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Friday, 04/28/2017 11:52:18 AM

Friday, April 28, 2017 11:52:18 AM

Post# of 5731
So Kayak I agree with what you are saying. They mentioned "new partnership" and "revenue" within the live demonstration but it's nothing we can really work with as investors.

From what I could tell it appeared as if they did the "live" demo before the actual Craftsman Anniversary event. (They mentioned they would be doing it again later). I believe Cool tecH decided recently that they wanted to have a tangible video, taking you through the basics of their MG product. The live demo was exactly as I expected... it's a shame they didn't seem to have any orders to this point, however they covered what they needed to. Potential customers haven't been reading cool techs website for years like we have so this demonstration needed to cover the basics. I think we were optimistic to think that Craftsman would pre-maturely agree to a partnership. They still have a month of testing and probably want to see how their current and prospective customers react.

We can go on and on about Cool Techs history however they haven't had a live demonstration of their product until the January 2017 auto show. I believe they brought a "pamphlet" to an auto show in 2015/16. MG has always been a revenue idea of theirs, but not a clear focus. They were always spread too thin with other Verticals (Pumps, Motors, etc). Now that their backs are against the wall and they need revenue to implore their other technologies. So they have been focusing solely on the MG. It's pretty simple at this point. If the MG technology doesn't cause weird power variances and it is IN FACT less expensive, we will get a partnership and revenue. For experiential marketing I think the customers don't care as much about the weight and size as much as the cost.

Trust in Hasset, RIDE. THE. WAVE