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I agree. Great management team
Than the United States Postal Service and on and on and on…..
You know if UPS is doing it FED EX will have to as well
We keep getting bigger and more powerful economic companies using KULR tech !!
Gonna be a parabolic beast one of these days
KULR Adds United Parcel Service to its Battery Safety Shipping Platform, Forms Strategic Partnership with Safeware for Online Marketplace
Source: GlobeNewswire Inc.
KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in safe and high-performance energy storage solutions, is excited to announce the launch of the KULR Online Marketplace. This innovative platform is now live and features the Safe-X product line, including SafeCASE models and SafeSLEEVE products, available for purchase both on KULR’s online marketplace and through Safeware.com, a premier distributor for Hazmat and fire safety equipment.
The KULR SafeCASE and SafeSLEEVE have received United States Department of Transportation (DoT) approval under a special permit and are accepted by United Parcel Service for transporting batteries, with each individual battery up to 300Wh (Watt-hours). The SafeSLEEVE is ideal for transporting multiple smartphones, tablets, and laptop batteries up to 300Wh, while the SafeCASE is suited for larger batteries used in power tools and energy storage products up to 2.5KWh (Kilowatt-hours). These products provide a safe and regulation-compliant transportation solution. For complete shipping guidelines, please refer to KULR's shipping instructions.
The KULR Online Marketplace represents a pivotal expansion in KULR’s sales strategy, offering a direct order facility that complements its traditional distribution channels. Currently, the marketplace offers a range of Safe-X products, with plans to expand its offerings to include Internal Short Circuit (ISC) trigger cells, rapid engineering design services, rotor track and balance solutions using KULR VIBE, and other advanced technologies in the near future.
"Our partnership with Safeware marks a crucial step in our mission to provide advanced safety and thermal management technologies to the hazardous materials (Hazmat) community," said Ted Krupp, VP of Sales and Marketing at KULR Technology Group. "Safeware’s status as an approved vendor for numerous fire departments and Hazmat groups across the country allows us to reach these critical customers more effectively and ensure they have the tools they need for safe and efficient operations."
Safeware echoed similar enthusiasm for the partnership. Scott Simons, Director of Vendor Relations, commented, "At Safeware, we're committed to protecting first responders and safety workers across the United States. Partnering with KULR and the SafeCASE helps us achieve this with reliable, data-driven solutions that are immediately available and backed by extensive testing."
KULR Technology is committed to driving innovation and accessibility in the safety and thermal management sectors. For more information about the KULR Online Marketplace and to view the available products, please visit www.kulrtechnology.shop.
Great points! I am confident that the R&D expenses will prove wise and revenue will increase exponentially because of it.
Gotta spend money to perfect your craft and might as well tell everyone about it while you do it lol
Good mgmt team here imo
You’ll be in tall cotton then. Congratulations. While this should be a better 10Q, the promise was made that by 2nd quarter was their determination for profitability. Then again, increased sales with increased gross profit percentage may shorten the time it takes for at least break even.
What has concerned me and kept my buying in check is the huge R & D expenses as well as the marketing expenses. I don’t know why KULR can’t/hasn’t charged customers for the Engineering expenses required to come up with solutions for specific customer problems. As far as marketing expenses, we should be known by now as a company that provides solutions for electrification and vibration problems. Therefore I’m hoping for big reductions in those expenses.
Of another concern is why the G.P. is this low for a manufacturer of proprietary products/solutions. While we have competition, I don’t think others have our capabilities or pedigree. That being said, I’m excited that we’re about to turn the corner on profitability and that we’re certainly growing our customer base.
Wonder if this will break the $1.00 price ?
These guys put out tiny revenue now but it is about to grow exponentially. $5 stock easy
Should be the best Q yet !
This should stir things up!
KULR Technology Group Sets First Quarter 2024 Earnings Call for Wednesday, May 15, 2024 at 4:30 p.m. ET
SAN DIEGO / GLOBENEWSWIRE / May 10, 2024 / KULR Technology Group, Inc. (NYSE American: KULR) (the "Company" or "KULR"), a global leader in sustainable energy management, will hold a conference call on Wednesday, May 15th at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss its financial results for the first quarter ended March 31, 2024. The financial results will be issued in a press release prior to the call.
https://ih.advfn.com/stock-market/AMEX/kulr-technology-KULR/stock-news/93827937/form-8-k-current-report
Little profit taking this morning eh ?
Hot out the gate lol
Any time is a good time for news.
News tomorrow???
That’s too unpredictable… totally relies on revenue contracts, who there with, what there for etc etc
Plus KULR burn rate slowing would be a benefit
This a company that its stock can go Parabolic with the right news/contracts etc
Ex. If this “ leading auto maker “ is Tesla and there’s a substantial use of KULRs product(s) in every manufactured Tesla this will be up 5.00 that day
Can I ask what “ lid “ is on this ?
Smart move!
Great great color. Any more converts I should be aware about? Yes, sorry, I will do better DD but I haven’t rebuilt my position here and need/want to. Hence , I need to break the liability side of the balance sheet down
Remember that 40 million shares were recently issued to the debtor with prices ranging from $.13 to $.41/share. I would think that most of the lower priced shares have already been sold.
For the Kulr stock or an excavator?
Why is there a lid on this? Great buying opportunity but curious
Gently used will be okay.
I ran a 330 at my old excavation job
Yeah they are pricey ! New Cat will run you 300k
I'd like to see $2.00. I need an excavator.
You give low interest loans to fellow KULR shareholders? I’m interested lol
Lmao ;) 150,000 is a nice number
Every 2.00 up in pps is another house
You never know!
Buying another 40,000 today ?
I like your thinking!
You’ll be a true millionaire next summer !!
No doubt here
I thought I was good at 20,000 shares lol
Now I gotta take out a loan and get to at least 50,000
Added 31,400 shares today. Going to let it ride at 110K shares.
Can’t believe ( laughing ) the NYSE gave them till June 2025 to regain compliance when they did it in just a few months
Way to go Dr. Mo !!!
I guarantee you all that no one knows of this company yet
Unless you like the tech and where it’s used the normal person has no clue what KULR does or is ….
The Worlds gonna find out this year and people in now will reap the whirlwind
I cancelled my summer beach trip in August to buy a ton more of this
I figure why go to the beach this summer for a week at a rental when next summer I’ll just buy a beach house of my own ;)
My sentiments exactly
Stock is starting to look very cheap
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