth targets of the GEM(R) business unit.

"We are delighted to have been able to finalize this acquisition in such an accelerated time frame in accordance with our plan," said Thermal Energy President and CEO Tim Angus. "Thermal Energy's recent success in securing the capital to finance the Transaction from institutional investors is further validation of Thermal Energy's business strategy and recognition of the excellent value GEM can deliver to the Company and its shareholders.

"I am pleased to welcome the GEM team to the Thermal Energy family. Together we are well-positioned to capitalize on current and future market opportunities and deliver even greater value to customers," said Mr. Angus.

The Company is pleased to confirm that Tim Gardner, founder and Managing Director of GEM will remain with the company to assist Thermal Energy's management team in overseeing a smooth and seamless integration into a single organization serving customers with an expanded solution offering.

"I am pleased and confident in the future growth prospects of the GEM(R) product line as a result of our joining the Thermal Energy team," said Mr. Gardner. "I look forward to working together to advance the widespread acceptance and adoption of GEM(R)".

The Transaction is seen by management to have a significant positive and immediate impact on Thermal Energy's revenues. On a trailing 12-month basis, GEM's revenues were in excess of $3.2 million. Historically GEM has experienced compounded annual growth of 25%. The Company anticipates continued strong growth prospects in the U.K. and plans to leverage the synergies of the acquisition to further increase overall GEM(R) product line revenues in FY 2009 and subsequent years. This includes anticipated growth from expanded sales activity in China, North America and other European markets.

In May 2008, GEM signed a preferred supplier agreement with a high-ranking Global 500 life sciences company, with operations in more than 110 countries. This global preferred supplier agreement is expected to result in substantial growth for the GEM(R) business unit over the next five years and provide excellent cross selling opportunities for TEI's other energy and emission reduction solutions.

The Transaction provides a number of significant operational, strategic and market synergies, detailed in the April 7, 2008 press release which may be found at: http://media.integratir.com/v.tmg/PressReleases/GEM%20final%2004072008.pdf.

Meetings have been scheduled at GEM's headquarters in Bristol, U.K. in mid-July to discuss sales growth and marketing strategies including the introduction of Thermal Energy's heat recovery and other energy and greenhouse gas reduction solutions to GEM's customer base which includes a number of Global 500 corporations.

OK. You're likely right. (eom)
g.p.

RS not even in question, if you ask me!

Sparta, you probably know that already.
PP (flow-through or paid up regular,) shares are not tradeable for four months plus a day, hence those 10 to 15 million dollars worth will not affect the volume much.
Here's the paragraph from the press release:
'The private placement was reserved with the TSX Venture Exchange on May 10, 2008, for $14-million and was amended due to subscriber interest on June 11, 2008, to $15-million. The financing consists of an issuance of 68,181,818 common shares of Thermal Energy stock at a price of 22 cents per share. The shares issued in the placement are subject to a hold period of four months and may not be sold or traded before Oct. 21, 2008, and Oct. 24, 2008, respectively.'

Now, with over 165 million shares, I feel there might be a reverse split before year end. A solid base at over one dollar a share would be respectable. Opinions?
g.p.

I'm pretty sure it's only a small portion of the shares that are restricted.

TMG got money for GEM acquisition and other contracts. The units were at .22 and raised $15M
''Subsequent to the closing of the private placement, Thermal Energy will have 167,957,922 shares outstanding...'' but those new shares will become tradeable only in mid-October.

Note also: (if you're American, do not read further, please.)

''OTTAWA, Jun 23, 2008 (Canada NewsWire via COMTEX News Network) --
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./

$5.4M for GEM acquisition, $9M-plus for project asset investments and

business growth; strong institutional investor support; secure financial

base

OTTAWA, June 23 /CNW Telbec/ - Thermal Energy International Inc. (TSX-V:TMG) (www.thermalenergy.com) (the "Company" or "Thermal Energy") is pleased to announce it has closed an oversubscribed brokered private placement of common shares with gross proceeds of $15,000,000.

"The placement is the largest in the Company's history and was subscribed to by a number of the most recognized renewable energy and sustainability focused funds in Toronto, New York and London," said Thermal Energy President and CEO Tim Angus. "This investment is a tremendously strong endorsement of Thermal Energy's business strategy, anticipated growth and build-out as a true, international leader delivering innovative energy and greenhouse gas reduction solutions."

"It also gives Thermal Energy a strong institutional investor base of around 40%, which we see bringing stability and greater value for all shareholders," said Mr. Angus.

The funds raised enable Thermal Energy to complete its acquisition of Gardner Energy Management Ltd. ("GEM") in the U.K. with the base payment of (pnds stlg)2.7 million (approximately $5.4 million CAD)....''

There is more than hope for this company. Let's see the next PR (probably about the GEM acquisition)

g.p.