ThermoEnergy Corporation (PINK:TMEN) hit an impressive gain last Thursday and on Friday the climb continued. The stock 
closed the week by soaring another 5.26%, on a rather high trading volume.
Following the records, the reason for the sudden gain could be only one – the latest news by ThermoEnergy. On Dec 15, the company reported that it has completed the installation of a new Reverse Osmosis drinking water system, which would serve military and civilian personnel as a permanent water source.
The positive announcement immediately inspired invsestors and TMEN stock price jumped up, though no one can predict how far the up move may go. In any case, ThermoEnergy decided to ensure the gain by promotions.
On the day when the positive news was released, TMEN got promoted by a few websites to provoke even more attention. The total compensation for the campaign was $60.000 and apparently, the PR attempt was successful as the stock price got higher the following day. Now it is interesting to see what will happen today.[BANNER]
ThermoEnergy Corp. is an infrastructure technologies company engaged in the development and sale of advanced wastewater treatment and clean energy technologies. Last week, the company announced it has received an aggregate of $1,250,000 in interim financing from Robert S. Trump and investment funds managed by Empire Capital Management, LLC. The bridge loans will be converted into a new series of ThermoEnergy’s preferred stock, though the terms are yet to be negotiated.
Regarding the financing, the company does need it. The latest 10-Q report of TMEN is full of losses and accumulated deficit and the company will require additional capital to continue operations. Until ThermoEnergy ensures the funds, it will keep functioning under a going concern.
