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Thermal halted since the 22nd.

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geopic   Friday, 07/24/09 06:41:30 PM
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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.





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