Over the course of the past month or so, RichTv Live has emerged as one of the more influential YouTube channels for investors. The analyst on the show has provided coverage on plenty of stocks in this period and has managed to gather a substantial following.
Initial Sales, Distribution Agreements
On Tuesday, the channel released its latest video and the analyst decided to focus on Canadian company Kontrol Energy (CSE:KNR) (OTCQB:KNRLF). Considering the fact that there had been a significant announcement with regards to one of the company’s products it did not come as a surprise that RichTv decided to focus on it. Here is a closer look at Kontrol Energy, the latest developments, and the verdict from RichTv.
Yesterday, the company announced that the SARS-COV-2 detector set that it had created is now ready to be shipped all over the world. It is a major development for the company, especially at a time when the number of coronavirus cases has started to spike yet again in different parts of the world.
The stock had in fact been recommended by RichTv back in March and since then the Kontrol stock has recorded significant gains. The stock had been trading at $0.22 a share back in March and yesterday it was trading at $3.32 a share. That represents a massive upside for all those who might have got into the Kontrol stock in March.
However, it remains to be seen if the stock can maintain its momentum and record further gains over the course of the coming days. Investors need to watch the stock closely during this period. It is also necessary to point out that the Kontrol stock had hit a high of as much as $6.64 earlier this year and hence, it is likely that it is going to be watched closely by investors over the coming days.
The product in question is named BioCloud and now Kontrol is in a position to start shipping it to distributors as well as customers all across the world. The analyzer helps in detecting airborne viruses quickly and hence can help people in remaining protected at all times.
Featured image: Pixabay