Many NIA members keep asking us about this company we never heard of until a few days ago: KULR Technology Group (KULR).
KULR has done a great job of marketing their company and creating a lot of hype. In all likelihood, most people buying KULR are smart enough to look at it for what it is... a momentum play to capitalize on the hype and memes. With KULR up by 4,000%+ in recent months to a $1 billion+ market cap we hope that any KULR investors with eight figure profits are smart enough to take those profits before they disappear. If you are up on KULR and roll those profits into One Stop Systems (OSS) you will probably profit another 500%-1,000% in the upcoming weeks.
In KULR's latest 10-Q it shows that the company raised $3,431,090 in 3Q 2024 for 12,822,356 shares issued at $0.2676 per share. It also says they raised another $4,319,699 for 13,045,200 shares issued at $0.331 per share during the period of October 1, 2024 through November 12, 2024. The stock is now $4.66 per share in part because they announced plans to invest 90% of their cash into Bitcoin and people assume any company that announces such a plan is guaranteed to rise like Michael Saylor's MicroStrategy (MSTR). That's all you have to do is buy Bitcoin or some centralized altcoin like Solana and your stock automatically becomes a billion-dollar market cap company. Last week, KULR spent $21 million to buy 217.18 Bitcoin at a price of $96,694 per Bitcoin. This $21 million purchase of Bitcoin added $400 million to KULR's market cap.
KULR also claims to have developed some type of battery technology that operates in harsh environments similar to how One Stop Systems (OSS) has developed market leading rugged AI servers and supercomputers that operate in harsh environments. If the market is valuing KULR's unproven battery technology at $600 million it bodes extremely well for OSS, which should easily become a 10-bagger in the upcoming weeks from its current enterprise value of $60 million especially considering that OSS is generating 5x larger revenue than KULR.
If we had a choice to own 100% of KULR or 100% of OSS we are definitely going with OSS.
NIA's President previously dropped out of college at the age of 18 and began working daily alongside the CEO of a publicly traded technology start-up that was developing a "Smart NanoBattery" through a joint venture with Bell Labs arguably the most famous and influential research lab in world history having invented the transistor, information theory, radar, laser, and solar cells. It is extremely expensive to develop and commercialize a breakthrough new battery technology. We doubt KULR has developed anything novel.
If KULR was serious about commercializing its battery technology, it wouldn't have purchased Bitcoin with its cash it would be spending it on R&D.
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