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Message: Re: sandbagging

Jan 18, 2010 06:29PM

Jan 24, 2010 01:48PM

Jan 29, 2010 05:08PM

Right you are!

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.

go

(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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