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I am a long time shareholder here. Like everyone else we have been let down by this company over and over again. That said I am absolutely amazed by the sewing after the 10 K. Obviously they have lots of problems but to see $800,000 on their balance sheet I’m actually going into production it was the best 10K by far ever from this company. This company has a strong chance if they pull it off to be a high growth company.Assuming I read it right seeing $800,000 on a balance sheet Albeit they borrowed the money at least they have it. Hoping for much better days going forward.
10 K out
Thanks. The stock sure is acting better. Let’s hope after all these years they actually get their financing. It feels different this time. Let’s see
How do you know they have not been diluting in March during the run up? There were some very heavy volume days.
Am I correct that they can not dilute during a delay in filing?
I could be wrong about this, but one advantage of them filing late is it may take some of the dilution pressure off the stock the next several days until they report. Am I correct that if they are late filing they cannot sell shares? If so the stock may spike higher if in fact they have been slowly diluting in this recent rise in the share price. Thoughts?
Clearly people are used to this going down this sell on rallies and buy it back on dips. But the dynamics of the SOC have clearly changed. It now has a big following and with news eminent the stock a double or triple overnight. Cool beans I hope it works out for you you have done quite well with your trading so far.
It is my understanding that Steve has signed up to advise Biden advisor on variety of things. It doesn’t take to much logic to understand the price appreciation that will occur when they get their financing. Steve has partnered with Cool Tech and he is one seriously reputable and connected guy. If he did not trust Cool tech and what they can deliver, he would not tweet nor partner with Cool. I can see this stock price rapidly appreciate because the potential partnerships and deal could be in the hundreds of millions. Wall Street loves a growth story. If they have taken advantage of this recent price appreciation, they could once and for all clean up their balance sheet, get new financing and really power forward. I wonder if Verde Watt or Firmgreen could be lending Cool the money. It would make sense. And Verde Watt would have collateral with cools patents and IP as mentioned. Steve wants to bring clean water and power around the globe. He truly saves lives. This is his passion. He could be part of the financing. Thoughts???
Agreed that the company did many things keep it survival going. I hate the dilution and share giveaway to survive as much as you do. That’s said going forward which is how wall street thinks about there could be super growth which is what Wall Street loves. immediately upon financing they will be able to execute on many large deals we could generate $100 million in revenue in the course of the year. That could spell a much higher stock price as they work through their debt. . My guess is whatever recent dilution may be paying off all of the notes to get a clean balance sheet to receive the financing. That said, it is at a cost of the shareholders but hopefully the growth will supersede the dilution.
Glad you got back in cool beans. Looks to me like they may have gotten their financing by the way the stock is acting.
Cool beans maybe get back in on first dip so you don’t miss out?? It’s one announcement away after all these years.
Cool beans your approach may work to skim money but one never knows when the real rally will take the stock to a new level. Hope it works out for you. I suppose it is a roll of the dice either way.
One last point. With the electric vehicle market heating up like crazy, it would not surprise me if someone like Tesla or a major gas station not want to buy hundreds if not thousands of these trucks to put in various locations. Also to have it hand if someone runs out of electricity. His company truly has potential the second the financing is secured. I may be the longest shareholder here. Reasons to be hopeful again.
It still seems to me that they put the letter to shareholders out because they have the financing in hand that most likely is predicated on paying off the debts that are in default. My guess is once those are paid off the new financing arrangement will be signed off on. This is pure speculation on my part just my thoughts.
Yes it looks like to me part of their condition to secure financing is to pay off all defaults and get to zero debt. At least that would make some sense. This could be the end of dilution and the beginning of revenue and hyper growth
Another article out I can’t copy and paste ?????
I wonder if part of the financing deal is that the company gets the stock price above five or six cents or something to help sir financing company to feel more confident in learning them money? Notice has there is a press assault on the stock now both by Tim and steve
Solutions for the Texas disaster is the title I can’t get it to copy any paste. Very good article may have caused the spike with volume
New article out working on trying to post it. Tim interviewed about the trucks could have helped the Texas disaster.
Agreed. And Steve is a great guy and I am appreciative of his last tweet reiterating the alliance with Cool.
Than you Kayak. His second tweet in my opinion is very positive. I went to sleep pretty bummed last night from his first tweet. It almost sounded like he was distancing himself from Cool Tech. But the fact he retweeted and essentially reconfirmed there is still a strategic alliance with Cool Tech seems paramount. My guess is in his first tweet he was reacting to not wanting to be part of any hype job like Game Stop. I am curious what you think? He went out of his way with his second tweet and confirmed there is still an alliance with Cool. Very relieved here.
I respectfully disagree. This is the first deal with financing in hand. Of course this in its own is not much but it validates a pulse and with a few larger deals with financing could be the start to a much higher stock price.
Why no Cool PR.? A small part of a deal is a deal. Put out a PR let investor know what is going on.
Obviously more deals to come
After years of waiting (I was an original investor in HPEV) and I can’t believe my eyes. Is this for real? A financed committed deal? And if so, it may truly be a start to hyper growth and or Firmgreen taking over Cool Tech
THANK YOU for responding. Let’s hope something comes from this.
Thank you for reposting the link. Appears it’s not Cools tech (still possible though). You mentioned you are relieved Steve hasn’t given up on us. I am sorry I don’t see what you are referring too? How has he not given up on us?
THANK. YOU
Thank you for posting but when I click on it it says it doesn’t exist and more.
I am not so sure that they are not using cool technologies technology. We do not have enough color into this yet to know. They are using the same slogan they used with cool technologies. So although it may not happen but then again it may. I would not definitively count it out yet.
Again thank you for all of your posts. How do we know that Cools technology will be utilized in the mobile vaccine facilities?
