Thermal Energy International (TMG) - Update

Discussion in 'Penny Stocks' started by Seth2016, Sep 29, 2016.

  1. Seth2016

    Seth2016 New Member

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    On September 22nd, I recommended that investors consider TMG. I provided a list of reasons why. Here is the latest NR - A contract worth 1.7 Million dollars. It really is the perfect storm folks. Get in now while the shares are cheap because by this time next week they will have easily doubled. Cheers.

    Ottawa, Ontario / TheNewswire /September 28,2016-<WSODTagging BridgeSymbol="CA;TMG" WSODIssue="269926">Thermal Energy International Inc</WSODTagging>.("Thermal Energy" or the "Company") (TSXV:TMG), a global provider of proprietary energy efficiency solutions to the industrial, commercial and institutional sectors, has received a $1.7 million order from a leading producer of industrial and fuel alcohols for the supply and installation of one of Thermal Energy's proprietary FLU-ACE(R)heat recovery systems at one of the customer's ethanol plants. The project is expected to be completed and revenue earned over the nextsix months.

    "Our FLU-ACE heat recovery system will be used to heat a new greenhouse being built adjacent to one of the customer's ethanol plants," said William Crossland, CEO of Thermal Energy. "The amount of energy this FLU-ACE system is estimated to recover and deliver to the greenhouse would be enough to power approximately 1,300 average North American homes. Furthermore, using the waste heat from the ethanol plant, that otherwise would have been lost, to heat the greenhouse is an innovative win-win that provides the greenhouse with an economic and carbon neutral source of energy while providing the ethanol producer with an additional source of revenue."
     

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