$1750 per quarter in income, Nov SEDAR for Sept 30 status . About Sensor Technologies Corp. (formerly Mooncor Oil and Gas Corp.): Sensor Technologies Corp. (formerly – Mooncor Oil & Gas Corp.) (the “Company” or “STC”) is continued under the Business Corporations Act (Ontario). The Company’s principal assets are oil and natural gas interests. The Company is also in the process of exploring other opportunities. The Company is domiciled in the province of Ontario and its head office is located at 2455 Cawthra Road, Unit 75, Mississauga, Ontario, Canada. Media Central Corporation Inc. (“Media”) (formerly IntellaEquity Inc. (“Intella”)) owned 49% of the shares of STC and sold these shares to 2725004 Ontario Inc. (“2725004 Ont”) on November 8, 2019. The CEO of the Company is the President of 2725004 Ont. but does not exercise control over 2725004 Ont. The Company trades on the Canadian Securities Exchange (“CSE”) under the symbol “SENS”. The unaudited interim consolidated statements were approved for issue by the board of directors on August 25, 2020. On December 1, 2019, the Company entered into share purchase agreement (the "Agreement") with an arm's length party with respect to the sale of 49% of the issued and outstanding securities in the capital of Sensor Technologies Inc, (“STI”), a wholly owned subsidiary of Sensor for $158,080 with a right of first refusal to purchase another 26% of the issued and outstanding securities for $10, subject to shareholder approval, within 5 years of the closing date. These unaudited interim consolidated statements include the accounts of the Company and its subsidiaries, Mooncor Energy Inc. ("Mooncor Energy"), an Alberta Corporation, Primary Petroleum Company U.S. Inc (“PPCUSA”), a Montana, USA Corporation, Primary Petroleum Company LLC (“PPCLLC”), a Montana, USA Corporation and AP Petroleum Company (“APLLC”), a Montana, USA Corporation, (collectively referred to as the “Company” or “Mooncor”). Subsidiaries consist of entities over which the Company is exposed to, or has rights to, variable returns as well as the ability to affect those returns through the power to direct the relevant activities of the entity. Subsidiaries are fully consolidated from the date control is transferred to the Company and are de-consolidated from the date control ceases. The consolidated financial statements include all the assets, liabilities, revenues, expenses and cash flows of the Company and its subsidiaries after eliminating inter-entity balances and transactions. STI is no longer consolidated as it is considered as a subsidiary held for sale (see notes 2 to the unaudited interim consolidated statements for nine months ended September 30, 2020 and 2019). Sensor Technologies Corp. (Formerly Mooncor Oil & Gas Corp.) Management’s Discussion and Analysis September 30, 2020 4 Summary of activities On December 1, 2019, the Company entered into share purchase agreement with an arm's length party with respect to the sale of 49% of the issued and outstanding securities in the capital of STI., a wholly owned subsidiary of Sensor for $158,080 with a right of first refusal to purchase another 26% of the issued and outstanding securities for $10, subject to shareholder approval, within 5 years of the closing date. As required under IFRS 5 the Company revalued its remaining interest in STI to its fair market value of $66,244 on September 30, 2020 (December 31, 2019 - $52,700) and is shown in the Consolidated Statements of financial position as investment in subsidiary held for sale. The Company has entered into a non-binding letter of intent, dated December 23, 2019 with EmersonGrow Technology Inc. ("EmersonGrow"), an arm's length party incorporated in the Province of Ontario. Pursuant to the terms of the LOI, the Company will acquire all of the issued and outstanding securities of EmersonGrow for an aggregate purchase price of $20 million. The Purchase Price will be satisfied through the issuance of an aggregate of 133,333,333 common shares in the capital of Sensor at a deemed price of $0.15 per share. Going concern The interim unaudited consolidated financial statements have been prepared using accounting policies applicable to a going concern, which contemplates the realization of assets and settlement of liabilities in the normal course of business as they come due. The Company has incurred a net loss of $233,321 for nine months ended September 30, 2020, has a working capital deficiency in the amount of $2,049,114 and has a deficit in the amount of $5,368,586 as at September 30, 2020. Management estimates that the funds available as at September 30, 2020 will not be sufficient to meet the Company’s potential capital and operating expenditures through to September 30, 2021. The Company will have to raise additional funds to continue operations. Although the Company has been successful in raising funds to date, there can be no assurance that adequate funding will be available in the future, or available on terms acceptable to the Company. The challenges of securing requisite funding and the cumulative losses indicate the existence of a material uncertainty that may cast significant doubt upon the