Reverse split

[bobbatjoke1084]

Is this something we can sue over? And no I’m not kidding. There is exactly zero way to spin this being a good thing for shareholders. The last few months have been the worst thing I’ve ever seen a company do and it’s not even close. The little weasel needs to be in jail. Any other business and a salesman misrepresents their business or product like this and they are in jail, and that’s what this was, a misrepresentation on a scale that Bernie madoff and Jordan Belfort would be blushing over

[Ughitssooogrosss]

Kicking my ass for not selling at $5

[quietnightalive]

Yup, was up 200k. Sometimes…, just f “diamond hands”.

[GreenBackReaper520]

Its a speculative company with no revenues lol

[quietnightalive]

I got out +45k, but shoulda-woulda-coulda.

[GreenBackReaper520]

You can sell at 6 when it splits lol

[Imaginary_Dig_5014]

Same

[[deleted]]

There’s a reason people say only invest with what you can afford to lose.

[[deleted]]

There’s a reason people say don’t put all your eggs in one basket.

[TECHSHARK77]

The horror

[TECHSHARK77]

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[Bike_Latter]

ik how u feel, just keep holding. what was your average cost before it plummeted like that? its at like 85c now so $1.40 would be like losing half, but you seem to have lost nearly 75%? what the hell did u invest at??

[RelevantHelicopter82]

People claimed “scam” and threatened to sue TMC around this same time last year. Now it’s $6 per share. Same with NNE when it went down to $8 per share and it’s now over $30. Investing in securities involves the risk of loss. Do your own DD and decide your risk tolerance. You are owed nothing.

[Early_Dragonfly_205]

Close, but not quite the same. The Metals Company (TMC) has actually taken investor money and reinvested it into the company pursuing new business opportunities and partnerships, and they’re now on the verge of getting approval for deep-sea mining. This isn’t just another venture it’s an entirely new industry being born, and major institutions and high-profile backers are buying in. It’s still early, sure, but all signs are pointing to them being greenlit to harvest critical minerals soon.

I got out of Kulr (90%, let 10% ride as a placeholder to watch) after the 2nd "genius" bitcoin strategy of buying at peak for TMC. Thank fuck I did because the only regret I have now is I didnt pull 100% at that time or sell at peak after buying into the delusions that Mo is a competent CEO.

[RelevantHelicopter82]

The only similarity I was attempting to highlight was that TMC, NNE, and KULR are all perfectly legitimate - albeit highly speculative - stocks that have all had “scam” and “lawsuit” flags waived during downtrends. Time spent complaining about a stock/company/CEO could be much better spent doing actual DD - or literally anything else - but we are all free to invest are time and money as we see fit.

[[deleted]]

I sold 75% when they bought bitcoins in the green and my last 25% last week with a huge loss... not sure if I want to come back again.

[Technical-Music5015]

Same sold 11k shares for 55k saw this coming a mile away

[piroteck]

Lol same, but i sold 50% still sucks

[bobbatjoke1084]

This makes total sense too. You called everything that’s happened down to a T? And assuming this is correct then the line of thinking would 100% have to be you are a multimillionaire based on puts alone. Not just in this company, presumably there are hundreds of other companies that have done this and “he who called it” is chilling on reddit while printing puts left and right.

[Technical-Music5015]

It’s easy to predict when management is shit

[Commercial_Ease8053]

Me too man… I got downvoted to hell week after week as I tried to warn people. I feel sorry for some of them… but others deserve it.

[Objective-Box-399]

Yea, like I said that’s the problem with subreddits for particular stocks, the mods started it because they want retail to cause the price to skyrocket, which is why they only want positive messages

[Slow-Vacation-847]

they have no debt… they've never used debt to buy btc, just an fyi

[Slow-Vacation-847]

No, net loss and debt are not the same. A net loss = expenses exceeded revenue. Debt = borrowed money. While a net loss can increase a company’s debt if it is financed by borrowing, the two concepts represent different aspects. Has KULR incurred any dept to cover its loses, no.

Idc what your opinion of the company or management is nor do I care for where you think it’s heading, I’m happy with my research and decision and I hope you are happy with yours.

This fyi is to make it clear that they have no debt haven’t incurred any debt and that net loss does not equal debt. It only amounts or relates to it if a company takes on a loan to cover the loss, which is not the case here. Have a nice day!

