...being on surveilance. After a first day range of about four cents, Thermal has settled to its pre-halt level of .06 to .07.

New board, trying to clean up, as you can judge by the latest news extract:

"...It should be noted that notwithstanding that the Company's shares will resume trading, the Exchange's review of the Company's affairs remains ongoing and the Company continues to work with the Exchange.

The Exchange has identified a number of deficiencies in the Company's compliance with Exchange policies, some of the deficiencies identified are similar to or the same as deficiencies noted by the Exchange under a prior review of the Company's affairs conducted in 2004 and 2005. The deficiencies include, but are not limited to the following:

    <<
    -  the issuance of private placement shares without Exchange acceptance;
    -  the issuance of shares for debt without Exchange acceptance;
    -  the exercise of stock options without receipt of proper consideration;
    -  the issuance of a significant number of shares without the appropriate
       hold periods;
    -  the failure to provide the Exchange notice of certain transactions as
       required by Exchange Policy;
    -  the issuance of non-compliant disclosure; and
    -  inadequate internal controls and procedures for the review and
       approval of related party transactions.

    While the Exchange has permitted the shares of the Company to be resumed
to trading the Company is subject to certain conditions imposed by the
Exchange. These conditions include, but are not limited to the following:
    -  No shares are to be issued by the Company from treasury without the
       prior written acceptance of the Exchange;
    -  No loans are to be issued by the Company without the prior written
       acceptance of the Exchange; and
    -  No related party transactions are to be entered into without the prior
       written acceptance of the Exchange.
    >>

In conjunction with the previously announced changes to the Company's

Directors and Officers, the Company has also implemented

changes both internally and externally to ensure that appropriate policies and

procedures governing key functions are in place and will be followed going forward

and that personnel acceptable to the Exchange are responsible for functions related

to the deficiencies identified by the Exchange. It is in light of these changes and the

Exchange's conditions noted above, the Exchange has agreed to lift the halt in trading.

IMO, at .07 or less, might be worth a small investment. Any opinion?

go (PS: see note 14 of the Annual Report)