MAJOR MILESTON: Distribution now in place, orders nextI have been waiting to hear distribution agreements and the plans to be officially in place. No way there were going to be sales before that, so....phew. Now it is done.
Expect sales orders to be announced shortly. Confident now we will start hearing of them in November as promised.
Looking forward to the webinar by Kontrol after the bell today, starting at 4pm. KNR finally looks like it is set to go.
Safe Space Technology™
TORONTO, ON / ACCESSWIRE / November 18, 2020 / Kontrol Energy Corp. (CSE:KNR)(OTCQB:KNRLF)(FSE:1K8) ("Kontrol" or "Company") is pleased to provide an update on its BioCloud technology development.
"Our team continues to execute on the vision to create and bring to market a safe space technology," says Paul Ghezzi, CEO of Kontrol.
Distribution Agreements
The Company intends to sell BioCloud directly to various potential customers. At the same time the Company is pursuing both exclusive and non-exclusive distribution channels for BioCloud sales. Kontrol is pleased to announce it has entered into two non-exclusive BioCloud distribution agreements. The distribution agreements cover Ontario and Saskatchewan.
The Company has also entered into discussions with various parties for potential industry exclusive distribution agreements which would require minimum unit quantity orders.