Welcome To Thermal Energy International Inc HUB On AGORACOM

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Message: sandbagging

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Not only the volume, but reaching .09 for a while, may indicate people close to the Company could be expecting something...

GEM not updated? Unfortunate but many seem to neglect their website. That acquisition is TMG's bread and butter.

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(PS:"...

Thermal Energy International Inc. has released its financial results for the fiscal quarter ending on Nov. 30, 2009.

Total sales for the second quarter ended Nov. 30, 2009, were $1,564,527, an increase of 37 per cent compared with $1,140,563 from the same period in 2008. For the six months ended Nov. 30, 2009, sales were $2,869,463, up 30 per cent compared with $2,198,881 from the same period in 2008.

Gross profit for the second quarter ended Nov. 30, 2009, was $854,989 (55 per cent) compared with $822,863 (72 per cent) from the same period in 2008. The drop in gross margin on a comparative basis from the same period in 2008 was due to a lesser proportion of revenue coming from GEM sales which tend to have a higher gross margin than waste energy recovery products. For the six months ended Nov. 30, 2009, gross profit was $1,869,966 (65 per cent), up 38 per cent compared with $1,350,966 (61 per cent) from the same period in 2008. ...")

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