Kontrol Technologies Corp N.KNR

Biocloud order from $7 billion dollar company

[wilander]

Kontrol Technologies Receives BioCloud Order from Global Technology Company

Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart building technology, is shipping BioCloud units to a global technology company (the “Customer”), which operates in the field of technology testing and validation with approximate annual revenues of $7 billion. Following the completion of an NDA and technology review in Q3 2021, BioCloud has been selected by the Customer for various applications.

“This is another opportunity which demonstrates our ability to attract global organizations to the BioCloud technology platform,” said Paul Ghezzi. “In a short period of time, we have attracted multiple organizations that operate with a global footprint and represent scaling potential for the BioCloud technology across a variety of applications.”

Application Collaboration

Kontrol will work closely with its new Customer to determine which applications are best suited for deployment and will provide further updates on the new Customer in the near future. For industry competitive purposes the Customer name will not be disclosed.

[canyousayiii]

$7 billion company. Without KNR giving some indication of size of the order, let's start dreaming! Can't disclose the name of the customer, and I guess to keep things even less informative, we will not even disclose a rough order of magnitude of the order. That has been the story of KNR BioCloud - we'll let you dream.

[navajojoe]

This post has been removed in accordance with Community Policy

[wilander]

On Nov 25th navahoejohhny you were screaming "how can anyone be selling!!!" And we have had nothing but good news since. OMG you make me laugh. Not just a textbook pennyflipping troll. But extra dumb to boot.

[Nearnorth1234]

they did indicate that more info will follow shortly, it may not be thousands of Biocloud units (not yet) but it's certainly more then a handful. Yes we do need comfirmaiton of number of untis and revenues but I'm sure that information will come in due time

[canyousayiii]

True. We will just have to wait and see whether for the first time we will get some clear indication of numbers that everyone is looking for versus trying to piece things over time from different announcements and presentations. But somehow I think we will have to wait for the quarterly financials, and even there PG has been clear that they are not segregating revenues by products.

[navajojoe]

This post has been removed in accordance with Community Policy

[Edcando]

Well navaloser eventually we for sure get "the numbers " even if it means waiting till fins realwased. Also do you know what "NDA" means?  Probably not but Google is your friend. The only fool(s) here is/are YOU!