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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 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
- Form 8-K - Current report • Edgar (US Regulatory) • 05/23/2024 12:30:28 PM
- KULR CEO Michael Mo Reduces Cash Salary to Better Align with Shareholder Value Creation • GlobeNewswire Inc. • 05/23/2024 12:30:00 PM
- KULR Secures Test Engineering Contract with Bombardier Recreational Products • GlobeNewswire Inc. • 05/22/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 08:15:21 PM
- KULR Technology Group Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 05/15/2024 08:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2024 01:11:18 PM
- KULR Adds United Parcel Service to its Battery Safety Shipping Platform, Forms Strategic Partnership with Safeware for Online Marketplace • GlobeNewswire Inc. • 05/13/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/10/2024 08:16:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/07/2024 12:30:17 PM
- KULR Technology Successfully Completes 200 Amp-Hour Battery Fractional Thermal Runaway Calorimetry Test for EV Customer • GlobeNewswire Inc. • 05/07/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 12:30:46 PM
- KULR Technology Group Regains Compliance with NYSE American Continued Listing Standards • GlobeNewswire Inc. • 05/06/2024 12:30:00 PM
- KULR Technology Group Lends Battery Production Infrastructure for Rapid Support of NASA's R5 Program • GlobeNewswire Inc. • 05/02/2024 12:30:00 PM
- KULR Technology Group and Amprius Technologies Form Strategic Partnership for Advanced Battery Packs • GlobeNewswire Inc. • 04/30/2024 12:30:00 PM
- KULR Delivers Immediate Power Cell Battery Deployment Order for AI-Enabled Drone Missions in Ukraine • GlobeNewswire Inc. • 04/23/2024 12:30:00 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM