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Re: kayak_wench post# 3425

Thursday, 08/20/2020 2:39:19 PM

Thursday, August 20, 2020 2:39:19 PM

Post# of 5736
As helpful and knowledgeable as you are about certain things, other things like SEC rules and regulations, you seem to misunderstand. The company once again misled both its shareholders and the SEC when it did not file its Q1 10Q two days ago. All one needs to do is call the SEC and/or the transfer agent and you will understand the trouble this management team and this company are in.
As for Steve Wilburn, he is trying to make a go of things and is certainly more competent that Hassett, but he too has not made much of a success of his businesses as you would like people to believe. Steve is a showman and under the cover of a private company can say things he would never be able to say if he was with a public company.
Has a single one of you personally seen a fully functioning vehicle from CoolTech? Just one fully functioning? That's because they still don't exist. Not only is Hassett a bad engineer, he's far worse as a CEO.
And I have to say that over the last year plus, not one of the optimistic things that has been said on this chat board by anyone has come close to coming true.
When you say Steve Wilburn has done $800 million in business, do a deep dive on that! He may have participated in, as an example, a $100 million project in which his company might have had $5 million of the revenues.
This company, CoolTech,is insolvent, has no cash, no ability to raise cash until its financials are re-audited and not stale, which will take 6 months minimum and lots of money, has had no revenues in the past 8 years, has had run ins with the SEC, litigation with its largest shareholders, and I could go on an on and on.
PLEASE; EACH OF YOU DO SOME HOMEWORK!