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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

Post by canyousayiiion May 27, 2021 8:33pm
52 Views
Post# 33283594

PP guess

PP guessSo, I am going to guess that the PP will be used towards BC manufacturing facilities or equipment but I don't quite understand why given the recently established OES and Danby relationships that satisfy the 20k production capacity which dwarfs the current demand. Manufacturing facility overseas to get around some tariffs or in the US due to buy American? But there has to be some urgent need that could not have been financed through a bank to be done on such weak terms. Acquisition of a core type business does not in my mind fit the bill of a "capital expenditure".
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