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Kontrol Technologies Corp N.KNR

Alternate Symbol(s):  KNRLF

Kontrol Technologies Corp. is a Canadian company, which is engaged in smart buildings and cities through Internet of things (IoT), cloud and software as a service (SaaS) technology. The Company provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings. It aggregates data generated by IoT devices in cloud-based management and analytics services. This allows remote devices to be monitored and controlled by facilities managers via smartphones and tablets. The Company has collected and analyzed approximately 15 billion data records across various buildings. It is developing a suite of IOT devices, including the Smart EMS and various related sensors to connect buildings and make them intelligent. It provides in-suite building automation solutions and can be integrated into existing building automation systems.


NEO:KNR - Post by User

Comment by Mostlyseriouson Aug 04, 2022 12:05pm
90 Views
Post# 34871291

RE:RE:RE:KNR must be back from vacation

RE:RE:RE:KNR must be back from vacation I think you are wrong, and in a good way. They had a multi-year order book of $160M+ at some point.  The way all these things were worded leads me to believe that this $10M was not part of it, but adds to it.

We will probably get an update of what the latest amount is in the next quarterly report since the new contracts move into the order book, while those that are implemented or parts delivered move out into reported revenues. In any case, all good, and no need to scramble for cash as we had ample opportunities to realize that sometimes not having spare cash at a time, saves it!

Trusted91 wrote: This is just the very early stages of converting their $150MM + sales pipeline mentioned in a much earlier NR.   KNR technology and carbon credit program is perfectly positioned to capitalize on the green building movement. Wish I had more available cash to add to my current position GLTA


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