Cool Technologies Inc (WARM)

[kayak_wench]

Its not news for CoolTech so I wouldn't expect a PR from them. What matters is that CoolTech submitted a request to EXIM in mid-Dec or earlier (they told us in Dec) and received a letter of interest from EXIM. That matters because that submission was defining a multi-million dollar deal with Mexico that included VerdeWatts technologies and as such Steve Wilburn had to of been a co-requester on the loan. He has earned the respect of EXIM through past successful loans from them (the invitation to be one of 5 individuals given the opportunity to speak at the event today verifies that). What also matters is the PR from EXIM today noted each year is EXIM is committed to having at least 5% of all money it loans go to renewable energy projects. The Mexico deal was an early submission for 2020, so hopefully are probably looking kindly on it not only because they trust VerdeWatts, but also because they have a quota to meet and this is a viable request made early that helps them to meet that quota.

I also shared it because it let me know Steve is still involved in his non-covid side of business and that he is still networking and pushing for better export conditions. I wasn't sure about that because he has largely gone quiet since late March.