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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

Comment by canyousayiiion Feb 10, 2021 9:05pm
127 Views
Post# 32533632

RE:TSE Requirements

RE:TSE RequirementsQuantum, thanks for this. I've been a bit lazy to look this up because I see it as a step in the journey that does not necessarily define the success of the company i.e. listing without a solid business plan execution is not going to bring us the value we are seeking. Perhaps this is the reason why Paul went as far as saying that they would be looking to list this year without exactly giving a specific timeline. If we assume that he is aware of the $10 million cash in treasury, and he spoke several times of no need to dilute to raise funding through equity, how could this requirement be met? If we look at the scenarios we ran and we assume that production capacity increase is based on expected demand, one could easily say that once they start filling sale orders, it won't be long before they accumulate this amount of cash and meet the requirement. We shall see, but regardless of the exchange, decent sales will make the stock go up.
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