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 > Low volume

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Comment by BCdudeon Feb 17, 2021 10:58pm

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Post# 32592718

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

I'm guessing a large chunk of this cash is from deposits. Paul has already said they are giving priority to customers who put money down.

DD34 wrote: Lol. Paul told you the same time he told me. I registered to this mornings webinar and I was wrong. Its $8.6M net cash in the bank which means the cash position is actually in the $10M+ range. Sometimes it's ok if people know a bit more than you. You can simply say Thank you.

pointer wrote:

DD34 wrote: $8.5M in the bank as of last week, large % came from warrants which qualifies as "distribution"

Well, that is simply false. If all of the warrants outstanding as of the end of Q3 were exercised, it would be somewhere north of $2 million, but certainly not a "large %" of $8.5 million.

And who says they were all exercised?

Besides, who told you that KNR had $8.5 million of cash? That is undisclosed material information.