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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 Apr 28, 2021 9:54am
82 Views
Post# 33081602

RE:RE:RE:Idiots on CEO.CA yapping about the lack of insider selling

RE:RE:RE:Idiots on CEO.CA yapping about the lack of insider sellingI have been investing for decades, including gambling in many microcaps. Some have done well, most have disappeared. I understand the gamble component, I understand how careful I must be in my DD. I think from the beginning I was clear that I was not counting on 20,000 * $15,000 = $300,000,000 in monthly revenues ($3.6 billion annually), excluding cartridges, that was easy to calculate given company's consistent messaging of shooting for this monthly capacity and the price tag. The math was also done in one of the interviews - 30 distributors x "minimum" 250 units (we can assume some will be under, some will be over) x $15,000 price tag = over $100 million in revenues. And this excluded the exclusive distributor, this excluded direct sales, etc, etc. Based on the information provided, I did not expect a market cap of even $160 million (half the full capacity monthly revenue) to be a gamble. Had they talked about $10 million potential sales of BC in the first year without injecting all the stuff that can reasonably lead to wild imagination, that would have sounded great, and none of us would have bought at $4, $5 or $6. Before the update some of us were making a case that even selling 1,000 units per month would give us a multi-bagger. Proper, responsible disclosure has nothing to do with the exchange you are listed on. If I accept that I was gambling here, then unfortunately I was then gambling on management's word rather than the business. It would be pretty discouraging to conclude that the public has to question pretty well everything that Canadian companies say. But maybe that is the conclusion. I did well believing management in some other plays even though things never unwind as per the wishlist or best case scenario. But currently seeing up to 1,000 units while putting together capacity for 180,000? Let's be reasonable. JMO.
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