Company Name: Kontrol Technologies Corp.

Highlights Earlier this month, KNR acquired Global HVAC & Automation (“HVAC”), a provider of...

Highlights 2020 year-end (ended December 31, 2020) revenue was $12.3M, beating our estimate by 3%....

We found that a BioCloud device was tested at a McDonald’s (NYSE:MCD) location in Ontario. Management has indicated that there are multiple units currently in the field undergoing tests by potential buyers.

Kontrol Energy Corp. (CSE: KNR / Current Share Price: $3.42 / FRC Fair Value Estimate: $6.72) announced today that it filed patent applications for its BioCloud technology in the U.S. and Canada. On another positive note, we found that a McDonald’s (NYSE: MCD) location in London, Ontario, gave BioCloud a test run last week. We reached out to the location’s management (ended up talking to a shift supervisor), and learned that KNR’s device was installed for a day to screen employees prior to checking in to work.

Based on the live test results announced yesterday (mentioned in our note), KNR announced today...