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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 > Why PP at lower price!
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Post by flight100 on May 27, 2021 10:17am

Why PP at lower price!

It is a big disappointment to see the PP at lower price while KNR could easily raise 40-50 million dollars at $5 when the stock was trading around 6. 

Anyhow, now that they have set 1.50 at PP price, this tells me that the insiders wants to offer cheaper share price to a major investor  with deep pocket or themselves. Also, since the closing date is June 1 (coming Tuesday), this could be an indication of announcing potential big sale news in near future.  

For the record, I just aded another 42K between 1.50-1.51. Now I am very confident with my investment. I will likely add another 40K by tomorrow as my DMGI & DIGI shares moving higher.
Comment by canyousayiii on May 27, 2021 10:24am
There are many potential answers to your question, but I cannot think of one good one. It would be difficult to argue that Ghezzi thinks KNR is worth much more than $1.50 and one has to wonder just how achievable the projection was. Maybe it wasn't a lowball like many thought but rather really aggressive.
Comment by LeeGoomis on May 27, 2021 10:28am
while they could have got a higher price,  there is no way they could have easily raised money at 5$. Institutional inverstors are not looking to jump in after a stock goes up 1000% in 3 months, they dont want retail prices...
Comment by canyousayiii on May 27, 2021 10:43am
If we were portrayed a different picture, there is likely no way that the SP would have gone to $5 and that many of us would have bought some around those or higher levels. There is a big difference between $1.50 and $5. The full responsibility for this is on Ghezzi, not the institutional investors. He made a decision that some investors are more important than others. And if he cares about the ...more  
Comment by yearninyank on May 27, 2021 10:54am
Indeed, both of you are correct. Its a dirty game and we reatil investors were done dirty. Ghezzi had no problem hyping the potential as he kept his options open. We expected things beyond his Kontrol (like insane demand) to drive this. But he somehow kept a lid on that... it either never was there or he has managed to keep all the deals out of public knowledge. Now he has more money and can still ...more  
Comment by LeeGoomis on May 27, 2021 10:57am
who is blaming the institutional investors? Their were potential problems with biocloud all along, no matter what ghezzi was saying. Alot of people were talking about those problems on these boards, as an investor you should of been aware of those potential problems. When you buy stocks after 1000% runs their is always a huge risk to your investment. Sure Ghezzi overestimated the demand of the ...more  
Comment by yearninyank on May 27, 2021 11:07am
Correct... it isn't illegal. It's how shrewd people take advantage, I came in well below the peak and I still feel quite taken advantage of. I may make money but I will credit the folks like Brad Young who do the work and not the guy that plays with money and retail investors emotions. He just looks like a jerk. That is the price he pays. But he can buy his comforts. Whatever,
Comment by canyousayiii on May 27, 2021 11:09am
I take responsibility for buying into 20,000 * $12,000 potential monthly revenue stream. I, nor anybody here, came up with the 20,000 manufacturing capacity figure, nor the USD $12,000 price. I took into account the risk by imagining the revenue stream at 1,000 monthly unit sale, despite the initiatives to secure a 20,000 manufacturing capacity while they knew better than us of all the supply ...more  
Comment by pointer on May 27, 2021 11:30am
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Comment by LeeGoomis on May 27, 2021 11:40am
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Comment by pointer on May 27, 2021 11:50am
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Comment by LeeGoomis on May 27, 2021 12:03pm
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Comment by pointer on May 27, 2021 12:56pm
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Comment by canyousayiii on May 27, 2021 1:08pm
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Comment by LeeGoomis on May 27, 2021 11:31am
The huge downside potential was and has always been VACCINES, nobody expected vaccines in 2020. The projections for a vaccine were late 2021, i specifically remember trump being laughed out the room when he said a vaccine would be ready in 2020. The fact is the vaccine was a huge blow to pauls projections and the SP. If we didnt have multiple effective vaccines at this point then the SP would be ...more  
Comment by canyousayiii on May 27, 2021 11:45am
Lee, I do not question the fact that things in the business environment are dynamic and change constantly, for better or worse, and companies have to adapt. !,000% in agreement. But I think you will be hard pressed to make a convincing case that Ghezzi had provided us reasonable updates on a timely basis. The bombs started falling in April and May, well after the vaccine rollout was not only ...more  
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