Kontrol Technologies Corp (KNRLF)

[Sam Dan]

Further access in USA- the more "eyes" on the stock , the better chance of more investors.

" ("Kontrol" or "Company") a leader in the energy efficiency sector through IoT, Cloud and SaaS technology announces that its shares have received Depository Trust Company (DTC) full-service eligibility in the United States.

DTC eligibility is expected to simplify the process of trading and enhance liquidity of the Company's common shares in the United States. Securities that are eligible to be electronically cleared and settled through DTC are considered DTC eligible. DTC eligibility enables shares of Kontrol to be distributed, settled and serviced through DTC's automated processes, thereby taking advantage of the efficiencies created in the electronic method of clearing securities and the resulting cost benefits that DTC provides through accelerated settlement processes.

Companies that are DTC eligible may experience higher trading volumes in their stock given the additional accessibility and availability of shares for trading. "DTC eligibility is another milestone for Kontrol," said Paul Ghezzi, CEO. "With improved settlement for our common shares, it creates the opportunity for US investors to more easily participate in the Company's growth."