Kontrol Technologies Corp N.KNR

Next Series of Announcements

[Arbourmark]

I am curious as to what others feel the next series of announcements will be in order.

I believe they will be in the following order:

1.  Closing of additional $800K from Ontario Government 

2. uplisting to TSX big board

3. Large contract order

[Stevator]

Well if #1 is true, #2 and #3 become possible...but production without sales makes things worse not better. Imagine 40,000 BioCloud units sitting in a warehouse waiting for someone to buy them. And if they don't meet the mandated production quota, she's gone b'y, she's gone. $800k to build what? 80 more units? Realistically, if the units cost say $5,000 each to manufacture, the

[canyousayiii]

Stevator, no disrespect but we had discussed a number of times that the funding is not to produce another 10k units to take them from 10k to 20k. And you showed it by doing your own math so I don't know why you are discussing scenarios that are improbable if not impossible.

[Stevator]

Canyousayiii, I never suggested that the $ was to increase production by 10k units! All I am saying is that compared with the production requirements stipulated on Feb 5th, the government money is almost insignificant. The money was given to OES to help increase production of the BioCloud units but in light of the now 40,000 units that should have been made, the government's grant would cover

[pointer]

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[pointer]

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[yearninyank]

4. Santa

[QuantumTime]

Sounds perfect.  Especially if the big order was from the Ont Gov't eg. for the schools. iI's too bad that the second thing non-ad thing that still comes up when you google in Biocloud is the McGill dweeb's article, which will be a source of tax payer/opposition backlash if the Gov't moves forward with an order. I hope KNR publish data soon to refute the articles claims.  

[Arbourmark]

I don't think the MCGill article is of any concern. Paul immediately addressed it. Kontrol has a group consisting of several scientists with PHD supporting the science behind BioCloud plus they also have the support of the Canadian Research Council. Kontrols lawyers are addressing the articles. I am not sure any government agency or large corporation looking to purchase BioCloud would place