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The American nuclear sector announces a significant improvement in its financial results in the third quarter

The American nuclear sector announces a significant improvement in its financial results in the third quarter

LOS ANGELES, Nov. 19, 2024 (GLOBE NEWSWIRE) — US Nuclear Corp. (OTC: UCLE) is pleased to announce that it has made significant progress in reducing its current liabilities by more than $3 million in the 3rd quarter, while forecasting an increase in profitability of more than $1 million. dollars of 3rd quarter 2023. Results will be published on 3rd quarterly results later this month.

Along with these efforts, the company increased prices by 5.5% starting this month and launched a cost-cutting program to reduce expenses by 15%, or $100,000 per quarter, to facilitate the return to profitability.

Chamberlain Capital Partners has been retained to assist in these efforts by raising additional capital to fund increased sales levels and introducing marketing programs that will educate potential customers about the company’s 50-year history in the field. nuclear surveillance. New initiatives will introduce monitoring devices that can identify and monitor the worst emitters of methane and carbon dioxide among the population of 5 million uncapped and abandoned oil wells in the United States.

In 2025, the company will introduce monitors to monitor the level of PFAS “forever chemicals,” a health threat zone estimated to be several times larger than those created by asbestos and tobacco combined.

For sales and product information, call Bob Goldstein at (818) 472-7071 or email Mark Kohn at [email protected]. For more investor information, call Jack Lennon at Chamberlain Capital (508) 360-8407 or [email protected].