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hawkshaw812

04/12/24 4:56 PM

#7435 RE: 4retire #7434

Awesome thanks for sharing

4retire

04/12/24 5:07 PM

#7436 RE: 4retire #7434

Good things going on in KULR land. Talked a bit about recently retiring all of their debt and what a strain that was on management and operations. I’m a little concerned with cash on hand number and GP percentage declining. Obviously on one off’s as you’re engineering, designing, building the prototype, testing and validating first article items……profits will be depressed versus bulk manufacturing. That should alleviate as it goes into production. Normal thought, to manufacturing is between 12-18 months