Cool Technologies Inc (WARM)

[Sj7171]

Board of Advisors

The Company has a Board of Advisors which currently consists of seven members. Scott Van Dorn (appointed March 18, 2014), currently engineering director at Navistar Corporation, has more than 20 years of experience in global engineering and management in vehicles, engines electronics and design. Richard Schul (appointed December 31, 2013) is a veteran of the motor/generator industry. The other members include: Bill Finley (appointed July 7, 2014), Chief Technology Officer of Siemens Industry Drive Technology; Dan Ustian (appointed September 10, 2014), a former chief executive officer of Navistar; Chris McKee (appointed June 1, 2014), executive vice president and general counsel of GTT; Andrew Scherr (appointed May 21, 2014), an investor, entrepreneur and strategic consultant; Gurminder Bedi (appointed January 1, 2016), managing partner at Compass Acquisitions, LLC; and Mark Steele (appointed May 9, 2017), CEO, president and co-owner of Craftsmen Industries, Inc.

The above is a list of Board Advisors as listed in the 10-K. Now with these folks and the other BOD members, this company cannot get one unit out the door or align itself with partners to help with the financial burden of getting production started. The last one, Mark Steele, is an interesting one. Craftsman would benefit hugely from all these orders and commitments. Why has he been extremely silent on this whole relationship.

It is frustrating that with all these industry experts and insiders, that the company is not in the production phase with all the potential business from this revolutionary product that has been tested and proven to work.

I hope there is a good explanation of what is going on!