Cool Technologies Inc (WARM)

[kayak_wench]

Whether or not we see any price action is whether they dump shares into this news. The PRs indicating they had sales did support the price a little, but they pushed so many shares onto the market at the same time ultimately price decreased. I can't see why they would PR this information except as a prop for more dilution as it is not information that had to be reported and is vague without specifics. Completely a political move. If they had provided a date I would feel differently, but we have no idea when in Apr.

They are due to release their annual report at the end of this month. They will likely be late for that but by mid-Apr we will have a better idea of their financing and the current number of shares outstanding.

Also I think we are one tweet by the cheeto in chief from having all business with Mexico blow up in our face. So its hard for me to get too excited.

The budget passed today, but previous PRs made it sound like the military wanted a demo in a larger vehicle and wanted at least a 125 kVA system. Neither of which the company has ready (despite saying last fall both would be ready by end of 2017).

BTW, the last trade today was a t-trade. So number of shares traded is likely going to pick up with an accompanying drop in price. Would very much like to be wrong, but this PR smells bad.