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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 17, 2021 3:43pm
119 Views
Post# 32587292

RE:RE:RE:RE:RE:Low volume

RE:RE:RE:RE:RE:Low volumeArbourmark, thanks for the extensive comments. In terms of the TSX listing, there is a specific requirement relating to $10M in the treasury. It is not just the question of whether you have it but also how you raised it. While they could easily borrow money against strong purchase orders from the banks, I think that means of raising the whole amount does not necessarily respect TSX requirements. Someone can englighten on the general idea or exact technical requirements. But even if they had to raise some money for this requirement, it could be a million and a half shares at $4.50. That's not much of a dilution. My other comment is just scratching my head as to how "government purchases" can or will be done at either the federal or provincial level simply because of structure. I don't think there is one body that can dictate or purchase BioCloud's for schools, hospitals and LTCs. I think this would be negotiation with a whole bunch of different administrations that have purchasing and decision making power and authority for so many different subsectors. I think the best we could hope from a capital "Government" is for the Ford's of this country to provide some incentive subsidies for those purchasing BioCloud units. You also say "they have 30 distributors online". Do you know that or see that as fact? The closest I recall is them saying that they set an internal target to establish 30 distributors by the end of Q1. Cheers.
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