Cool Technologies Inc (WARM)

[kayak_wench]

I'm not thrilled with this S-1. They missed both deadlines for the approval of the reverse split and they took off the sentence expressing confidence in being able to beat the Wang lawsuit. The insertion of the expectation of revenue is interesting, but I can't really consider it a positive because they had a sentence in every single quarterly report up to the Nov 2015 indicating they hoped or expected to begin generating revenue typically 2 quarters out. Nov 2015 had a reference to generating revenue in first have of 2016. That is definitely not how 2016 went!

It didn't sound to me like the S-1 1/a was to update us that they have been delayed with getting approval of stock with their default on the 150K convertible they are trying to work out.

On the other hand somelse likes it because there is some solid buys today at 0.1. So here is hoping my negative take is off base.