 What's up money geeks Mr. V here welcome to another video into this video we are going to talk about ticket symbol KULR cooler technology this is a company that we've called right here on the channel we've talked about it I mean in the past again we'll talk about it because of the particular industry what the company does and at this stage in which the company is currently so I wanted to bring these guys to your attention so that you can at least see if this is an opportunity for you to jump in we'll talk about that into this video but before we get started guys if you're new to the channel we talk about how to earn money how to save money how to invest and build wealth so that's something that interests you go ahead and hit that subscribe button any notification bell so you don't miss out on new content so when it comes to cooler technology again this is a company that we've covered here on the channel so you guys are no strangers to this particular company cooler technology is in a unique space of its own because of their product line cooler technology basically helps company that deal in most of the EV stuff like lithium batteries they help to build materials or build technology that helps protect these batteries one of the main common product that they actually put out there was sending the rover to Mars so they actually built the protective casing that the lithium battery that powered the rover was actually inserted into so it's a really good technology and again if you look at it from the perspective of where things are shifting they're talking about EV more so everything becoming electric all that means lithium battery on itself it's very combustive so you have to protect it so if it's flying of helicopters or planes or anything that uses lithium battery you want to make sure that you protect that lithium battery so that's where cooler technology comes in and so this company is still at the very early stage of their development so for most people that are not familiar with them I'll say go do some a little bit of research about them that way at least you know exactly what this company does so in the past we've talked about the company and we've seen the company actually go you know make some moves on the upside as far as their the stock and then back to the downside as far as the stock so recently cooler technology was actually in the news so I mean I'll probably bring that up here so you guys can see so recently they were in the news because they actually have this offer or they've secured a one million dollar contract from age 55 you know again this is this is the things that when I look at and I see that they are getting these contracts coming your way I see like okay people are suddenly recognized that this company is doing something good so they have that contract which if you look at translated to the stock getting a boost in the market which we're going to look at here shortly but one of the most important things that happened to the company this year is the fact that the company itself retired all the outstanding Yuckville debt so I think I do have that here if I can pull it up because this is this is this is a really important thing very very important because for a company to be able to retire their debt I think it's just it's just outstanding so here's the information that they put out so on March 27 2024 cooler technology group issued a press release announcing that all outstanding debt amount owed to Yuckville advisor have been retired in accordance with their terms which means that this company is sitting in a really good financial position I mean their financial future is bright just put it that way so this is this is awesome again if you look at some of the things that they've done here again this is just as of April second this is where they actually had that that million dollar contract so on April 2nd 2024 cooler technology issued a press release announcing the company had entered into a contract with H55 Inc to supply cooler unique thermal runway shield TRS within its propulsion system so again this is the stuff that coos batteries for companies that use a ton of lithium battery so if you can see here this material that goes around the battery they build that to keep these these batteries protected just in case there's any combustion so that that's how they were I mean they got that contract in if we just go back here to their to their side you can see some of the companies that work with I mean mostly NASA in this case which is that rover which they help protect the lithium battery that powered the rover that went to Mars they have Lucky Martin which is another big company Department of Transportation obviously because they're shifting towards electric vehicles and like EV and clean energy you're going to see a ton of lithium batteries and these lithium batteries like I said need a protection and then obviously the federal aviation administration so those are some of their key customers as you can see these are big players in the space especially if you're dealing with Lucky Martin because they do a lot of government contracts department of transportation I mean when it comes to you having contracts with the government you know for sure you are always going to get paid federal aviation you know for sure you're always going to get paid so I'm excited about where cooler is going as a company so let's take a little bit here about our kind of their earnings compared to what's coming up one key thing I want to bring up to you guys is the fact that let's just go back to your announcements here just so we don't forget as of April on April 12th they are going to do their quarterly earnings and this would be the full