Kontrol Energy Presenting at The LD 500 Virtual Investor Conference

Rhea-AI Summary

Kontrol Energy Corp. (OTCQB:KNRLF) announced that CEO Paul Ghezzi will present at the LD 500 investor conference on September 3, 2020. During the conference, Ghezzi plans to discuss the company's innovative BioCloud technology, aimed at detecting COVID in the air amid rising concerns about virus transmission indoors. The company has secured government funding and achieved positive lab results for BioCloud development. The LD 500 conference runs from September 1-4, 2020, addressing energy waste and air quality issues, highlighting Kontrol's commitment to environmentally friendly solutions.

Positive

• Development of BioCloud technology aimed at detecting COVID-19, responding to a pressing health concern.
• Secured government funding to accelerate BioCloud technology development.
• Achieved positive lab results for BioCloud, indicating potential efficacy in virus detection.

Negative

• Risks related to the successful development and commercialization of the BioCloud Analyzer may not be effective in detecting COVID-19.
• Uncertainties surrounding regulatory approvals for the BioCloud technology.
• Lack of track record in developing medical application products may pose challenges.

LOS ANGELES, CA / ACCESSWIRE / August 25, 2020 / Kontrol Energy Corp. (CSE:KNR)(OTCQB:KNRLF)(FSE:1K8) ("Kontrol" or "Company") today announced that CEO Paul Ghezzi will present to investors attending the LD 500 investor conference on Thursday, September 3, 2020 at 10:40am PST / 1:40pm EST. Mr. Ghezzi will also host one-on-one investor meetings on September 2 and September 4.

"Kontrol Energy is addressing a $100 billion annual problem of commercial building energy waste, greenhouse gas emissions, and air quality monitoring," said Mr. Ghezzi. "As COVID began to impact the operations of our customers, we heard concerns around the aerosolization of the virus and its potential ability to spread indoors. Given our background in monitoring for volatile organic compounds for blue-chip companies across North America, we started to consider a potential solution for detecting COVID in the air. Since March of 2020 we have developed our BioCloud technology prototype, secured government funding that is accelerating the development of BioCloud, and had our first positive lab results. We look forward to discussing these developments and more with investors attending the LD 500 conference."

View Mr. Ghezzi's video presentation here: https://www.webcaster4.com/Webcast/Page/2019/36650

To book a meeting, register here: https://ld-micro-conference.events.issuerdirect.com/

"We have been waiting for this moment all year long. Due to COVID, it has been nearly impossible for physical conferences to even take place. I want to show the world that you can still learn, have a great time, and see some of the most unique companies in the capital markets today. All without having to step foot outside. For the first time, LD Micro is accessible to everyone, and we are honored to welcome you to one of the most trusted platforms in the space," said Chris Lahiji, Founder of LD.

The LD 500 will take place on September 1st through the 4th.

View Kontrol Energy's profile here: https://www.ldmicro.com/profile/KNR.CN

Profiles powered by LD Micro - News Compliments of Accesswire

About LD Micro

Back in 2006, LD Micro began with the sole purpose of being an independent resource to the microcap world.

What started as a newsletter highlighting unique companies, has transformed into the pre-eminent event platform in the space.

The upcoming "500" in September is the Company's most ambitious project yet, and the first event that is accessible to everyone.

For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com for more information.

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.

Kontrol Energy is one of Canada's fastest growing companies in 2018 and 2019 as ranked by Canadian Business and Maclean's.

Additional information about Kontrol Energy Corp. can be found on its website at www.kontrolenergy.com and by reviewing its profile on SEDAR at www.sedar.com.

For further information, contact:

Paul Ghezzi, Chief Executive Officer
paul@kontrolenergy.com or admin@kontrolenergy.com
Kontrol Energy Corp.,
180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8
Tel: 905.766.0400, Toll free: 1.844.566.8123

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may", "will", "expect", "likely", "should", "would", "plan", "anticipate", "intend", "potential", "proposed", "estimate", "believe" or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy.

Where the Company 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. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated.

However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all, that technologies will not prove as effective as expected, that customers and potential customers will not be as accepting of the Company's product and service offering as expected, and government and regulatory factors impacting the energy conservation industry. In particular, successful development and commercialization of the Kontrol BioCloud Analyzer are subject to the risk that the Kontrol BioCloud Analyzer may not prove to be successful in detecting the virus that causes COVID-19 effectively or at all, uncertainty of timing or availability of any regulatory approvals and Kontrol's lack of track record in developing products for medical applications.

Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. 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 forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.

SOURCE: Kontrol Energy Corp. via LD Micro

View source version on accesswire.com:
https://www.accesswire.com/603018/Kontrol-Energy-Presenting-at-The-LD-500-Virtual-Investor-Conference

FAQ

What is Kontrol Energy Corp.'s focus at the LD 500 conference?

Kontrol Energy Corp. will present its BioCloud technology aimed at addressing COVID-19 detection and commercial building energy efficiency.

When is Kontrol Energy presenting at the LD 500 investor conference?

Kontrol Energy's CEO Paul Ghezzi will present on September 3, 2020, at 10:40 am PST / 1:40 pm EST.

What is BioCloud technology developed by Kontrol Energy?

BioCloud technology is designed to detect airborne COVID-19, developed in response to health concerns emerged during the pandemic.

What funding has Kontrol Energy secured for BioCloud development?

Kontrol Energy has secured government funding to accelerate the development of its BioCloud technology.

What are the lab results for Kontrol Energy's BioCloud technology?

Kontrol Energy has reported positive lab results for its BioCloud technology, indicating its potential effectiveness in detecting COVID-19.