Kontrol Technologies Corp N.KNR

Snore fest

[Whydunnit]

Listening to the webcast.  Ghezzi doing another fine job of whispering and speaking with all the excitement of an undertaker.  He says KNR not going to pursue the home market because they like the fact that large distributors bear promo costs.  How's that working out so far?  Pretty darn badly is the answer.  Penny wise, pound foolish.  A million invested in the right places would have generated $15M of BC sales, but no, KNR is going to double down on its gross mistake.  Hey Ghezzi, ones and twos add up much faster than hundreds that never materialize.  Destructive hubris + ostrich-like head-burying = KNR.

[navajojoe]

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[LivingTheDream1]

A smart man would be chasing the "really great investments" if in fact they were better than KNR. Either you are a real dumbazz for not investing in those other investments or you are trying to sway individuals to sell you their shares by misleading them into thinking KNR is a bad investment. I think the latter applies but so does the fact you are a dumbazz. Nuff said.

[canyousayiii]

Didn't listen to it yet, but if I understood your recap of what he said about the home market correctly, my question then would be why don't you get a large distributor for the home market? Obviously the slew of little ones have shown him that it is not an effective way to sell the product. But such a comment seems pretty rich when we reflect on the fact that the majority of the units we

[Whydunnit]

I was imprecise in my wording.  By "home"  I mean individual households, not the Canadian domestic market.  When he couldn't sell to schools he should have realized his strategy missed the mark but he plowed ahead with it anyway.  Meanwhile thousands of households with the means and motive to buy a BC were left blissfully unaware that it even exists.  I think

[canyousayiii]

Fair enough. Not sure about individual homeowners at a time that they could not hold parties, but I do recall Ghezzi saying how they would not entertain small orders and was leaning towards Canada. If I recall correctly, there was a mention of turning down a 10 unit order for a cinema. In hindsight, that probably would have been their largest order to date. Ooopsy.

[navajojoe]

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[Edcando]

Hmmmm on the one hand I have the words and execution history of a company that has greatly increased its value in the last few years with no end in sight. on the other hand we have the deluded ramblings of a ninkunpoop saying  "pathetic isn't it"  . So hard to know which way to lean on this.  Tell me you're a piker without telling me you're a piker