ThermoEnergy Corp (EM) (TMEN)

$TMEN Tier_Change: Grey Market to Expert Market

OTCM Link
https://www.otcmarkets.com/stock/TMEN/disclosure

TMEN SEC Suspension for Financials / Filings delinquencies:

https://www.sec.gov/litigation/suspensions/2016/34-78506.pdf

Order:

https://www.sec.gov/litigation/suspensions/2016/34-78506-o.pdf

Admin Proceeding:

https://www.sec.gov/litigation/admin/2016/34-78507.pdf

LOL - Dead chart! $TMEN

tight chart

Warning here!!

TMEN--Thermoenergy

This company is out of business!!
The website is expired.
Letters have gone out to all creditors.

How can anyone say to buy this?
Do a little research and you will see.

This company does not exist any more.

My guess is some still own shares and are trying to stick them on someone else. Much like a "pump and dump"

Don't buy this unless you want to lose your money. IMO.

I guess I don't understand your point, or the point of your posts.

GidDy uP TMEN...

Why do you keep trying to prop up a stock in which the company no longer exists?

http://mass-ventures.com/portfolio-companies/

GidDy uP TMEN...

Who's taking profit from $TMEN and at what levels?

No, TMEN isn't hiring.

As a matter of fact, TMEN sent a letter recently to all of it's creditors stating that it has "assigned and conveyed all of its tangible and intangible assets" to Hollis Meddings Group for an orderly liquidation and distribution of net proceeds to TMEN's creditors.

Also, there is a properly perfected senior loan in the amount of $6,520,000 as of March 4, 2015.

So, no one is hiring at TMEN nor will anyone ever being hiring again at TMEN.

TMEN is hiring... GidDy uP...

TMEN .0015 hit
we have some buyers today.

What's your point Giddy?

TMEN will not be at the NORA meeting in June. William Dempsey was let go in May of 2014. This is all old stuff. Like I said before, if you are day trading on the ups and downs, it doesn't matter, but TMEN no longer exists as a going concern!

http://www.noranews.org/?ThermoEnergy

the end for TMEN ????

I'm not sure what you want me to see about Arthur Reynolds. He has been on the Board at Thermo for along time. I am also not sure why you are arguing about this. I don't really care if you believe they are out of business or not, I am simply stating the facts.

This company is out of business. If you are day trading on the stock and riding the daily ups and downs it really shouldn't matter, but they are never going to sell anything again.

There are no employees, no sales people, no engineers, no one to answer the phones, etc. These are simply the facts. You can post all of this old information that you want and Arthur Reynolds maybe trying to do something, but all of the people with any knowledge of how to build the technology, sell the technology and execute the projects have moved on and are not coming back.

They understand that the company had too much debt to ever survive.

They are hiring... and check out Arthur Reynolds... Did you happen to think that they can move operations...

Arthur Reynolds, Managing Director of Rexon Limited

Arthur Reynolds serves as Managing Director of Rexon Limited. Mr. Reynolds has more than 35 years’ experience raising capital in Europe for clients located in the USA. Mr. Reynolds founded Rexon in 1995 and has since played a sine qua non role in raising capital for more than 50 companies. Arthur serves on the Board of Directors of ThermoEnergy Corporation, where he was interim CFO in 2009-2010 and Chairman of the Audit Committee from 2010 to the present. He is a member of the Board of the International Festival Society and serves as Chairman of the Elgar Society’s North America Branch.

After a career with Mobil Corporation and W.R. Grace and Co., Arthur joined Morgan Guaranty Trust Company’s Corporate Finance Department as an officer specializing in the petroleum industry. Later, he and others founded the Interfunding unit of J.P. Morgan & Co. In 1978, he began a 27-year career in London raising capital for the US clients, first as an officer of Merrill Lynch International Bank Limited and, subsequently, as the founder of Ferghana Financial Services Ltd in 1982 at the behest of Sir James Goldsmith for whose operations Mr. Reynolds raised more than $300 million.

Mr. Reynolds earned an A.B. from Columbia College, Columbia University; an M.A. from Cambridge University; and an M.B.A. in Finance from New York University’s Stern School of Business.

http://www.limatt.com/management-team.html
http://www.rexonltd.com/Management_Team.html
http://www.businessangelfinance.co.uk/the-bafi-team-2/

thermoenergy.com expired on 03/15/2015 and is pending renewal or deletion.
Taking from TMEN web site,they are closed.

