Cool Technologies Inc (WARM)

[kwitz22]

They set the purchase agreement for 234 units plain and simple. They wouldn't have gone the purchase commitment route unless they wanted 234 working MG units by a certain date. They want these things just as bad as we want to sell them. Jatropha wants the product to perform as they expect/imagine, that's what we need to execute next. The purchase commitment is just a formal way to guarantee a per unit cost, along with locking down the company's production capacity. I'm sure they are doing it for the latter. If some company beat Jatropha to the punch on a purchase commitment, Cool Tech wouldn't have the capacity to pump out all the units Jatropha desires by ~April 2019