Company Name: Kontrol Technologies Corp.

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...

Kontrol announced today that live COVID-19 virus tests on its BioCloud returned positive results. Test results to date have also indicated that BioCloud can be used to detect and measure many different viruses (in addition to the COVID-19 virus), bacteria, and fungi. We believe this offers BioCloud the capability to offer consumers a long-time solution.