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Agreed! The inmates have returned to the asylum, coming and going as they please, filling up the board with mindless trash talk.
IG is the acronym we use here for the offering investor group (IG).
https://www.globenewswire.com/news-release/2020/12/29/2151307/0/en/KULR-Technology-Group-Announces-Pricing-of-8-0-Million-Offering.html
They have been active sellers and at times a headwind since the announcement and completion of the deal where KULR received $8 million for 6.4 million shares ($1.25/share) + warrants to IG.
We are speculating they should largely be out of their primary 6.4 million share position today. Still need to be aware of the eventual probability of their exercising warrants, which could then provide additional selling pressure. However, if volume can increase to 1M+ per day with continued progress made on the investor awareness front and the advent of meaningful news, then selling on their part should have a lesser impact than it did before.
Here's a chart posted on this board in the past along with a description of IG's actions:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161721927
Welcome to the KULR board.
**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. As a moderator (supernova23) of this board it is my duty to disclose to you that my family has invested in KULR and that I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm not a licensed financial professional. I have performed extensive research on the Company and believe KULR has real potential to displace conventional thermal management or "cooling" solutions for the electronics and battery industries. This is my opinion and opinions expressed herein by me are my own. You should always perform your own complete due diligence before making any investment decision. There is obviously risk of loss when buying or selling securities and generally even greater risk associated with buying or selling micro-cap stocks. Some real challenges faced by micro-cap companies include raising capital, increasing liquidity, attracting institutional investors, gaining analyst coverage, and general mistrust of the micro-cap market. Micro-cap companies also tend to lack in resources and often struggle to commercialize their products or services in a meaningful way.
Just a formality should KULR need to do so. The reverse stock split will not be necessary if the price stays above $2 and the Company decides to move up to the NYSE. I believe $4 is the minimum stock price for up listing to the Nasdaq.
**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. As a moderator (supernova23) of this board it is my duty to disclose to you that my family has invested in KULR and that I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm not a licensed financial professional. I have performed extensive research on the Company and believe KULR has real potential to displace conventional thermal management or "cooling" solutions for the electronics and battery industries. This is my opinion and opinions expressed herein by me are my own. You should always perform your own complete due diligence before making any investment decision. There is obviously risk of loss when buying or selling securities and generally even greater risk associated with buying or selling micro-cap stocks. Some real challenges faced by micro-cap companies include raising capital, increasing liquidity, attracting institutional investors, gaining analyst coverage, and general mistrust of the micro-cap market. Micro-cap companies also tend to lack in resources and often struggle to commercialize their products or services in a meaningful way.
18,671,288 shares traded to date, post offering announcement (12/29/20) for total $Vol of ~$34.6M. IG still selling...
Have a good weekend.
**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. As a moderator (supernova23) of this board it is my duty to disclose to you that my family has invested in KULR and that I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm not a licensed financial professional. I have performed extensive research on the Company and believe KULR has real potential to displace conventional thermal management or "cooling" solutions for the electronics and battery industries. This is my opinion and opinions expressed herein by me are my own. You should always perform your own complete due diligence before making any investment decision. There is obviously risk of loss when buying or selling securities and generally even greater risk associated with buying or selling micro-cap stocks. Some real challenges faced by micro-cap companies include raising capital, increasing liquidity, attracting institutional investors, gaining analyst coverage, and general mistrust of the micro-cap market. Micro-cap companies also tend to lack in resources and often struggle to commercialize their products or services in a meaningful way.
KULR short interest as of 2/12/21 up from 60,208 (1/29/21) to 157,800, which is the highest short interest witnessed to date. This is pure speculation, but perhaps this indicates the offering investor group selling against their warrants? Next short interest report out will account for a 2/26/21 settlement date and will be reported on 3/9/21. It will be interesting to see those figures, which accounts for the record volume day periods starting on 2/16/21 (2,051,202 shares traded) through todays result.
https://otce.finra.org/otce/equityShortInterest
**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. As a moderator (supernova23) of this board it is my duty to disclose to you that my family has invested in KULR and that I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm not a licensed financial professional. I have performed extensive research on the Company and believe KULR has real potential to displace conventional thermal management or "cooling" solutions for the electronics and battery industries. This is my opinion and opinions expressed herein by me are my own. You should always perform your own complete due diligence before making any investment decision. There is obviously risk of loss when buying or selling securities and generally even greater risk associated with buying or selling micro-cap stocks. Some real challenges faced by micro-cap companies include raising capital, increasing liquidity, attracting institutional investors, gaining analyst coverage, and general mistrust of the micro-cap market. Micro-cap companies also tend to lack in resources and often struggle to commercialize their products or services in a meaningful way.