Company’s ability to continue as a going concern. These interim consolidated statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts nor to the amounts or classification of liabilities that might be necessary should the Company be unable to continue as a going concern. Such adjustments could be material. Oil and gas property interests Oil and gas property interests as at September 30, 2020 and December 31, 2019 totaled $1. In 2008, the Company acquired two suspended heavy oil wells and leases and related petroleum and natural gas rights in the Lloydminster area of Alberta for cash proceeds of $400,000. The Company’s interest in the first lease is a 60% working interest subject to: a. an obligation to pay a 60% share of the variable Crown royalties; b. a 60% share of a 1% Gross Overriding Royalty (“GORR”) payable to the party; and c. a 3% GORR on the 60% share of production. The Company’s interest in the second lease is a 100% working interest declining to 60% after recoupment of the payout account of approximately $485,000 associated with the well on the lease. This lease is subject to: Sensor Technologies Corp. (Formerly Mooncor Oil & Gas Corp.) Management’s Discussion and Analysis September 30, 2020 5 a. a 60% share of the Crown royalty; b. a 60% share (36% after payout) of a 1% GORR payable on oil production; c. a 5% to 15% variable convertible GORR payable in respect of oil production; d. a 15% convertible GORR payable in respect of gas production; and e. a 3% GORR payable on the Company’s 60% share of production. The 5% to 15% variable convertible GORR and 15% convertible GORR are convertible to a 40% working interest once payout has been achieved. The leases include the right to complete one infill well on each of the leases. Upon completion and payout of any infill well, the Company will have a 60% working interest in the applicable well subject to the encumbrances on the applicable lease. On January 27, 2015, the Company acquired oil and gas leases (the “Leases”) and related data in the Pondera and Teton Counties in Northwestern Montana USA (the “Property”) through the acquisition of Primary Petroleum Company (USA) Inc. The acquisition relates to undeveloped leasehold mineral rights. The Property consists of a working interest in freehold and state petroleum and natural gas rights (surface to basement) expiring from 2017 to 2023. The Company is the operator of the working interests. In January 2018, the Company has assigned and transferred operations of the existing wells in Montana, USA, to Noah Energy, Inc, a private USA oil and gas company. In the year ended December 31, 2019, in view of the current uncertain market for oil and gas and the concurrent significant downward pressure on oil prices, the Company has written down its investment in its oil and property interest to a nominal amount of $1. Impairment cost of $509,278 have therefore been recognized in the consolidated statements of loss and comprehensive loss for the year ended December 31, 2019 as impairment of oil and gas property interests. Sensor Technologies Corp. (Formerly Mooncor Oil & Gas Corp.) Management’s Discussion and Analysis September 30, 2020 6 Results of Operation As noted above the Company entered into share purchase agreement with an arm's length party with respect to the sale of 49% of the issued and outstanding securities in the capital of STI., a wholly owned subsidiary of Sensor for $158,080 with a right of first refusal to purchase another 26% of the issued and outstanding securities for $10 within, subject to shareholder approval, 5 years of the closing date. Management expects that the sale of the further 26% interest will close within the upcoming fiscal year and therefore as required under IFRS 5 has recorded this investment as a subsidiary held for sale and as such has deconsolidated the subsidiary. Results of operations of the Company for the nine months ended September 30, 2020 and 2019 have excluded the results of operations of discontinued operations and are as follows: The Company’s selected quarterly results for the eight most recently completed financial periods are as follows: 2020 2019 2020 2019 Interest income $ 1,750 $ 1,750 $ 5,250 $ 5,123 Total revenue 1,750 1,750 5,250 5,123 Expenses Exploration expenses (2,971) (1,471) (10,096) (24,795) Office and general (25,594) (16,914) (81,272) (70,656) Total expenses $ (28,565) $ (18,385) $ (91,368) $ (95,451) Loss before undernoted (26,815) (16,635) (86,118) (90,328) Finance costs (53,637) (58,495) (159,978) (204,986) Gain (loss) on foreign exchange (271) (378) (769) 824 Net (loss) for the period (80,723) (75,508) (246,865) (294,490) Net income of discontinued operations for the period 4,368 10,584 13,544 106,333 (76,355) (64,924) (233,321) (188,157) Other comprehensive gain (loss) for the period Exchange differences on translation of foreign operations 885 25 48 (216) Total comprehensive (loss) for the period $ (75,470) $ (64,899) $ (233,273) $ (188,373) Weighted average shares outstanding - basic and diluted 76,125,433 70,926,437 72,876,465 64,157,206 (Loss) per common share based on net (loss) for the period $ (0.00) $ (0.00) $ (0.00) $ (0.00)