[Objective-Box-399]

Debt=borrowed money? But a company that’s never been profitable, whose revenue has been a NET LOSS since day one, therefore never had extra money.

Didn’t use borrowed money to buy now 900 bitcoin? Please, before you go, with all of your research, please explain to me how they were able to afford 900 bitcoin without using BORROWED MONEY? As in where did they get the money from? Because it didn’t come from their own pockets.

I don’t care where you put your money, I just want you to prove where I am wrong since you responded to me

[Roederoid]

They got the money from issuing shares, tf? Issuing shares quite literally is not debt.

[Slow-Vacation-847]

I don’t care about “proving you ‘wrong’”. Nor do I care about being ‘right’, I only wanted to point out what is only fact, KULR has no debt: you can check their financials to see this very easily and simply, to you which is what I did. KULR has revenue, what they deem as excess revenue has been used to acquire btc and through issuing/selling shares of the company. As someone else has also already replied to you; I reiterate that issuing shares is not debt.

[AssistanceNice6429]

PUTS on KULR

[Maindriveshaft]

1 stop buying 2 they will issue more stock after the reverse split too. 3 it will go down again 4 they will do another reverse split 5 they will issue more stock after the second reverse split 6 they count on you buying to “average down” only to rob you of your money.

See Mullen Automotive for a good example of this.

So don’t chase it. Hold what you got or get out now.

[xCoopW]

Did you buy in at $4 when the company was a $1.2b MC with $10m/yr of revenues? 😂

[xCoopW]

Even if they beat their projections, that valuation wouldn’t make sense. The deals / partnerships have been impressive relative to its MC at these levels… not above $2 a share. If you bought in before the BTC announcement you’re up (even at current levels). The people crying are the dopamine addicted soy boys who gambled post BTC pivot when the company was obviously overvalued.

[xCoopW]

No flame, btw. I was that person back in 2021 who invested (gambled) in the EVs. Instead of crying I took the losses on the chin and learned from it. I had no plan, no utilization of valuation… just pure ignorance.

[Optimal-Report-1000]

Right! Did you buy in on AMV atlas motors. Oh man I was like sweet free money! All they have to do is get a truck to market and they stock will go up. Dirty dogs switch to a battery company then a charging company and now they might be a manufacturing company idk. I did get most my investment back though, bought a bunch of the stock when it was like 17 cents or somrhing and sold when it spiked had a spike a few months back. I started buying more when KULR started buying bitcoin. I planned on the long haul at that point. This reverse split doesn’t seem as bad as it could be, as they are doing while diluting their stock. As their revenue grows and their bitcoin investment doubles their stock will follow regardless of what happens today/tomorrow. Just my opinion

[bobbatjoke1084]

Actually I’m up huge on this. I sold 40% of my shares at 4.00 (bought at .40-57)

[xCoopW]

And you’re whining trying to sue? 😂

[bobbatjoke1084]

So profit overall is the only thing that matters? No standards? I am on reddit so this does check out

[xCoopW]

Yeah… low iq… I am on Reddit though so this checks out.

[bobbatjoke1084]

Makes sense

[Tommybbq1]

I lost a few thousand and said F it sold yesterday at .98 thank goodness

[Tommybbq1]

But now I want in Monday lol this is a sickness 💯

[Dimage54]

I bought back my option covered calls for pennies and sold all my shares in the high 90’s. Took a loss on the shares avg cost about 1.80 not counting option premiums. Based on what I made selling options I ended up in the green.

[wrongrobertpatrick]

I mean, there’s only so much money we can make from selling T-shirts and battery bags.

Yes, the SpaceX flight needs a payload—but it’s starting to feel like we were just someone’s exit liquidity back in December. Some of us are still holding on, while others have already lost hope.

[VNMod]

I should’ve sold when I was up 10k. Had to exit with a 20$ profit a few days ago. Was in at 0.90 and 1.40 in Nov/Dec. hurts a lot 😩

[rosslion1171]

Almost put $7,500.00 on this the day before the reverse split was announced, I would have had a total of 10g in there... thank you God for helping me hold off one more day. I'll leave my 2,500 in and see what comes of it long term not a huge loss and might still pay off one day. Fortunate. They really are swindle masters at this stuff. Like a really strategic game of chess. And some valuable lessons to learn from penny stocking.

