Kontrol Technologies Corp N.KNR

Corporate Update: December another record month

[wilander]

Kontrol Technologies Provides Corporate Update
 
Achieves Monthly Record Issued Request for Quotations in December 2021
 
Provides Key Strategic Initiatives for 2022

Toronto, ON, December 28,  2021 - Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart buildings and cities through IoT, Cloud and SaaS technology, today provided a corporate update on its operations and strategic initiatives.
 
Request for Quotations
 
In December 2021, the Company issued a monthly record of approximately $23 million in new request for quotations, driven by continued growth across its operating platform. Kontrol is currently quoting more than $35 million in new potential revenue opportunities. 
 
“We continue to expand opportunities within our existing customer base while working diligently to scale into additional markets with new customers,” said Paul Ghezzi, CEO of Kontrol Technologies. “Achieving a record month of quotations positions Kontrol for a continuation of substantial growth into 2022. Our core focus on sustainability, energy conservation, and greenhouse gas emission reduction are key drivers of our operating platform’s expansion.”
 
Kontrol provides request for quotations on an ongoing basis across its customer base. A request for quotation does not always result in a revenue generating project or opportunity. Historically, the Company has been able to convert more than 2/3^rd of its request for quotations into revenue generating opportunities.
 
Key Strategic Initiatives for 2022
 
Following a year of record growth in 2021, Kontrol is focused on a number of key strategic initiatives for 2022 including but not limited to:
 

1. Uplisting to a major US stock exchange
2. Acceleration of Kontrol BioCloud through key distribution partners
3. Continued expansion of the Company’s energy management technology platform across North American markets
4. Leadership in ESG initiatives and reporting
5. Continued strong organic growth within its existing markets through its cross-selling platform

[topseeker]

The Never Ending story of KNR growth !  All good, and Thanks for posting Wilander.  The timing of this NR is interesting too being Cdn market closed but Dow open.  And I'm OK with that :)  Best wishes to All Longs,  Sincerely, Topseeker

[wilander]

This will make panicky yank happy: Key Strategic Initiatives for 2022   Following a year of record growth in 2021, Kontrol is focused on a number of key strategic initiatives for 2022 including but not limited to:   Uplisting to a major US stock exchange Acceleration of Kontrol BioCloud through key distribution partners Continued expansion of the Company’s energy

[canyousayiii]

I can't reconcile these news with something meaningful. Certainly not time sensitivity to put out this NR now so to do it when nobody really pays attention is kinda like the shelf-prospectus on Christmas eve. I think their promoters are trying to earn their keep so they are just cranking out NRs. Record quotations means diddly squat without adequate context. They put out the revenue forecast

[yearninyank]

It certainly makes your job easy.

[navajojoe]

This post has been removed in accordance with Community Policy

[yearninyank]

yes, it is weak and looks desperate.... "oh, oh, look how much money we could make if things went right" - oh, lots of folks did that already Ghezzi - now you are doing it too? Sheesh!