Kontrol Technologies Corp (KNRLF)

[Sam Dan]

As I predicted at least a 9 months ago KNR intent to establish themselves as a major player in the USA
("Kontrol" or "Company") announces expansion of its acquisition targets into the US market.Paul Ghezzi, CEO of Kontrol Energy commented: "With 6 acquisitions completed and our 7th announced on March 14, 2019, we are now turning our focus to US acquisitions. Through our wholly owned subsidiaries, Kontrol already has a presence in the US along with a growing customer base." Mr. Ghezzi further stated, "Accelerating our US sales and market presence is part of our strategic plan for 2019 and will undoubtedly provide us the opportunity to grow exponentially."
Acquisition Targets
Kontrol is targeting companies that operate in the building automation systems, internet of things (IoT) and HVAC technology sector.large cap customer base which will have cross revenue synergies." continued Paul Ghezzi. "We anticipate making our first US acquisition in the next six to nine months."
Capital Structure
Kontrol currently has 29,074,473 commons shares outstanding and 33,577,540 fully diluted. Kontrol is targeting between $32 Million and $33 Million in revenue run rate for the end of 2019 or approximately $1 per share in revenue. Through a combination of debt and equity Kontrol has been able to complete accretive acquisitions while minimizing common shareholder dilution.
About Kontrol Energy
Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) is a leader in the energy efficiency sector through IoT, Cloud and SaaS technology. With a disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy Corp. provides market-based energy solutions to our customers designed to reduce their overall cost of energy while providing a corresponding reduction in greenhouse gas (GHG) emissions.
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