Welcome aboard CC.
Yes. Great exposure having potentially reached out to a 1M+ viewership base. In addition to this kind of national exposure, we could use KULR delivering on the business end of things with meaningful progress on commercialization front...
**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. As a moderator (supernova23) of this board it is my duty to disclose to you that my family has invested in KULR and that I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm not a licensed financial professional. I have performed extensive research on the Company and believe KULR has real potential to displace conventional thermal management or "cooling" solutions for the electronics and battery industries. This is my opinion and opinions expressed herein by me are my own. You should always perform your own complete due diligence before making any investment decision. There is obviously risk of loss when buying or selling securities and generally even greater risk associated with buying or selling micro-cap stocks. Some real challenges faced by micro-cap companies include raising capital, increasing liquidity, attracting institutional investors, gaining analyst coverage, and general mistrust of the micro-cap market. Micro-cap companies also tend to lack in resources and often struggle to commercialize their products or services in a meaningful way.
KULR Technology to be on Fox Business Varney & Co today:
Our CEO, Michael Mo, will be on @FoxBusiness' @Varneyco this morning!
— KULR Technology (@KULRTech) February 26, 2021
Be sure to watch to learn about our involvement on the Mar's Perseverance Project and the Rover's SHERLOC system.
Tune in to the live stream here:https://t.co/sYi0n7ERlc #MarsPerseverance #Mars $KULR pic.twitter.com/G11g5nYcEa
KULR Technology Group Inc (OTCMKTS:KULR) Offers New Angle on EV Investment Theme
https://www.journaltranscript.com/2021/02/kulr-technology-group-inc-otcmktskulr-offers-new-angle-on-ev-investment-theme/
Hopefully so. An "aha moment(s)" would certainly help towards that cause.
KULR is still relatively unknown by the vast majority of investors and many of those who are aware of KULR have doubts simply due to it being at OTC company. In my opinion, if KULR reports significant events on the commercialization front (growth) and up lists to a senior exchange, a $1 billion+ valuation is achievable especially in light of the frothy valuations witnessed in the rapidly growing E-mobility, energy storage, and battery spaces. I believe 2021 will be the breakout year for us, given that KULR has already hinted at reporting commercialization in 2021 and up listing to a senior exchange.
**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. As a moderator (supernova23) of this board it is my duty to disclose to you that my family has invested in KULR and that I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm not a licensed financial professional. I have performed extensive research on the Company and believe KULR has real potential to displace conventional thermal management or "cooling" solutions for the electronics and battery industries. This is my opinion and opinions expressed herein by me are my own. You should always perform your own complete due diligence before making any investment decision. There is obviously risk of loss when buying or selling securities and generally even greater risk associated with buying or selling micro-cap stocks. Some real challenges faced by micro-cap companies include raising capital, increasing liquidity, attracting institutional investors, gaining analyst coverage, and general mistrust of the micro-cap market. Micro-cap companies also tend to lack in resources and often struggle to commercialize their products or services in a meaningful way.
I agree. However, we also need KULR to report positive news on the commercialization front. This would be the ultimate shot in the arm we need. IG gradually losing their sway with every share they sell.
**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. As a moderator (supernova23) of this board it is my duty to disclose to you that my family has invested in KULR and that I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm not a licensed financial professional. I have performed extensive research on the Company and believe KULR has real potential to displace conventional thermal management or "cooling" solutions for the electronics and battery industries. This is my opinion and opinions expressed herein by me are my own. You should always perform your own complete due diligence before making any investment decision. There is obviously risk of loss when buying or selling securities and generally even greater risk associated with buying or selling micro-cap stocks. Some real challenges faced by micro-cap companies include raising capital, increasing liquidity, attracting institutional investors, gaining analyst coverage, and general mistrust of the micro-cap market. Micro-cap companies also tend to lack in resources and often struggle to commercialize their products or services in a meaningful way.