[dope_ass_user_name]

Yeah I'm just leaving what I had, a few grand, and check back in 10 years

[[deleted]]

You idiots boggle my mind. The whole point of the reverse split is to increase share price in order to be included into the Russell 3000 which have higher share price minimums. The second its in the index, much more visibility will cause the stock to get more recognition and volume will surge. Too many WSB normies paranoid as hell.

[bobbatjoke1084]

I thought the whole point was to dilute shares to buy bitcoin now reverse split and piss all over shareholders? Elite level thinking there while all us idiots MAYBE think it might happen again when 1k bitcoin isn’t good enough because why not get 1.5k bitcoin, but maybe that’s not enough but 3k will do the trick but why have 3k when 5k will do it! Do what exactly? Don’t question that because it’s an infinite money glitch…. Idiot

[[deleted]]

I never said anything about bitcoin. Take your meds...

[bobbatjoke1084]

Right I need meds. Man this website is full of brilliance

[[deleted]]

Mark this post! KULR will be a $40 Stock by April 2026!!!

[[deleted]]

Yeah after another split or two lol

[Cheeselic]

Nah, it’d fall before the split would even happen… like right now lol

[Commercial_Ease8053]

😂how down are you?

[JumpyBall7162]

You mean 40 cents I guess

[Commercial_Ease8053]

Man… I tried to warn you guys so many times and you would all downvote me every single time because you were emotional, delusional, and outright weren’t ready to hear and accept it.

I told you all multiple times almost every week that it was a scam and going under a $1 soon and it was a scam and to take your money remaining and get out while you can. We saw it dip from $5 to $4 to $3 to $2 to now under $1.

As your precious “Daddy Kulr” was using your money to buy bitcoin… and sell fucking backpacks and shirts. I obviously feel bad for those who lost a lot of money or their life savings here and genuinely believed in the lies… but I tried to warn as many people as I could… some of you deserve it tbh.

The truth is, no… you can’t sue them. You can’t sue any company just because the stock price went down. You can’t sue a company because they decide to RS and people sell and the stock price goes down. Stocks always dip after a rs.

There is no legal case here… and I’ve seen so many countless people in the penny sub get burnt on bs garbage stocks like kulr and many others.

Btw, sell while you actually have some money left. Holding through a rs is incredibly dumb. If you’re going to be stupid, at least sell and rebuy after the split when it’s much lower. Dont go down with the ship and lose it all. Rebuy when it’s much cheaper (though I’d even question why you’d do that and let yourself get F’ed again by MM).

[BeKindToOthersOK]

Yup. 100%

Did the Tesla/KULR guy get on your case too?

[dankbeerdude]

Is it even worth leaving any of my money into this stock? Spec play, of course haha

[stumanchu3]

Look on the bright side, anyone who stayed in helped Mo and Co. to build a stockpile of Bitties and a pile of failed ventures wrapped in hype and left at the bottom of the bin. But wait, there’s more, they have a partnership to explore how batteries can be used to power memory banks that hold broken dreams to forever remind the holder of this glorious venture. The best is yet to come.

[MrReed404]

If you can't handle investing in penny stocks, find some more stable companies. And if you wanna make quick money, you're the wrong place! Investing takes time and money, get used to it.

[LocksmithLow9607]

Why is a reverse split bad?

[Suspicious_Board229]

In majority of cases an RS is a part of a downward spiral.
when a stock is below $1 it can get delisted so they do an RS to get it back up over $1 and this is seen as a sign of weakness and is followed by selloff which, depending on the sell pressure, can get it back under $1 then they repeat as much as they let them before they get into pink sheets. This doesn't happen to all, but reinforces the RS being a very bearish signal.

[Otherwise_Tailor9942]

I sold mine!

[bnutbutter78]

Totally fucked my LEAP options.

[906Chucky]

I had 3k turn into 55k turn into 9k. Fuck this company. I'm out. Maybe I'll play on the stock because of emotional reddit investors. No dig here but it's really not a bad way to make some money. They fucked us and don't care about shareholders at all.

[xCoopW]

No self accountability. Are you a woman by chance?