Kontrol Technologies Corp N.KNR

KNR's butt covering

[tylerreddick]

" Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis "

That, along with the rest of the butt-covering jargon at the end of all of their "news" releases allows them to say pretty much anything, regardless of how untruthful it eventually turns out to be. BioCloud pump as a case in point.

If only 5% of their "guidance" had been accurate, shareholders would have made a lot of money. Instead, pretty much everyone lost their shirts on this disaster of a company.

[Mostlyserious]

This is common safe harbour disclosure that many companies use.  It also includes the following: "The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any

[tylerreddick]

Yes, all companies use it, but few to the extent these clowns have.

[Mostlyserious]

I think you meant to say that you think they are pushing the interpretation of it in the way they are publishing information.

[Mostlyserious]

But I should also add that it does not help when there are folk that continue pushing the narrative that BioCloud could still be a big thing with future virus detection. I would not have an issue with that potential IF PG had stated Health Canada's results and confirmed the efficacy of BioCloud, even though it is a very expensive detective device compared to many competing technologies. But