Kontrol Technologies Corp N.KNR

A great quote

[Mostlyserious]

"This company is going nowhere."  A couple of ways to interpret it, and given the cost base of ""BC investors", the negative interpretation is most likely in play.

Hope I can get a buck out of this one day but it will take a lot of great work to get it there...the kind of great work we had not yet seen hear.  Note, great woek, not great words.

[Mostlyserious]

And as a reminder, on many topics we had been presented directly or indirectly much more optimistic outlooks than what the reality was. There was not much optimism presented with the covenant bomb and you can bet that the breach of covenant was known before they announced the results to us and therefore had been working on it before the release of results. There is likely a good reason, not good