Cool Technologies Inc (WARM)

[kayak_wench]

From my reading about EXIM and its services and several stories on sales that failed to go through because the bank was closed to investments over 10 million I realized funding sales outside the U.S is not easy even for big companies. The one that stood out was a large sale lost by GE to RollsRoyce. GE lost it despite being awarded initially because EXIM couldn't provide the loan and the EU bank could. This was GE, why couldn't GE just make it happen? Obviously foreign trade is more complicated that I believed.

I also found a podcast from Hakan Kostepen dated Aug 2019 where he references CoolTech (between minute 27 and 28). This is a successful executive who seems to have quit the 9 to 5 to pursue working on things he believes in (like improving education for kids and such), and while he described CoolTechs technology as unsophisticated (and I agree) he noted that it can have immense benefit to society and that is what drives his interest in the company.
https://www.buzzsprout.com/329258/1592371


What we need is one of them to get someone who wants to help the world that can bank the effort.
Bottom line is that there is evidence CoolTech has been working several angles since the summer.
It seems the belief that the technology can have a positive benefit to those in need is driving a lot of the people involved with CoolTech. People work harder if they believe what they are doing matters. Heres hoping their work pays off and it will soon be reflected in the share price.