Kayak
I do very much appreciate you taking the time to reply to me. Thank you. If this all really comes to fruition, it could put Cool on the map. I would think if they will be using Cools tech they would pay them???
I thought though if they are using a trailer as mentioned, maybe they put a standard generator in there, which then would not be Cools Tech. So hoping for a break with this company. You and I have been invested in this for years. Hope it works out for both of our sakes.
Do you think Verde Watt could buy them out? Pay off all the notes and say another 20-30 million?
I am confused, how would these mobile vaccination stations use cool technologies generator? The ones Cool developed is on a flatbed truck. Could Cools tech really be used in the mobile vaccination rooms? I don’t know if anyone else read the whole 10 Q. Cool actually received a loan from the SBA for Corona Virus relief.
Nice rumor. Anything to back it up?
Looks like Cool did a tweet yesterday. It is not letting me lost it
Are Microgrids the Answer to California's Grid Woes?
When all is said and done, we may look back on 2020 as the key inflection point in the global transition to a more flexible, resilient, and renewable grid. In August, I wrote in Utility Dive how the European experience during the pandemic is demonstrating how high renewable penetration, flexible electricity markets will function in the not too distant future.
The recent experience in California offers another glimpse into the emerging challenges facing utilities and grid operators as they work to keep the lights on with an increasingly climate-strained electric grid.
You are no doubt familiar with California's recent troubles. But the synopsis is this: a heatwave that saw temperatures climb into triple digits had two compounding effects on the power grid, resulting in the first rolling blackouts in California since the 2001 energy crisis. The first was on demand. As temperatures rose, Californians cranked up the air conditioning, increasing demand for power. But the extreme temperatures had an impact on the ability of gas-fired generators to reliably deliver power, with several even shutting down just as demand was peaking. Combined with the evening decline of solar generated power, the California Independent System Operator president called this a "perfect storm" grid event.
Switchgear Market - Global Forecast to 2025
Switchgear Market - Global Forecast to 2025
Free sample
What does this experience portend for the future of a grid increasingly threatened by extreme weather events, such as heatwaves, wildfires, hurricanes and more?
Microgrids – the ability to isolate and maintain reliable power supply to critical load centers – are a potential solution to many of the safety and reliability challenges facing utilities today. The wildfire-necessitated public power shutoffs in PG&E's service territory in recent years offer an interesting possibility. By cutting power on high-risk distribution and transmission lines, anything downstream will lose power. With a battery-storage enabled microgrid, critical load pockets such as hospitals would isolate from the grid. Now disconnected from the grid, that isolated system would then form its own grid, managing frequency and voltage.
While the microgrid concept is not new, it has proven a challenge to materialize in the real world. This is because the energy storage technology required to form microgrids add complexity in the operation, optimization and orchestration of grid assets that does not exist with traditional centralized assets.
At Wärtsilä, our GEMS energy management software platform optimizes the performance of individual energy storage and grid integrated assets. But from the beginning, we've always seen our platform as more than a single power plant controller. We developed our software from the ground up to be cloud based where a single power plant or storage asset would act as a single node on a network with multiple nodes. Batteries add significant value to grid operators, but they also add complexity. A network consisting of assets from different technology providers will have different command and operation protocols. Batteries require much more active management than a traditional utility asset. Temperatures must be monitored to prevent thermal runaway. State of charge must be constantly managed to ensure long-term safe operation. Utilities already manage hundreds of thousands of data points. Managing the operation of different battery technologies, with varying thresholds for safety and discharge levels, is simply unrealistic.
We saw that as utilities added these new distributed storage assets that there was a need for a control room tool that could orchestrate these resources in a technology-agnostic way. This was the genesis of our GEMS Fleet Director platform. Fleet Director provides centralized, real-time visibility and control into a global fleet of power plants. It is a cloud-based platform that allows for secure monitoring of equipment, operation history, and alarms from the fleet, power plant, and device level. Combining power plant data aggregation, weather forecasts, region specific market data, renewable and load forecasting, Fleet Director brings unparalleled intelligence to the operation of utility assets.
Utilities have found particular value in Fleet Director's ability to seamlessly take energy storage assets from grid control to microgrid control. That level of control has proven to be the missing piece of the puzzle in making microgrids truly viable. Having the capability to keep assets on the grid during normal operations and isolate and manage critical load at the local level during high risk events gives grid operators a level of flexibility and resiliency previously unavailable.
With the control that Fleet Director offers, multiple distributed storage systems can bond together and act as one resource. This is the future that my colleagues at Wärtsilä are working toward for California and beyond as more storage is added to the grid: a flexible, resilient, and distributed fleet of assets that utilities can isolate and safely operate during high-risk weather or grid events while maintaining service to the most critical load.
Source: Wärtsilä
Date: Sep 9, 2020
So many folks without water (and power). For the life of me why they can’t get some of these trucks produced and put out there for water and power!
I suppose but why would Tim and the big shareholders want to do that? Essentially they would be diluting themselves. Say what you want about their mismanagement, they sure would like to get pay day for the last years efforts if they can.
IF he saw trendies value in the long term he would benefit by owning all the shares
It is a crying shame these trucks are not available for this horrendous hurricane and the Ca fires. Come on get your funding and help out already.
Does anyone know if Steve’s company can use EXIM loan money to purchase Cool? Say he lectured 50 mil in loan and paid say 35 mil to buy out Cool tech. Say around 9 or 10 cents a share.
Thank you as well Kayek. I think some shareholders jumped out figuring they will be able to by double the shares they sold at a price at 2 or below. They may be able to but the stock is actually holding up well. It may not happen the posters being able to get in. We all know this is risky. If they get the financing the stock should really move and the company could grow like crazy. Or possibly a buyout from Steve.
You may or may not be right. Steve may outright buy the company out. It fits into his plans. The world is a big place.