Cool Technologies Inc (WARM)

[Sj7171]

I hope they do respond, but it seems they can't anything done for years now. They keep waiting for their non-dilutive friend to fund them, but that appears to be going nowhere. Tim made a huge mistake relying on this type of funding. It has cost the Company hundreds of millions of shares and no patent or truck for demo.

Very, very bad management and decision making.

[kayak_wench]

Cool tech has to respond to the rejection in 6 months. The patent was rejected on 11/29/2022. So they need to respond by end of May 2023. So its the end of next month. But the uspto updates seem to lag by a couple of weeks so I would check back in early Jun, mid Jun, and late Jun. There should be an response by late Jun posted or they will likely have missed the deadline. Once they respond the patent office usually responds in 3 months or less to the rebuttal to the non-final rejection.

It takes them a super long time to respond to the initial claim. Patents get to reviews a first review, then they respond, then a second review. If the second review fails its considered a 'final' rejection, but companies can then appeal and the first review after the appeal takes a long time because its considered an 'initial' appeal again.
Confusing, I know!

[drtc]

Epaz seems like another Ponzi

[drtc]

Epaz seems like another Ponzi

[drtc]

So they have until next month?

[kayak_wench]

Patent not dead!
Sorry guys I apparently copied and pasted their old number when I decided to check on it it. I keep notes on patents of investments and in those notes I noticed this morning that their latest patent wasn't submitted until summer 2022 so what I looked at last week was not the right number.

Here is the link of their latest patent. WARM has six months to respond to the first rejection which they only just got in late Nov 2022.
https://patentcenter.uspto.gov/applications/17873979/ifw/docs?application=

Sorry again, I'll mind my business about WARM since I'm not invested. Still hoping everyone gets a chance to get a little if not all of their money back.

[Frank1967]

Epaz stock is where to be!

[Frank1967]

Hi kayak ,nice to here from you! Thank you for the info.

[kayak_wench]

I was checking other patents this morning and saw a note of WARM's patent application they filed in 2018. I've been out of this stock for a few year but I got curious. For awhile I felt WARM's ability to move forward was based on whether they could secure the patent for the mobile generator technology. I think they have finally given up on that.

Looks like there last attempt failed last summer...with an abandonment after another final reject.
https://patentcenter.uspto.gov/applications/15965111/ifw/docs?application=
The abandonment was in early Aug so if they had immediately submitted another attempt (which they did twice in the past) it would of shown up in Feb as published.

I searched for a new application and didn't find one. I did find however, that Mark Hodowanec (the lead inventor of most of WARM's patents) has moved on and is now submitting patents with a relative (probably son...based on Mark's age). But it is in an entirely different technological area. Point being I think Mark is done with trying to get the mobile generator patent approved. Without his input I don't think Tim has a chance. He wasn't lead inventor on anything meaning Mark was the brains and Tim the pitch guy.
https://patentcenter.uspto.gov/applications/17714712

[esi23]

Agree. Tim is a bumm. Conman. This is going to zero or RS

[ChicagoBoy]

For the next two weeks, I would suggest that anyone who thinks they want to buy stock should just write a direct check to LGH for 10 percent of the total purchase price. Eliminate the middleman and avoid the misery of owning this stock as it has ZERO chance of going up. ZERO . As for Mr CEO, borrow a spine from some one you know who has one and make a statement. Anything. Just say what we all know. I’ve used your money for the last eleven years to fund my lifestyle in retirement. SUCKAHs

[drtc]

Yeah that’s all bad news. .0045 today is also bad news.

[Sj7171]

Get ready for more convertible debt. Based on the last 10-Q filing, there were three different convertible debt notes issued on 8/1/2022, 9/21/2022 and 10/24/2022. They can convert after 180 days. I don't think anything prior to those are most likely still around since there has been some spikes in volume, but who knows. Since the convertible debt holders are friends of the Company and Tim, they definitely are converting, lol. Tim is always the smartest guy in the room, not!

[Sj7171]

More on dilution.

