Monday, November 16, 2020 4:45:52 PM
"We are still in the early stages of business growth and development of customer relationships which typically begin on a project by project basis, leading to limited volume trials and eventually, product sales. As a result, in the absence of a large installed customer base, our sales can be lumpy and vary from one period to another, however our customer pipeline has been strengthened from 13 customers during 2018 to 28 customers during 2019."
Rome wasn't built overnight. If and when the Company converts product development stage relationships into established volume production deals, revenue growth will follow. Stay tuned.
**Disclosure: This information does not constitute an offer to sell or a solicitation of offers to buy any securities of KULR. As moderator 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.
Recent KULR News
- Form 8-K - Current report • Edgar (US Regulatory) • 09/16/2024 12:30:18 PM
- KULR Releases New KULR ONE Space Presentation, CTO to Participate in Upcoming Live Reddit Q&A Discussion • GlobeNewswire Inc. • 09/16/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/10/2024 12:30:16 PM
- KULR Receives up to $1.5M Satellite Battery Systems Order from South Korea’s Nara Space for Artemis II CubeSat Mission • GlobeNewswire Inc. • 09/10/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2024 03:01:21 PM
- KULR Releases New Investor Presentation • GlobeNewswire Inc. • 08/28/2024 02:47:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/21/2024 12:30:18 PM
- KULR Changes Designation of Principal Executive Office to Texas, Announces Leadership Transition • GlobeNewswire Inc. • 08/21/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/20/2024 12:30:13 PM
- KULR Partners with Amprius Technologies to Develop Reference Design to Enhance Battery Safety and Performance in Advanced Air Mobility • GlobeNewswire Inc. • 08/20/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/12/2024 08:56:54 PM
- KULR Technology Group Reports Second Quarter 2024 Financial Results • GlobeNewswire Inc. • 08/12/2024 08:15:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/12/2024 08:14:35 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/05/2024 12:30:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/08/2024 12:00:20 PM
- KULR Lands Initial $400K NASA Contract for Automated Battery Cell Testing, $2M in Total Orders Anticipated Over Several Quarters • GlobeNewswire Inc. • 07/08/2024 12:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 01:30:09 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/03/2024 12:00:18 PM
- KULR Announces Expiration of SEPA Facility and Compliance with NYSE Guidelines on Audit Opinion Disclosure • GlobeNewswire Inc. • 06/03/2024 12:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/31/2024 09:14:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/29/2024 12:30:17 PM
- KULR Experiences Fast-Growing Demand for Next-Gen EV Battery Safety and Testing Solutions with Order from Top Japanese Automaker • GlobeNewswire Inc. • 05/29/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/25/2024 01:30:16 AM
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