Cool Technologies Inc (WARM)

[kayak_wench]

I am beginning to think that Nidec buying Emerson may have been the reason the talk oflicensing generator technology ground to a halt in 2016. Recall they were testing at Kato labs in Dec 2015 (then a division of Emerson). In Jan 2016 Nidec made the bid for Emerson which would of likely ended all R&D that would have required legal agreements between Emerson and anyone else. Now Kato is a division of Nidec, and from what I can tell Nidec isn't likely to license anything. Their CEO/founder is all about 'owning'. I do not see Hassett wanting to sell is company or ideas, I think he wants to own them and license to several companies (I'm not sure why he can't see companies are not going to be excited to line up and buy something that everyone else can have access too also...its like a cold war, if no one escalates the situation by licensing Cool Tech's technology then no one has to deal with the extra cost and competition of having it on the market). So it could be a dead end. Below is an interesting article on the current goals of Nidec's CEO. The publication date was prior to Nidec's purchase of Emerson. Basically Nidec is no longer a research and development company that wants to grow from technological advances, but is growing based on acquiring existing, profitable businesses. I am also pretty sure the 'global conglomerate' referenced in the S-1 is Nidec.

http://www.japantimes.co.jp/news/2015/05/29/business/corporate-business/nidecs-70-year-old-ceo-plans-run-company-15-years/#.WRh5A1KZNE4

That is my theory on abandoning the large generator application, but I am still mystified why they went from believing the pump business was the one with the greatest short-term potential (that is how they describe it on their website) and ready to take it to market, to hardly mentioning it anymore.