I bought today too after breaking below $2.15. KULR is like riding a bull. A lot of short-term volatility and price risk. IG still acting as the major headwind. 2021 better be the our year...
**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. As a moderator (supernova23) of this board it is my duty to disclose to you that my family has invested in KULR and that I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm not a licensed financial professional. I have performed extensive research on the Company and believe KULR has real potential to displace conventional thermal management or "cooling" solutions for the electronics and battery industries. This is my opinion and opinions expressed herein by me are my own. You should always perform your own complete due diligence before making any investment decision. There is obviously risk of loss when buying or selling securities and generally even greater risk associated with buying or selling micro-cap stocks. Some real challenges faced by micro-cap companies include raising capital, increasing liquidity, attracting institutional investors, gaining analyst coverage, and general mistrust of the micro-cap market. Micro-cap companies also tend to lack in resources and often struggle to commercialize their products or services in a meaningful way.
KULR Technology Appoints Dr. Joanna D. Massey to Board of Directors
Former Senior VP of Corporate Communications at Lions Gate Entertainment to further strengthen corporate governance
SAN DIEGO, CA / ACCESSWIRE / February 23, 2021 / KULR Technology Group Inc. (OTCQB:KULR) (the "Company" or "KULR"), a leading developer of next-generation thermal management technologies, today announces that Dr. Joanna D. Massey is joining the Company as an independent director. Dr. Massey brings to KULR decades of experience relevant to the Company's near and long-term growth strategies.
"I am pleased to welcome Dr. Massey to the KULR team," stated KULR Chief Executive Officer Michael Mo. "She is deeply experienced in corporate social responsibility, reputation management and strategic communications, all of which add immediate value to our board of directors. This comes at an important time for the Company, as we strengthen corporate governance and work toward uplisting to a national securities exchange this year. I am certain that Dr. Massey's insights across multiple disciplines will augment our operational and strategic objectives to deliver value for our shareholders."
Dr. Massey has extensive experience advising executive teams at Fortune 500 companies, startups and non-profit organizations. A seasoned C-level communications executive and consultant, she has over 25 years' experience in the media and digital technology industries, strategizing on global brand reputation management as Head of Communications at Condé Nast Entertainment and Senior Vice President of Corporate Communications at Lions Gate Entertainment (NYSE: LGF.A) and at The Hub Network, a joint venture between Discovery, Inc. (Nasdaq: DISCA) and Hasbro, Inc. (Nasdaq: HAS). She also held Senior Vice President positions in communications and media relations at CBS Corporation and Viacom, Inc., now ViacomCBS Inc. (Nasdaq: VIAC). She also previously served as managing director at Golden Seeds, an early-stage investment firm with over $125 million in investment in more than 170 female-run businesses. Dr. Massey currently serves as a corporate consultant working at the intersection of communications and neuroscience with her firm JDMA Inc. Dr. Massey received an MBA from the University of Southern California and a Ph.D. in psychology from Sofia University. She is a member of the National Association of Corporate Directors and the American Psychological Association.
"It is a tremendous opportunity to join an emerging leader in thermal management and battery safety, and I am delighted to work with Michael and the KULR team at this notable stage in the Company's development," said Dr. Massey. "I look forward to making an impact by leveraging my experience and contributing to the Company's future growth and success. In addition to increased global focus on clean energy and decarbonization, the growing attention to battery safety and design has created a remarkable opportunity for companies like KULR, and I am thrilled to be a part of it."
About KULR Technology Group Inc.
KULR Technology Group Inc. (OTCQB:KULR) develops, manufactures and licenses next-generation carbon fiber thermal management technologies for batteries and electronic systems. Leveraging the company's roots in developing breakthrough cooling solutions for NASA space missions and backed by a strong intellectual property portfolio, KULR enables leading aerospace, electronics, energy storage, 5G infrastructure, and electric vehicle manufacturers to make their products cooler, lighter and safer for the consumer. For more information, please visit www.KULRTechnology.com.
Safe Harbor Statement
This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on May 14, 2020. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
Source: https://www.accesswire.com/631235/KULR-Technology-Appoints-Dr-Joanna-D-Massey-to-Board-of-Directors
I agree. I think Nasdaq is the better way to go. Just hope stock can get above $4 so that an up list can occur without the reverse stock split.
