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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 canyousayiiion May 12, 2021 9:13am
125 Views
Post# 33181466

RE:and what about

RE:and what aboutThose are the least of my disappointments. In terms of the government money, the presentation shows they received $2.5 million for BioCloud. I was trying to piece together the couple of times they got money from NRC and Ontario. I think one of the NRC amounts (but I think there was another smaller one earlier) + $2 million from Ontario adds up to $2.5 million but I can find no combination of all the money coming up to $2.5 million. Maybe the first little one from NRC is in the rounding. But the $2.5 million they are showing would suggest that they got the $800K from Ontario or they are counting it as a done deal. But at this point, who cares about the $800K. If they said they met the eligibility that means that they can ramp up to 20,000 monthly units. If they need to produce even 1,000 per month, the $800K is nothing but a bonus, let alone thousands. To me, it is really meaningless at this point, albeit with the projections, you don't turn down any grant money to pad the bank account a bit.
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