TORONTO, Dec. 28, 2017 /CNW/ - Kontrol Energy Corp. (CSE:KNR) (the "Company" or "Kontrol") is pleased to announce that, further to its announcement in the press release dated November 1st and December 20th, it has established a Blockchain Advisory Board that will assist the Company's expansion into Blockchain technology solutions. The Company welcomes Mr. Manie Eagar, Chairman of the Blockchain Association of Canada, the leading industry body representing cryptocurrency and blockchain technology in Canada to the Advisory Board effective immediately.
"We are excited to have a globally recognized blockchain and cryptocurrency leader such as Manie join our Advisory Board. As we evaluate acquisitions and investments in the rapidly growing blockchain technology sector, his experience will be a major asset for Kontrol", said Paul Ghezzi, CEO of Kontrol Energy Corp.
Manie Eagar is the founder and CEO of Digital Futures B.U.I.L.D. (Blockchain User-centric Innovation & Leadership Development), an independent strategic business development and investment consultancy with a focus on the latest innovations in fintech, cryptocurrency and blockchain technologies and ICOs (Initial Coin Offerings) at the convergence with AI, M2M, predictive analytics, IoT and cybersecurity technologies.
He is an advisor since 2013 to Decentral Toronto, an innovation hub for disruptive and decentralized technologies. He is an advisor to the Equibit strategy committee, building applications for the global securities industry; Dubtokens, an all mobile, video creation patented technology and the IVEP Association a social media posting and monetization platform; Blockedge/Rythm, an advanced crypto-exchange platform; the fintech startup Paycase, a KYC, remittance and exchange platform; and Playmarket 2.0, a decentralized Android App Store that accepts payments in cryptocurrency combined with an ICO platform for developers.
Manie has supported numerous international corporate and public events delivering thought provoking trends analysis and future insights and is a sought after global expert on all things blockchain and cryptocurrency.
About Kontrol Energy Corp.
Kontrol Energy Corp. (CSE:KNR) is a leader in energy efficiency solutions and technology. Through 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.
Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.
Caution Regarding Forward Looking Statements:
Certain information included in this press release, including information relating to future financial or operating performance and other statements that express the expectations of management or estimates of future performance constitute "forward-looking statements". Such forward-looking statements include, without limitation, statements regarding possible future acquisitions and/or investments in operating businesses and/or technologies, accelerated organic growth, the provision of solutions to customers and Greenhouse Gas emissions reductions, proposed financial savings and sustainable energy benefits and energy monitoring. Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief are based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that suitable businesses and technologies for acquisition and/or investment will be available, that such acquisitions and or investment transactions will be concluded, that sufficient capital will be available to the Company, that technology will be as effective as anticipated, that organic growth will occur, and others. 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, lack of acquisition and investment opportunities or that such opportunities may not be concluded on reasonable terms, or at all, 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. 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 the Company 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, except as required under applicable securities law.
SOURCE Kontrol Energy Corp.
For further information: Paul Ghezzi, CEO, [email protected]; Kontrol Energy Corp., 180 Jardin Drive, Unit 9, Vaughan, ON L4K 1X8 Tel: 905.766.0400, Toll free: 1.844.866.8123