I love the part TMEN does with municipal sewage systems and turns chit into energy. I think you have told me that they may get a deal with the city of New York in that area of their business. From their home page;
--------------------------------------------------- "ThermoEnergy Corporation is an integrated technologies company seeking to develop and commercialize patented water treatment and clean energy technologies. The Company has spent 17 years and more than $20 million developing cost-effective solutions for some of the world's most challenging environmental issues of our time. These technologies provide elegant solutions for removing nitrogen from wastewater streams, converting sewage sludge to a renewable high-energy fuel, and enabling the conversion of coal and other hydrocarbon fuels into energy with zero air emissions.
Our wastewater treatment technologies will result in significant cost savings for municipalities, agricultural producers and industry in demanding applications. Our clean combustion technology will enable a wide cross-section of industrial and other consumers who currently rely on oil or natural gas to switch to cheaper energy sources such as coal or opportunity fuels while meeting all air emission standards and providing for full CO2 capture." -------------------------------------------------------
I love the volume on TMEN's chart last Spring on the way up, and the low volume on the way down, especially the last 2 months. I feel at worst TMEN goes to the 07 high. Any big plant deal and it will rocket. Much less downside risk than upside IMO. I am an owner of the stock.
Quercus Trust is an alternative energy specialist and it is a great vote of confidence to have them buy in on TMEN.
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