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 > TSE Requirements

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Post by QuantumTimeon Feb 10, 2021 7:34pm

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Post# 32533109

TSE Requirements

For the TSE application I would think that they would need more cash in the treasury, as you need $10m for the TSE and they have $3m-ish cash, but they could also easily have other short term/cashable investments which also count towards the $10m.
The bigger and more important focus IMO is sales including potential government contracts, expansion, production, distribution, etc.
It seems they are working hard on all of that.
The announcement of a government contract would be a huge mover, and could possible come sooner that we think. This stock is a great play to be in right now IMO.
TSE Requirements Include:

$50 million minimum market value of listed shares;
$10 million minimum market value of public float;
$10 million minimum in the treasury;
evidence that a company’s products or services are at an advanced stage of development or commercialization;
and sufficient funds to cover planned development, capital and operating expenses for one year.