Go to their office in Worcester and see for yourself. The CEO quit last year, in April I believe, and was never replaced and the COO/interim CFO quit in December.

The lights are off, the phones are down, they have no website, they have no employees and they haven't sold anything since December of 2013.

They don't have to announce they are out of business, they just are!

PHHT nice try... Show me where they said they closed up shop... GidDy uP TMEN...

They are still out of business!

Innovative technology for the removal of ammonia (NH3) from water and digestate with a stripper-washer or Flash Vacuum stripping (ThermoEnergy Ammonia recovery, NewYork Ward Project). For this the exclusive licenses have been obtained from ThermoEnergy.

http://www.profinutrients.nl/en/products

Product recovery system Services in Puerto Rico
Agricultural Wastewater Treatment

From:Wastewater Recovery

by ThermoEnergy Corporation based in Worcester, MASSACHUSETTS (USA)

Turn Anaerobic Digester Wastewater Streams into Revenue Streams. ThermoEnergy’s Thermo ARP™ high-efficiency ammonia removal and recovery system is an unbeatable option for operators of anaerobic digesters at dairy and cattle farms who want to both comply with nitrogen regulations and recover ammonia as a valuable product. Thermo ARP ...

http://www.environmental-expert.com/services/location-puerto-rico/?keyword=product+recovery+system

March 20, 2015 Wastewater You Can Drink

"Companies will have more than one technology to choose from. Massachusetts-based ThermoEnergy’s flash-vacuum distillation process, for example, uses temperature and reduced pressure to separate chemicals, metals and nutrients from waste water."

http://gereports.com.my/post/114119031144/wastewater-you-can-drink

Arthur Reynolds, Managing Director of Rexon Limited

Arthur Reynolds serves as Managing Director of Rexon Limited. Mr. Reynolds has more than 35 years’ experience raising capital in Europe for clients located in the USA. Mr. Reynolds founded Rexon in 1995 and has since played a sine qua non role in raising capital for more than 50 companies. Arthur serves on the Board of Directors of ThermoEnergy Corporation, where he was interim CFO in 2009-2010 and Chairman of the Audit Committee from 2010 to the present. He is a member of the Board of the International Festival Society and serves as Chairman of the Elgar Society’s North America Branch.

After a career with Mobil Corporation and W.R. Grace and Co., Arthur joined Morgan Guaranty Trust Company’s Corporate Finance Department as an officer specializing in the petroleum industry. Later, he and others founded the Interfunding unit of J.P. Morgan & Co. In 1978, he began a 27-year career in London raising capital for the US clients, first as an officer of Merrill Lynch International Bank Limited and, subsequently, as the founder of Ferghana Financial Services Ltd in 1982 at the behest of Sir James Goldsmith for whose operations Mr. Reynolds raised more than $300 million.

Mr. Reynolds earned an A.B. from Columbia College, Columbia University; an M.A. from Cambridge University; and an M.B.A. in Finance from New York University’s Stern School of Business.

http://www.limatt.com/management-team.html
http://www.rexonltd.com/Management_Team.html
http://www.businessangelfinance.co.uk/the-bafi-team-2/

It doesn't mean they didn't either.
"cease operations"

This is like a big jigsaw puzzle.
You look at one piece and it is hard to see the picture.
But then you put the pieces together.

They borrowed huge sums at high interest
They went in default of that debt and loans
They stopped filing any SEC reports
They stopped any PRs
They reduced their workforce
The headquarters has a for lease or for rent sign
The phone does not ring
The Website is down
Key personnel have left, ones who would be the last

It seems that there are enough pieces falling together to figure this out.

I guess it can be debated here for months because we may never know much for absolute. They just seemed to have "cease operations" with not enough assets to warrant filing bankruptcy.

Do you care to answer Rodeofan's question about providing some evidence that they are still in business? You can visit their headquarters at 10 New Bond Street in Worcester, MA and see that nobody is there, the doors are locked and the lights are out, so how are they still in business?

Yeap they cut his job last year (2014), thats why he is looking for work... It doesnt mean they ceased operations LOL... Giddy uP TMEN...

Message boards can say anything too.

