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Kontrol Technologies Corp N.KNR

Alternate Symbol(s):  KNRLF

Kontrol Technologies Corp. is a provider of energy management, continuous air quality and emission solutions to commercial and industrial consumers. It delivers building intelligence through the Internet of things (IoT), software and cloud technology as well as project integration. Its smart technology is deployed to customers through a cloud-based interface accessible on desktops and mobile devices. It collects real-time and historical data using IoT sensors and direct connection to industrial control systems, bringing various sources of asset performance data into the cloud where smart-learning software is applied to optimize performance. The Company, through CEM Specialties Inc., offers turn-key emission monitoring equipment, integration design, manufacturing, service, repairs, and on-site performance certification testing. It offers building heating, ventilation, and air conditioning integration, automation and retrofits to enhance the energy efficiency of buildings and facilities.


NEO:KNR - Post by User

Bullboard Posts
Comment by Qrewpton Sep 26, 2020 4:35pm
182 Views
Post# 31625705

RE:RE:RE:Independent Testing

RE:RE:RE:Independent TestingKnr always said that defining the low detection limit is part of commercialization. That's understandable because if you are a buyer, you need this information to determine how many units you need, and which rooms they would be able to be used in, and the level of occupancy required in each room. Without this information, you wouldn't buy. As for hints, Paul's earlier interviews he described that it would be ideal for rooms occupied by 15 or more people, in the last interview, he suggested it could work for a room the size of a classroom occupied by 3 or more people. The rooms air would pass through the device about 3 times an hour. He also mentioned in an earlier interview that when low levels of the virus are present, it would still work, it would just take longer for sufficient levels for detection to accumulate. As for revenue expectations...in earlier interviews the CEO made reference to $50m of revenue would make the company attractive for takeover. In his last interview I noticed he moved the goal posts, stating $100m. As a baseline, to me that sounds like they're pretty confident they'll be announcing over $50m of revenues shortly.
BeCool2 wrote: Guys I'm not sure but 'lower detection limit' testing sounds like a CSA thing. That is, required to be quantified/measured (for a device like this one) and confirmed in order to "qualify" for CSA certification -- to confirm its 'specifications' in performance. It's reasonable in order to market a product which intends to make claims about "efficacy" or performance. Obviously , in the previous lab tests they likely tested 'average' or representative amount of virus in the air (e.g. that a single mild virus shedding person might contribute in a closed room). Lower detection (limit) is therefore probably part of the calibration of the device and may end up being well below what is even practical in real world settings. All that to say this is a necessary measurement exercise and not part of any "approvals" meeting process (TG--unlike HC/FDA approval reliant products!). It detects the live virus and given enough airflow through the unit over time (ie. Like WOULD happen in a classroom, airplane, bus etc over not a very long period of time) it will detect it and alert. So it's not a 'routine' certification process but it's also not about exceeding any specific detection performance limits--just confirming what they are -- IMO. This covid-response product is in a smart segment (vs. e.g. drugs) to be relevant for immediate use/sales and not be at the mercy of very onerous regulatory hurdles. PG and team have done good. Next few weeks will be awesome.


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