RE:Excellent Q&A with Kontrol CEO!I believe the interviewer covered KNR a few times in the past and gave them a glowing thumbs up. Those that heeded his advice would have lost the majority of their investment like the rest of us so hats off to him to promoting a company that he got sooooo wrong.
As for PG, he was always a good speaker with a quiet but confident tone. The promise of new initiatives is yet to be seen ("fool-me-once" or a few times adage) noting that he directly and indirectly threw some big numbers out there.
Interested to hear if anyone know of at least a couple of microcaps that had continued implementing losing contracts? I've seen lower gross margins but not negative ones that he seems to suggest is a very common business practice.
His spiehl about respecting shareholders I found as tasteless as much as laughable. Even more so because he really did not need to go there and if he did, there should have been some kind of an apology instead of appearing holding steadfast as if he always kept us informed to make the right decision. i am sure the pumped stock left some very happy former shareholders, but I am a "long-term" type of shareholder he was speaking to.
I also had to chuckle about the BioCloud bit at the end and letting market put value on intellectual property in a tone as if the market is unlikely to get it right. Couldn't sell any because there was a competing solution that made it unnecessary and did not see through Health Canada testing on its effectiveness. Sounds to me like the market and the potential customers put a value on it already and he certainly did not try to put forth a case why they are wrong.
Don't get me wrong. Gettting out again and promoting the company may help us recoup some losses. But I am far from a point of putting my money again where HIS mouth is.
Others can chime in with all the positive details...my predisposition to think about the others first is because I had done the opposite in the past and I believe I should not replicate a losing formula. I do however think the worst is behind for KNR in the medium term for what its worth.
GLTUA.