Cool Technologies Inc (WARM)

[kayak_wench]

The Form 4 today shows KHIC getting paid off in shares. It also has their ownership down to 6 million and still having 11 million in warrants. They had 27 million in Nov. So they liquidated almost their entire investment when CoolTech was telling us how great things were. It appears that KHIC was getting the straight story and knew to sell their investment.

If this is the only entity that will loan them money they have to take it to keep moving on the orders. I wonder if Hassett has put shareholders at risk of another Lawsuit by claiming no funding needed from shareholders to fulfill orders. He did say 'from shareholders' so maybe that gives him wiggle room if he was implying shareholders didn't have enough $$ to cover what he needed.