Bullboard - Stock Discussion Forum Kontrol Technologies Corp N.KNR

Alternate Symbol(s): KNRLF

Utilities Software - Application Utilities - Independent Power Producers

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... see more

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Kontrol Technologies Corp > Need Orders Released Soon

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Post by GreenBull on Nov 12, 2020 8:58am

Need Orders Released Soon

We have enough money in the bank to make about 850 units, need government funding and sales soon. CE approval should be anyday. Moderna is also releasing their Covid vaccine results at the end of the month according to CNN. GO KONTROL GO, bring back some buying interest, show us the orders :).

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Comment by canyousayiii on Nov 12, 2020 9:12am

I suspect there will be some customer deposits that could fund initial production, plus I don't think banks would be passing up on some good business with a company that has purchase orders in hand. No issues from that perspective. Whatever happens with this Covid application, I think the world is now much more aware how bad of an impact a pandemic will have and therefore elevates the profile ...more

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Comment by MPetersen on Nov 12, 2020 9:37am

Did Kontrol release their manufacturing cost per unit? I've only seen what they're going to charge.

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Comment by Tandem09 on Nov 12, 2020 9:43am

Aprox 1/3 ratio he claims on tech sales. 4k us of the 12k us sale.

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Comment by GreenBull on Nov 12, 2020 9:44am

He hinted $3000-4000 per unit to make when he did the school webinar.

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Comment by LivingTheDream1 on Nov 12, 2020 9:46am

Very healthy margins....

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Comment by wilander on Nov 12, 2020 9:46am

If he is smart, charge $8-10K to start and when the volume hits hard and the backlog begins, start charging $12K

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Comment by GreenBull on Nov 12, 2020 9:51am

Bulk orders will get a discount, I dont know how much but expect it for the first year. They also have plans to set up manufacturing in either Europe or Asia (I forget where exactly), so eventually I expect much more production than 20k units. This could be a really big thing happening. Best wishes to all

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Comment by MPetersen on Nov 12, 2020 9:56am

Thank you everyone for the help. I would think Paul would give a volume discount sales deal to any province willing to put in a large order. That's just speculation though. A little bit of benevolence could go a very long way towards exposure and further sales.

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