Steelcase=Showcase=BioCloud=Safe Space Technology=KNRAnd a Good Afternoon. One & All.
Been quite the ride in KNR's sp of late. Some months ago on the way down for the sp, we hit a sp of $1.00 on 06/11/2021. Using that date to 08/13 inclusive, we went on to hit a low of $ 0.82 with a high of $ 1.18.
But by far the trading was sub $1.00 for that period.
Then from 08/16 ( see the NRs on that day) to 08/20, 5 biz days, we hit a total volume of 4.3M shares traded with a low of $ 1.08, a high of $ 1.95 & a close of $ 1.76.
Wow. With far more news to come.
The important thing in the last 6-9 months, if you were Long, IMO, was to keep focused, maintaining DD, reading/watching the NRs & Interviews by KNR management and watching the significant biz executions by Kontrol.
Those were some of the reasons that kept me holding plus helped in my decision to build further my KNR holdings as I saw it as great opportunity for superior returns & much greater sp valuation given time vs other investment opportunities that I was looking at. Patience does & will reward All Longs of KNR.
Prior to the Global HVAC buyout, the KNR forecast for revenues was Q3= $ 6M , Q4= $ 8M for an annual $ 21.5M in Revenues.
After the Global HVAC buyout ( see 08/03 NR), revenues are now expected, IMO to be approx., Q3= $ 13.1M, Q4= $ 17.4M to add up to their target of $ 38M annual Revenue for 2021.
Solid growth in my books with quite little BioCloud revenues in the #s.
BioCloud works as it was intended & was verified by the NRC with also their cash handout ( $ 500K) to KNR's BioCloud build. The Ont. provincial govt also stepped up to the plate too with $2M based on cond. that were met & satisfied by the KNR team.
The Health Canada level 4 Lab testing of BioCloud, IMO, is to verify how very sensitive it can detect the viral load pathogens in the air plus it's ability to detect the increasing # of Covid Variants. I suspect strongly that the Level 4 lab has on hand numerous Covid Variants & of course other viral/fungi pathogens that may be used for testing as reqd.
The latest news of KNR & Steelcase forming a marketing alliance is absolutely great news with 800+ new distributors. Some info from that NR, 08/16-2021, as follows:
Kontrol is excited to enter into a marketing alliance with Steelcase, a global leader in workplace solutions that help people feel safe and productive through adaptable furniture and technology. We look forward to delivering air quality and real-time safe space monitoring technology to the work environment through the extensive Steelcase dealer network," said Paul Ghezzi, chief executive officer of Kontrol. "The marketing alliance with Steelcase provides Kontrol BioCloud with a significant platform into the United States office market as well as an established corporate customer base."
Starting in early September, organizations across the United States and Canada can access Kontrol BioCloud through Steelcase's dealer network, the largest and most reliable dealer network in the industry. Through the exclusive partnership, Steelcase's dealer network will be the only major contract furniture dealer network to offer BioCloud in North America.
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There is no doubt in my mind that Steelcase with KNR plan to ' Showcase ' BioCloud as a critical/integral part of the ' Safe Space Technology ' that will be an important part of their marketing/advertising Blitz to come.
In all of this, there is approx 47.7M shares o/s of which approx 30% ( 14.31M) is held by Insiders, leaving 33.39M shares being held outside the Inner Circle.
Truly not much at all being avail., thus making for very interesting times when the Big Institutions want in. And they will, for both the Core & BioCloud biz that KNR has to offer.
Best of wishes to All,
Sincerely,
Topseeker