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 > Kontrol BioCloud has entered into an exclusive distribution

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Comment by canyousayiiion May 31, 2021 9:13am

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Post# 33295466

RE:RE:RE:Kontrol BioCloud has entered into an exclusive distribution

I hear you. I am just reminding all of us how we have to pay careful attention to every word in a news release. Even when we do, we missed the real meaning on some material occasions. Let Paul spell it out and we can take it from there. Hoping that we can do less gambling going forward.

pointer wrote:
canyousayiii wrote: I think you are misinterpreting what it says. It is not a guaranteed minimum number of annual sales, but a minimum number of annual sales to maintain exclusivity. The initial sales projection pretty well tells us that USSC is not expecting to sell anywhere near to 5,000 units so all that means is that they will not retain exclusivity. So, careful between minimum to retain exclusivity and minimum guaranteed sales. HUGE difference, as we saw.

Oh, I know. I was just trying to be hopeful, as hope is about all we have after what we have experienced for 8 months so far.

I am hoping that the lack of sales was from KNR simply not being able to build many BioClouds because of component supply issues, which will be solved eventually. And from the tone of previous recent NRs, maybe Paul will provide some clarity on that in the CC.