Kontrol Technologies Corp N.KNR

BBC skeptic

[Iveybiz79]

But Prof Alan McNally from Birmingham University was not convinced."I think this is just another test being marketed with absolutely no robust, independent validation and testing, and I would say I am extremely sceptical on its use."He said that it would need "an incredible amount of independent testing".He also said it was unclear what the procedure for schools and businesses would be if the alarm sounded: "How exactly one would act if Covid in the air was detected is rather beyond me.

[canyousayiii]

Was he involved in lab testing? Did he get an elaborate demo and Q and A from the company? Does he understand this is not a fire alarm type of a gadget? Can he not imagine some protocols when a responsible individual gets a silent notification on his device of virus detection? Why was he on BBC?

[Iveybiz79]

What is there profit per machine?

[Iveybiz79]

How much cash on hand? Balance sheet is not looking very robust.

[canyousayiii]

Iveybiz, maybe you should listen what the company has to say. The day before I invested I looked at their financials and did some DD to assure myself that Kontrol has done very well with its core business for the age of the company. Then what I heard about their approach to funding the commercialization sounded very reasonable. Governments are spending trillions of dollars fighting Covid. Trust me

[Headoutofass1]

we have about 2.2 million on hand and feel they will not need to do a share offering to get to commercialization

[canyousayiii]

Imagine Kontrol testing for another 3 years and coming up with the same conclusion. That would give you one example of one difference between an academic and a businessman.

[Iveybiz79]

So for the business man, how much money do they earn per machine ?

[canyousayiii]

I will tell you if they make sales and then try to see if I can figure it out based on margins. Does any company that you invest into tell you what their profit margin is?

[Freddy6980]

If you left things up to scirntost you would never get to market trust me I employ a few and it's all about the data i'm not pfizer over here and we aren't selling drugs!!!

[Freddy6980]

Scientist 

[MoneyTalks22]

ha ha - looks like a lot is beyond pompous McNally...he should do DD like most folks have on this board...he has no idea of KNR's long history with measuring air quality - imo