12/31/17=152 million shares outstanding
3/17/23=706 million shares outstanding

Average of 90 million shares per year being issued. No dilution is a joke.

[Sj7171]

Key word = "lies". That is what it has been the entire time. Along with incompetence by Tim and his crew. Not even a truck out the door after all these years. Working on non-dilutive debt that has diluted the Company by hundreds of millions of shares. What a joke!

[Frank1967]

Sell the company merged with another company keep the company sell the patents fund 10 $15 million which is not very hard to do and get the truck out the door update shareholders take a picture of yourself and post it on the website so we know that you still alive Tim if you are still alive maybe you should take a step forward and do something because something is always better than nothing. I’ve been a shareholder since 2011 what a disappointment so many lies. Pull the plug in and this man.

[esi23]

Tim has been on vacation for years time to quit. Get a real CEO sell the shell. Waste of time

[ChicagoBoy]

Take the “H” and the the “ett” out of Hassett and all you have left….

[Tizy]

Take the l out of lover and it’s OVER

[Frank1967]

Just pull the plug and end this ! To little to late! What a joke.

[esi23]

It looks like they are trying to keep it above 01 for some reason. Let’s crush the bid

[esi23]

Tim is a piece of dog doo… what ceo says nothing for two years. Unreal

[ChicagoBoy]

Just curious as to WTF the CEO does. Not a single piece of news in two years. All filings are just cut and paste hack jobs. Can’t even tweet about something. If there is karma, our CEO will get hit by a competitor’s mobile generation truck.

Just absolutely pathetic. FTX would have been a better investment. At least you can follow the utter nonsense of SBF

[Frank1967]

Or maybe we should ask ourselves is the stock market, a place where to invest your money, may be in the old days, but not today

[Frank1967]

I don’t understand how long can this Company function or do any type of business nothing has happened since 2011. So the CEO has said over the years that this company is a game changer, and yet nothing has changed. There should be a law against a company that tells their investors that their company is a game changer in the industry and then have all these people support the company over the years, that’s like me opening up a business and getting people to invest millions of dollars and with those millions I pay myself a salary but yet the business and the stock goes nowhere something is wrong !

[Sj7171]

Agree, he hasn't gotten even one truck out with all the money he has received over the years. The only thing he has accomplished is dilute the shares of the company for each bad decision after bad decision. But he is working on non-dilutive financing. That is the biggest oxymoron statement I can think of. He has aligned himself with people that cannot get things done. This non-dilutive financing partner he has mentioned in the filings is a joke as well. Either make a loan or not. That company has cost shareholders probably 500 million shares in convertible debt waiting for them to provide the financing. Cool Tech could have probably issued that many shares at $0.02 per share when they started with these clowns and received millions of dollars at one time. Question is with managements lack of accomplishments; would we be in the same spot?

[Frank1967]

What a joke . Time to step a side Timmy . It does not seem you can bring this company to the next step Sell the patents.

[esi23]

Reverse split by the looks on the way SS just keeps rising. See what the financials say if they are ever filed

[esi23]

Right on. Stock is worthless lowest in years

[Sj7171]

Volume up, outstanding shares up, means only one thing, Tim's convertible debt buddies are busy issuing more debt and converting the debt into shares and selling them. Obviously, Tim and his two employees need to get paid for doing nothing.

[esi23]

The one thing they are consistent with is late filings

[HighYieldStocks]

FORM 12b-25 ... Commission File Number 000-53443 ... NOTIFICATION OF LATE FILING

https://www.sec.gov/Archives/edgar/data/1399352/000147793222008594/cool_nt10q.htm

[Sj7171]

The 10-Q has been extended again. I don't get why they need to do that, oh yes, because it takes so long to add up how many shares, they have issued to their convertible debt buddies. That could get very exhausting. Plus, they have to figure out how much new convertible debt has been issued as well.

Lots of work, but no work being done on the product. Truly a bunch of clowns.

[Sj7171]

Then as the circus clown, he has been handing out shares like shooting confetti out of a canon. The number of shares outstanding keeps growing with every passing day. The non-dilutive financing they are pursuing is pretty dilutive.

