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Bullboard - Stock Discussion Forum 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... see more

NEO:KNR - Post Discussion

Kontrol Technologies Corp > Present Sales a Mystery
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Post by Imarunaway on Jan 20, 2021 11:25pm

Present Sales a Mystery

Wouldn't it be advantageous to all stake holders, jo public, potential clients etc to say we have 50 orders to date totalling 20000 units to send out by such and such date. We will be ramping up production asap. So you will soon see them everywhere in the coming weeks! I don't see the benefit or why keep it a mystery if you are selling a ton of units and need to ramp up production accentuate the positive. I know I as an Investor and a potential customer would likely be buying more shares and advising other Investor friends as well instead of wondering if I should be selling. It does take some tangible good news of selling products to wanna be long. Even Mcdees puts those sales figures right on their sign out front 20,000,000 served etc. The only other thing that crosses my mind is that they need the money order by order to build and pay for day to day? jc any other thoughts?
Comment by GreenBull on Jan 21, 2021 6:28am
From my understanding I would say the units are made to order. The Client first pays upfront or a percentage of the cost (we have a very large markup), then OES makes it, sends to disributor, then to you. Paul also mentioned before a leasing option, I haven't heard anything more about that. I also assumed distributor's would have product on shelves; however, after talking to United Safety  ...more  
Comment by canyousayiii on Jan 21, 2021 6:50am
The only thing I can say to this is that I dont think they can say that 50 orders chewed up the whole fully rsmped up capacity. Someone would have made some big purchases and that would have been announced. I expect that within two weeks, they should make some kind of a statement for us to better understand sales and production capacity/timelines.
Comment by pointer on Jan 21, 2021 8:18am
This post has been removed in accordance with Community Policy
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