NYSE is $2. Nasdaq is $4.
16,012,882 shares traded since offering announcement for $28.15M at average price of $1.76.
I speculate IG has liquidated the lion's share, if not all, of their primary position. If so, using the VWAP as the benchmark, their profit is as much as $3 million. Continued selling by IG beyond their principal share position (dumbfounding move) could indicate they're now shorting against their warrant position. So may not be out of the woods just yet. If volume can consistently get into the 1M+ share per day range (hopefully even 2M+ shares/day) as a result of future announcements instilling confidence in shareholder base, then we are capable of overcoming this in a shorter period of time than the 1 1/2 months it took to get to this point. Let's hope we can burn these guys out soon.
If the warrants are exercised, KULR will be well capitalized with as much as $16M provided by IG.
Have a good weekend.
**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. As a moderator (supernova23) of this board it is my duty to disclose to you that my family has invested in KULR and that I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm not a licensed financial professional. I have performed extensive research on the Company and believe KULR has real potential to displace conventional thermal management or "cooling" solutions for the electronics and battery industries. This is my opinion and opinions expressed herein by me are my own. You should always perform your own complete due diligence before making any investment decision. There is obviously risk of loss when buying or selling securities and generally even greater risk associated with buying or selling micro-cap stocks. Some real challenges faced by micro-cap companies include raising capital, increasing liquidity, attracting institutional investors, gaining analyst coverage, and general mistrust of the micro-cap market. Micro-cap companies also tend to lack in resources and often struggle to commercialize their products or services in a meaningful way.
Good article validating BYD Xia's point about battery technologies being the key to the future of the EV industry at large.
The Auto Industry Bets Its Future on Batteries
https://www.nytimes.com/2021/02/16/business/energy-environment/electric-car-batteries-investment.html
Local company sends their technology to space aboard NASA's Mars rover 'Perseverance'
https://www.cbs8.com/video/news/local/the-four/local-company-has-technology-aboard-mars-rover/509-0aefe02c-fcc4-4895-a316-41727f52525e
Congrats to NASA! Perseverance has landed!!!
Best of luck to you! Long-term hold for me too.
I completely disagree. Your opinion is very one dimensional and near sighted. Science is progress and progress is good for humanity. Lessons learned from this mission extend far beyond finding life on Mars into space exploration and potential for colonization. Additionally, many inventions have already occurred as a result of NASA's work.
https://www.usatoday.com/story/money/2019/07/08/space-race-inventions-we-use-every-day-were-created-for-space-exploration/39580591/
Nice!!!!
Cool. I plan to retire in the not so distant future. Life truly is short.
Hehe. Thanks for the vote of support but I'm no guru. Cool that you're an engineer. My father is a retired physicist and I come from a science background myself. Nice to meet you here as well.
Tom
Welcome aboard. Nice to meet you here SS.
Tom
The free fall was largely a product of the offering investor group selling aggressively via OTCX. Today's weakness is also largely being caused by this same investor group. Other than headwinds or selling by this group while they have shares to sell (and potentially selling against warrants), no games. Strong insider ownership in KULR and for the most part what seems to be a loyal shareholder base.
https://www.globenewswire.com/news-release/2020/12/29/2151307/0/en/KULR-Technology-Group-Announces-Pricing-of-8-0-Million-Offering.html
**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. As a moderator (supernova23) of this board it is my duty to disclose to you that my family has invested in KULR and that I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm not a licensed financial professional. I have performed extensive research on the Company and believe KULR has real potential to displace conventional thermal management or "cooling" solutions for the electronics and battery industries. This is my opinion and opinions expressed herein by me are my own. You should always perform your own complete due diligence before making any investment decision. There is obviously risk of loss when buying or selling securities and generally even greater risk associated with buying or selling micro-cap stocks. Some real challenges faced by micro-cap companies include raising capital, increasing liquidity, attracting institutional investors, gaining analyst coverage, and general mistrust of the micro-cap market. Micro-cap companies also tend to lack in resources and often struggle to commercialize their products or services in a meaningful way.
Yes indeed.
Hanging tight. Good buying interest above $2. We shall overcome IGnorance!