quarter of 2023 they're going to do that that call after hours so April 12th 2024 at 4 30 p.m. Eastern time so they're going to do that call I think this is very very important because they're going to talk about this new contract they're obviously going to talk about retiring the outstanding debt and then that's going to really shape the future of the company from a financial standpoint so one of the things I wanted to show you guys here is if you just look at your earnings the past Liz is 2021 all the way to 2023 you can see the earnings it's just it's been all right I mean I wouldn't say it's been terrible let's go to their revenue here look at revenue has been growing since Q1 of 2022 the revenue has consistently been going up so again here for Q4 of 2023 I'm anticipating that the revenue would go up and then come Q1 of 2024 we might see a significant bump because of these new contracts that they're getting right now so that is something that I want you guys to to keep an eye on so now let's just kind of take a look at the stock itself and see what this stock has been up to so if you guys remember I think we started talking about this stock back in 2020 maybe I gotta go pull the video out for that but if you see where we started talking about this stock it was trading at about a dollar 50 back then since then it squeezed up to a high of close to four dollars in in just right there towards the end of 2021 and then obviously 2022 you I mean all tech stocks really did pull back so that massive pullback you can see it is all of 2023 it just kept going down and then 2024 you can see even here came down all the way to about 10 cents and for me because I have this company and I'm holding it long term it didn't really bother me I just kept buying and then now it looks like it's starting to squeeze back to the upside so for for long-term players again the reason why I like this stock is because of the industry in which the company is we're going EV direction we're going electrification all that lithium battery needs protection so these guys are obviously going to have a ton of customers and then the other thing that you want to look at too is that it's a company that is still in the very early stages so you're not coming in in a company that's already established and when I mean established in terms of revenue and everything so here we're still anticipating that again the revenue is going to grow over time as they onboard more and more customers so that's why I'm excited about this I keep buying it so for me anything with this particular company as long as I have the money if it stays under a dollar I just keep loading up and loading up because if we can just take a look here and this is again from the early days when the company actually went public at a high of four dollars and 25 cents you can see there but for me my target would probably be around that 350 3.5 right here that would be a good target for me to start looking at even maybe take some profit if it comes to it this is something that I look forward to and I think for those of you guys that don't have an exposure this would be a company that you want to put on your radar again number one the company is in a very unique space again that's where they're pushing if you see most of the car manufacturers or even the government is pushing that we should go EV which means that there's going to be business for them number two the company again is still at the very early stages of growth if you can see this the company hasn't had a ton of growth so from here it can only go up and then you start to see they're bringing in more customers and getting that exposure and the more customers they onboard the better this company is going to be for us so that is why I am right now still buying cooler technology if you guys I've been posting on on my my channel not not videos but just on under the regular post site I'll put images and just kind of talk about it when the stock was squeezing so we've seen some some movements or like from this 10 cents it went up to 50 cents and then pulled back a little bit and then went up to I think a high by 80 something cents before now sitting somewhere 70 but again like I said anything under a dollar I am still loading up my goal is to maybe if I can get to 100,000 or 200,000 shares of this that would be a really good place to be so I'm just slowly but steadily picking up the shares as we go as it drops I try to buy as much as possible the beauty about it is that the stock is still kind of a penny stocks or I love the fact that I can for my little money that I have I can buy a ton of shares and just just sit on them and wait as a company grows so let me know in the comment section what do you think about cooler technology is this is a company that's on your radar if you do own any shares of cooler technology what's your game plan what are you thinking you're holding long term or you think you're taking some profit at some point let me know again in the comment section in as always guys always do your due diligence this is I mean I can give you guys I do the research I give you guys but it's always good for you to kind of see go and look at the company just go even if it's on Twitter like I can see here they have go to your Twitter account and just look at the company and see what people are saying about it just read and understand what this company does it really does help you become a better investor you're not just following so I'd love for you to take make the initiative to kind of do some of some of that research again guys that is my thing let me know get in the comment section what you think and as always like share subscribe and I'll see you in the next one