Kontrol Technologies Corp N.KNR

RE:Corporate Update: December another record month

[canyousayiii]

I can't reconcile these news with something meaningful. Certainly not time sensitivity to put out this NR now so to do it when nobody really pays attention is kinda like the shelf-prospectus on Christmas eve. I think their promoters are trying to earn their keep so they are just cranking out NRs. Record quotations means diddly squat without adequate context. They put out the revenue forecast for 2022 so when I see these record quotations, my question is "so what"? Was this level of quotations incorporated into that 2022 forecast, or is this suggestive already that the forecast already may be subject to upgrading because they are expecting $X million of additional business as a result of these record quotations? I just don't get how they do IR and PR activities, I just see examples of how much room for improvement there is on this front.

wilander wrote: Kontrol Technologies Provides Corporate Update
 
Achieves Monthly Record Issued Request for Quotations in December 2021
 
Provides Key Strategic Initiatives for 2022

Toronto, ON, December 28,  2021 - Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart buildings and cities through IoT, Cloud and SaaS technology, today provided a corporate update on its operations and strategic initiatives.
 
Request for Quotations
 
In December 2021, the Company issued a monthly record of approximately $23 million in new request for quotations, driven by continued growth across its operating platform. Kontrol is currently quoting more than $35 million in new potential revenue opportunities. 
 
“We continue to expand opportunities within our existing customer base while working diligently to scale into additional markets with new customers,” said Paul Ghezzi, CEO of Kontrol Technologies. “Achieving a record month of quotations positions Kontrol for a continuation of substantial growth into 2022. Our core focus on sustainability, energy conservation, and greenhouse gas emission reduction are key drivers of our operating platform’s expansion.”
 
Kontrol provides request for quotations on an ongoing basis across its customer base. A request for quotation does not always result in a revenue generating project or opportunity. Historically, the Company has been able to convert more than 2/3^rd of its request for quotations into revenue generating opportunities.
 
Key Strategic Initiatives for 2022
 
Following a year of record growth in 2021, Kontrol is focused on a number of key strategic initiatives for 2022 including but not limited to:
 

1. Uplisting to a major US stock exchange
2. Acceleration of Kontrol BioCloud through key distribution partners
3. Continued expansion of the Company’s energy management technology platform across North American markets
4. Leadership in ESG initiatives and reporting
5. Continued strong organic growth within its existing markets through its cross-selling platform