KULR Technology Group Inc (KULR)

[supernova23]

No problem SF. I suspect that Brimstone's bag was used as an added layer of protection with TRS doing the real heavy lifting. I also think Brimstone is deathly afraid of becoming obsolete if and when KULR's containment bag tech really takes off and they decide to go after their market space. It's also worth noting that Brimstone provides heavy duty containment bags that are quite pricey to manufacture. KULR recently partnered with Americase, who makes one time use packaging (bags) for shipping. The cost of these bags are ultra cheap compared Brimstone's solutions, yet with KULR's tech the job gets done. If KULR is capable of commercializing in this space, imagine what they could do in Brimstone's space on pricing alone. KULR offers a superior product at a much much lower cost point.

Also, it is interesting to note that Brimstone made their press release soon after KULR's PR, so it's likely that they did so out of fear of losing customers. KULR is going after many markets, and focusing on much bigger markets than containment bags for the airline industry (Brimstone's bread and butter). This is just my opinion, but I honestly don't think Brimstone is much more than an afterthought to KULR right now. Their focus is on much bigger game and are hard at work to accomplish their goals.