I can understand your skepticism given the OTC's less than stellar history (to put it nicely) of attracting "scumbag fraudsters". It's good to see the regulatory bodies cracking down on the industry in an attempt to clean house.
Aside from having to contend with the general mistrust of the OTC markets, KUTG, being newly listed, also has to deal with a lack of investor awareness. KUTG is a burgeoning company.
In general, investors shouldn't place too much importance on one or two press releases. Rather, investors should pay attention to the comprehensive efforts of a company and the big picture.
KUTG earnings are due to be reported soon (in the next week or two?). Lets see if the Company shows progress.
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