Smallcapvoice.com, Inc.

2020 3rd Quarter Shareholder Update Call

Informações:

Sinopsis

KULR Technology Group, Inc. (OTCQB:KULR) shareholder update call for 4:30 PM EDT from Tuesday, November 17th, 2020. Michael Mo, KULR's CEO, answers questions and provide a business update for the Company. Third Quarter 2020 Financial Highlights: Third Quarter 2020 vs. Second Quarter 2020 Raised $2,300,000 of gross proceeds from issuance of notes payable, net of commitment fees, of which $375,000 was subsequently repaid; Raised $1,395,000 of gross proceeds from the issuance of common stock; Increased cash balance by over $2 million to $2,809,656 at September 30,2020 from $767,906 at June 30, 2020; Increased shareholder equity by $417,779 since June 30, 2020; and Revenues of $136,849 declined from $201,128 in the previous quarter as a result of supply chain delays in sourcing and delivering materials. Third Quarter 2020 and Recent Operational Highlights Partnered with a global electronics and battery manufacturer to build Internal Short Circuit (ISC) battery testing technology and to license KULR's thermal runa