[ChicagoBoy]

The only thing Little Timmy has done as “CEO” is that he fell out of the stupid tree and hit every branch on the way down. Upon landing, he then began his side hustle as a circus clown

[quester614]

It seems you know that there are CEO's that lie and cheat the investor. Was this CEO double dipping also???

[Sj7171]

Another quarter in the books with absolutely no communication from Tim and most likely no progress. I can't imagine what he, Judson and Quinten are possibly working on besides updating the filings once a quarter. Even that is filed with an extension. I don't know why because the only change is how many more shares, they issue to the convertible debt holders. Oh yes, I forgot they also have to update the additional convertible debt they receive to pay for their salaries to do nothing.

Tim, how is the non-dilutive financing going after issuing over 400 million shares since you started talking about it back in March of 2020? A real CEO would address the shareholders in a good or bad environment. The Board of Directors should take note of that.

Considering the potential of the technology, it has been colossal failure thus far!

[drtc]

Was there a filing? Seems early for quarterly data

[Sj7171]

Yes, outstanding shares are 633.8 million.

[drtc]

Did new data come out?

[Sj7171]

How predictable, more shares issued to Tim's convertible debt friends. Getting closer to the billion mark. I don't understand how the BOD keep letting this happen. They should have replaced him as CEO a long time ago. It really doesn't make sense if this Company has a great technology but are letting it squander away. Also, why does the BOD allow Tim to rely on that 3&1 Company to provide financing. Especially, since it was supposed to be non-dilutive and since working with them there has been hundreds of millions of shares of dilution. The BOD's need to start making some real hard decisions, not hard in my mind, about Tim and his two employees and find another way of getting financed.

Not good.

[JoseCabo]

I would love a copy of them. I was probably provided the same documents but If you can give me your email I'll reach out. This company has been living on hope, prayer and thin air since day one.

[webber55]

Love it

Coming back every so often to check on this chat board is hilarious. Same old stuff. Not sure if you can see my old posts on my profile but past years I have been saying ‘they are trying to get a loan against their IP etc etc’ they used to claim they had a deal in the works with a I think ion for the IP deal.

I have personal emails from Tim, with documents, about convertible loans to the company and him offering a lot of false insider trading info.

I’ve never witnessed a scam that has been able to run this long.

If anyone wants the emails and documents message me.

[Sj7171]

Tim,

Why don't act like a real CEO and explain to the shareholders why the Company cannot get anything accomplished under your leadership. You and your BOD have been absolutely useless. It is time to get a new Board who know how to direct a Company that supposedly has great technology. The new Board should probably assess your tenure as CEO. You have mismanaged the Company from the beginning and continue down that path. The total shares outstanding continue to increase and will reach one billion before we know it. You have been relying on this non-dilutive financing with 3&1 Capital (found the company in the SEC filings) which has in reality diluted the Company by hundreds of millions of shares. If you sold those shares instead of issuing them to your convertible debt buddies, you would been able to start production and maybe have some product in the hands of customers.

But all you do is hide and don't communicate with the shareholders. You should be very proud as your tenure of CEO.

[Sj7171]

You are correct, there could be more than one tweet since they have missed numerous weather catastrophes. Also, need to add other incompetent people to the mix such as the past president, Ted, and the guy who is supposed to get them the non-dilutive financing. The name eludes me.

[Sj7171]

You are correct, there could be more than one tweet since they have missed numerous weather catastrophes. Also, need to add other incompetent people to the mix such as the past president, Ted, and the guy who is supposed to get them the non-dilutive financing. The name eludes me.

[esi23]

Share distribution then reverse split

[Frank1967]

I don’t understand why doesn’t this company just give up what is in there for management after all these years besides a small salary I don’t get it just shut down and good night sell the patents and give the money to the shareholders bunch of clowns

[esi23]

More t trades. Unreal

[ChicagoBoy]

Isn’t it about time for a new tweet about the latest weather catastrophe that could be lessened by this company? Just to take our minds of the debt dilution price spiral and the utter incompetence of Tim and Justin. Fraudsters unite