It appears as though IG isn't done with their antics along with profit taking by some retail investors. I imagine IG has got to be close to having recovered their entire principal funds, if not there already.
**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. As a moderator (supernova23) of this board it is my duty to disclose to you that my family has invested in KULR and that I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm not a licensed financial professional. I have performed extensive research on the Company and believe KULR has real potential to displace conventional thermal management or "cooling" solutions for the electronics and battery industries. This is my opinion and opinions expressed herein by me are my own. You should always perform your own complete due diligence before making any investment decision. There is obviously risk of loss when buying or selling securities and generally even greater risk associated with buying or selling micro-cap stocks. Some real challenges faced by micro-cap companies include raising capital, increasing liquidity, attracting institutional investors, gaining analyst coverage, and general mistrust of the micro-cap market. Micro-cap companies also tend to lack in resources and often struggle to commercialize their products or services in a meaningful way.
Thank you Badge! It's been a pleasure. Best of luck to you as well. Take care. Tom
Largely dependent on growth moving forward as to how high we go but the potential is real. It's going to be an interesting journey. Good luck to us all.
**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. As a moderator (supernova23) of this board it is my duty to disclose to you that my family has invested in KULR and that I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm not a licensed financial professional. I have performed extensive research on the Company and believe KULR has real potential to displace conventional thermal management or "cooling" solutions for the electronics and battery industries. This is my opinion and opinions expressed herein by me are my own. You should always perform your own complete due diligence before making any investment decision. There is obviously risk of loss when buying or selling securities and generally even greater risk associated with buying or selling micro-cap stocks. Some real challenges faced by micro-cap companies include raising capital, increasing liquidity, attracting institutional investors, gaining analyst coverage, and general mistrust of the micro-cap market. Micro-cap companies also tend to lack in resources and often struggle to commercialize their products or services in a meaningful way.
Great day! 2,051,202 volume today on $4,717,764 $Vol. Record setting day for both volume and $Vol.
13,654,981 shares traded to date post the offering announcement on 12/29/20.
If KULR can get above $4 for an extended period of time, it would qualify the Company to up list to the Nasdaq without the reverse stock split. Hopefully KULR will make some significant announcements to attract new investors and instill confidence in shareholders...
**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. As a moderator (supernova23) of this board it is my duty to disclose to you that my family has invested in KULR and that I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm not a licensed financial professional. I have performed extensive research on the Company and believe KULR has real potential to displace conventional thermal management or "cooling" solutions for the electronics and battery industries. This is my opinion and opinions expressed herein by me are my own. You should always perform your own complete due diligence before making any investment decision. There is obviously risk of loss when buying or selling securities and generally even greater risk associated with buying or selling micro-cap stocks. Some real challenges faced by micro-cap companies include raising capital, increasing liquidity, attracting institutional investors, gaining analyst coverage, and general mistrust of the micro-cap market. Micro-cap companies also tend to lack in resources and often struggle to commercialize their products or services in a meaningful way.
The stock is up, sparked by yesterday's Benzinga post from Xia Zuoquan (BYD co-founder).
In The EV Revolution The Battery Will Be The Key Competitive Differentiator
https://www.benzinga.com/markets/penny-stocks/21/02/19658480/in-the-ev-revolution-the-battery-will-be-the-key-competitive-differentiator
In The EV Revolution The Battery Will Be The Key Competitive Differentiator
By Xia Zuoquan
February 15, 2021
The market for electric transportation is broad and varied, though many investors don’t give much thought to opportunities beyond industry behemoths like Tesla Inc. In recent months, however, a growing number of investors and observers have seen past the recognizable names and are justifiably excited about the emerging opportunities they see in e-transportation and e-mobility.
For example, shares of BYD Co Ltd, for which I was the first investor in 1995, have gained a hefty 300% in the past six months on heightened awareness. If you’re familiar with BYD – whose largest equity holder is now Berkshire Hathaway (NYSE: BRK-B) - you know the company as a maker of electric buses or industrial equipment such as forklifts and trucks.
We sift through this volatile market for consistent trades so you don't have to. Get Benzinga Options: Starter Edition to follow Benzinga's high-conviction options trades.
