Is KULR Worse off Financially than We Think?

Like most of you, I caught the hype train that was KULR penny stock breaking $1 last week. As a new investor, and especially new to day trading, I was elated to have caught it at $0.76, and was excited by all the great news we seemed to be getting. Now, a week later and wiser, I fear the hype train I was on was taking me to the wrong station.

After researching a bit this week, I learned about the supply/demand economics at play with Float Shares and Volume. Theory suggests that when supply exceeds demand, prices fall and vice versa. A quick check on Trading view shows that KULRS outstanding (float) shares exceed 190M, while active volume today is at 26.5M.

For the experts in the room: what’s your opinion on this information? Should we be worried at the large divide from these numbers as it could indicate the company needs to raise capital desperately? Especially given the dilution news.