Kontrol Technologies Corp N.KNR

Alternate Symbol(s): KNRLF

Utilities Software - Application Utilities - Independent Power Producers

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.

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Kontrol Technologies Corp > Follow the NRs & See Where it Leads

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Comment by topseekeron Dec 31, 2020 9:23pm

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Post# 32206412

RE:RE:RE:RE:Follow the NRs & See Where it Leads

Mazz45 wrote:
So John let's just be happy. Maybe I've had too much wine ;).

comments are not meant to be misleading. From the press release "distributors will be required to maintain a minimum of 250-unit sales per annum to retain non-exclusivity and distributor pricing"

"The Company's internal goal is to have 30 regional distributors established by the end of Q1 2021."

Companies would not sign this distribution agreement with that term of 250 per annum to retain their distributor pricing. They would negotiate it out of the agreement if they didn't think they can hit that number or go elsewhere. That's all I'm saying.

They are at 5 now plus one non-exclusive. As they sign up more over the next 90 days, then for me, this 12,500 becomes realized for me and my confidence level goes up of getting to that annual number. Sure some may not get to 250 and only get to 200 and may lose their rights or renegotiate their term the folllowing year but some will get to 500. If we just assume they all get to the 250 threshold, we are golden.

so as the distributors get signed up over the next 90 days and we get closer and closer to 30, this looks ever so rosy from an investment standpoint.

anyhow signing out for the night!