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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 Mostlyseriouson Nov 24, 2022 8:19am
131 Views
Post# 35124538

RE:RE:RE:NR - Corporate update

RE:RE:RE:NR - Corporate updateAren't we due for an update?  Reading the lines and between the lines, P is not only busy with the vendor but more importantly busy with customers. I figure his biggest dilemma is what ro do with $70m+ contracts he bought with Global where under the current conditions he could incurr a loss.  Compared to last quarter that would be $10s of millions.  And that clarification is likely what the lender is seeking, because they likely don't see a good path for their investment in funding a company which has tons of business tied up at a loss.  That is my guess as to why the terrible last quarter is not "just one bad quarter" and why agreements about the covenamts have to been easily reached.  Over to you, Pau.  What is going on?  We are not even wondering about Biocloud anymore.
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