What you may not know is that BYD began as a battery company, and that despite being the world’s largest maker of electric vehicles in 2016, it still primarily views itself as a battery maker. In fact, just two years ago, BYD was in the process of building the largest battery factory in the world. That breakneck growth has continued and shows little signs of slowing down. In fact, last month BYD Co Ltd raised $3.86 billion from an upsized sale of its Hong Kong-listed shares, capitalizing on growing demand for its new-energy vehicles.
Automakers that view their core operation as a battery company are common; people in the e-mobility market know they are in the battery business first and the car or shipping business second. In 2015, Elon Musk said exactly the same thing. Five years later, Social Capital CEO Chamath Palihapitiya echoed the same sentiment when he told CNBC Tesla’s growth is much more than about electric cars: its renewable energy components could be worth trillions.
Still, while many investors see spin-off opportunities in electric vehicles (EV), they likely miss that EVs themselves are spin-offs of battery technologies. In this market, just as with the cars and buses themselves, the batteries (no pun intended) are the drivers.
Take robotics as another example. Privately held UBTech, the world’s most valuable consumer robotics company (valued at about $10 billion), for which I am an investor and serve as board member, is also driven by advancements in battery technology. In robotics, a battery’s weight, energy density and ability to safely charge and discharge is everything.
That’s another reason why investors looking long term would be wise to source opportunities in batteries and battery-related technologies. By betting on batteries, you’re not only betting on Tesla, or Volkswagen, but also on robotics and satellite tech, shipping and grid-level energy storage, and mass transit. Even consumer electronics such as laptops, mobile phones and AR/VR headsets run on - you guessed it - batteries.
That’s why my investment firm backs companies that pioneer safer, more efficient, and lighter weight batteries. An example being California-based KULR Technology Group.
KULR takes space proven technology to make lithium battery systems cooler, lighter and safer for consumers. You can see why, in the battery world, that’s a big deal. They have been working on this technology for many years with NASA. Now they are deploying it to EV, energy storage and many other commercial applications. The market opportunity is huge for what they do.
Generally speaking, backing battery companies may feel like placing a wager on a very specific technology. But it’s really like investing in multiple, high-growth, high-return markets at once. If a single advancement in battery technology works, it doesn’t just work for a confined vertical - it works everywhere.
So, if you’re following car makers or e-mobility, or feel as though you may have missed early investment opportunities there, it may be a good time to see them differently -- to see them as battery companies. That’s what most of them really are.
Xia Zuoquan is a founding investor and director of BYD Co Ltd, a maker of electric buses and plug-in electric cars and batteries. Xia founded investment firm Zhengxuan Capital in 2004, with an estimated $1.5 billion in assets.
Source: https://www.benzinga.com/markets/penny-stocks/21/02/19658480/in-the-ev-revolution-the-battery-will-be-the-key-competitive-differentiator
11,603,779 shares traded to date since offering announcement (12/29/20) for ~$17.5 million $Vol and average price of ~$1.51.
Since inception (all-time), KULR's average trade price is ~$1.52.
Have a nice holiday weekend!
Good to know. Thanks Badge.
Badge, I wouldn't tell your investor friends anything or recommend KULR. Additionally, they should perform their own due diligence about any investment decision. It's important to keep in mind that KULR is still developing as a Company and as you already know, there are inherent risks involved with investing in early stage companies. At the end of the day, if a decision is made to invest, it's prudent to do so with respect to overall portfolio size and investment objectives.
Depending on risk tolerance and as a more conservative approach, perhaps it makes more sense to follow KULR and take a wait and see approach? Wait and see if KULR shows more maturity with growth prospects?
Good luck.
**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. As a moderator (supernova23) of this board it is my duty to disclose to you that my family has invested in KULR and that I'm personally acting as a consultant for KULR and have been compensated in shares for that role. I'm not a licensed financial professional. I have performed extensive research on the Company and believe KULR has real potential to displace conventional thermal management or "cooling" solutions for the electronics and battery industries. This is my opinion and you should always perform your own complete due diligence before making any investment decision. There is obviously risk of loss when buying or selling securities and generally even greater risk associated with buying or selling micro-cap stocks. Some real challenges faced by micro-cap companies include raising capital, increasing liquidity, attracting institutional investors, gaining analyst coverage, and general mistrust of the micro-cap market. Micro-cap companies also tend to lack in resources and often struggle to commercialize their products or services in a meaningful way.