KULR Technology Group Inc (KULR)

[Scumbag Fraudsters]

Daaamn!


Made it through an entire week without the price falling below what I paid.






Thought about taking profits in the $1.05 range and re-buying, but wasn't sure I could get more .80's.

I'm not sure the PR was impressive enough to hold the line over .80 for the next quarter though, and the dilution doesn't help.


And if I read correctly, for the next 2 years we have to worry about 8 million dollars in shares being bought for 20% less than we could, and then those shares being dumped back on us at full value (no mention of a lock-up period).

Effective Feb. 27, 2020, the Company entered into a 24-month Standby Equity Distribution Agreement ("SEDA") with an investor, pursuant to which the Company may, at its discretion, sell up to an aggregate value of $8 million in shares of the Company's common stock at a price equal to 80% of the lowest daily volume-weighted average price for the five days immediately following the date the Company delivers notice requiring the investor to purchase the shares under the SEDA.