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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.


NEO:KNR - Post by User

Kontrol Technologies Corp > New Press Release - Kontrol Technologies Completes Sale of Operating Subsidiary
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Comment by Mostlyseriouson Jan 08, 2024 10:21am
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Post# 35815532

RE:RE:RE:RE:RE:New Press Release - Kontrol Technologies Completes Sale of Operating Subsidiary

RE:RE:RE:RE:RE:New Press Release - Kontrol Technologies Completes Sale of Operating Subsidiary

Given the 3 cent drop from Fiday's close, I guess the Ortech sale excitement is over.


Now it is a race between signing new contracts and seeing what the impact of the sale is on the financial statements.  We know the balance sheet will look better, but what is the income statement going to look like going forward.  Stay tuned in a few months.  

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