The Linkdyn page has the backing of...
1) website a blank white page
2) The phone number does not work
3) The e-mail is not answered

That all seems to back up the fact that The man is looking for work because Thermoenergy has ceased operations.

They cut personnel months ago to save money, but the money ran out.

Can anyone name one concrete thing that shows Thermoenergy is in business in any way?

LOL LinkedIn pages can state anything... GidDy uP TMEN...

Robert Seymour LinkedIn page states ThermoEnergy Corporation no longer exsist.

They are in business, they are cutting back whatever they can to save cash "to save money it slashed its staff “to essential operating employees”... PLUS former CEO Andrew T. Melton stole money from ThermoEnergy, "then doctored the company’s financial statements to make it appear that the payments were legitimate business expenses."

The TMEN website is not up. They are no longer in business and neither is Unity Power Alliance. ITEA is still in business and their technology may be viable, I really don't know but I wonder why you guys are trying to prop up a stock where the company is out of business?

The NORA sponsorship was paid for last January (2014) but Thermoenergy did not exhibit or attend the actual show.

Thermoenergy no longer exists!

Those things shown are what TMEN was trying to do. They were unsuccessful. Those are old ads...call and see.

This is the current situation as best can be worked out...
TMEN ran out of money. The stock price is so low they could no longer offer shares and warrants to investors to fund the operation as they did in the past.
Then they had two investors loan them money. They defaulted on the loans and owe over $9 million dollars and it is growing at a rate of 18% a year.
After that money ran out they could no longer even pay salaries or keep up the website. They laid everyone off.
The COO/CFO Landegger left the company. The HR/IT man posted that TMEN ceased operation on his Linkdyn page.
If you call their phone number it doesn't ring.
If you e-mail them, there is no response.
Their website is a blank page.

http://crushersale.highqualitymining.com/mill/coal-fired-power-plant-financial-model-xls.html

From November last year...





http://c.ymcdn.com/sites/www.noranews.org/resource/resmgr/Newsletter_Files/2014_LRi1_Web_Version.pdf

wow TMEN website is up!!!

What has been updated?...
on the ITEA site?
The latest news is dated in 2012 and the results of the tests that failed last year are not mentioned. That would be proof of an update.

The phone number is TMEN's and there is a dead dial tone when you call it.

My e-mail requests have gone unanswered, both to there and to TMEN.

I believe the site administrator maintains the site and shows the current date for copy righting...that does not mean any information on it is updated.

What do you see on it as updated? You stated that as an argument that they are doing something.

Yeap, TMEN will GidDy uP...

you noticed 2 bashers birthday? lol

As for the DOE tests at Georgia Tech, the only tests that were even started were for ITEA's technology and those were never completed because the test equipment that Thermoenergy built, kept breaking down. The Thermoenergy technology was never tested.

No, the Unity power Alliance is what I am referring to... Alive and in business with recently updated website... http://www.unitypoweralliance.com/

Nice try? You are looking at a different company. Thermoenergy Corporation from 10 New Bond Street in Worcester, MA that used to build vacuum distillation equipment and owned a patent for a high pressure oxycombustion technology is no longer in business.

Their website was updated this year (within past month)... Nice try... GidDy uP TMEN...

Do you guys realize the company is shut down? They are no longer in business! Unity Power Alliance no longer exists and Rodeofan was correct, the tests failed!

Say that 10 times fast LOL... Project ended in June not May... GidDy uP TMEN...

"with successgful completion...

In reference to post #1005 about successful completion of the testing and the possible $10-$20 million dollars to further the project for OXYIfuel project...
Unfortunately they stated in the 10Q report in May 2014 that the test failed and there will be no continuation.
____________________________________________________________
Itea commissioned the equipment in the first quarter of 2014 and commenced testing. The equipment was unable to complete all scheduled tests satisfactorily and was shut down after two brief tests on one type of coal. Neither of the tests were conducted using our technology. We expect the final test results from Georgia Tech in the second quarter of 2014. Once received, Itea will review the test results and, pending their analysis and response, a determination will be made on the future of UPA.
_____________________________________________________________
Also, The Thermonenegy website has shut down and they seem to have ceased operation.
How can anything else happen?
There are no workers, management, etc.

Sorry to give the bad news, but they did not even update their website about the failure of the testing, so few even seem to know that it failed.

Great info GidDy uP