I hate arguing against you because you are a voice of reason, but what top-tier business man would join a start up that was a 6 million plus investment from having a usable product (where I think CoolTech was in 2014). Unless it is their brain child top tier business men want to join only once a company is a sure, money producing success. At least they booted the other guy out the door and did NOT hire anyone new into which they would have to sink $200,000+ a year into.
If CoolTech had gotten that 10 million as their were supposed to (thank you Sprit Bear from preventing that from happening) things might of been different. Also we don't know who arranged the 10 million funding that SB tanked. If it was the guy who couldn't get dollars except through toxic loans afterward then he did one good that that got messed up.
This company has had a series of bad cards dealt to them, they also made bad decisions (perhaps under duress with little other choice but bad decisions non-the-less). But they are still here, they did not declare bankruptcy and wipe out investors and start over. They also continued to garner support from industry professionals over time. Their continued additions of successful respected technical people in the industries associated with their products to the board is why I have stayed in this investment.
My main rant, is historically they have been very wrong (maybe intentionally mislead) on when revenue would be attained. I am glad that lately Hassett has been saying less about what he thinks will happen and just reporting the facts (we know it should be a fact when it is provided in an 8-K).
You've been around a long time. Do you see a difference in the latest news compared to previous? Do you feel any more positive about their near-term potential based on this news then you have since the great dilution of the summer of 2016. Maybe you consider this news just like all the other "we have an order" PRs they have put out. I see a distinct difference in this one (it has an 8-K, a timeline, a customer who needs the product today and that has $$ on hand). I think your posts reminding everyone of why they need to be careful investing is good. But I guess I am wondering as to whether you have completely written this off and are here to be the voice of sanity to crazy hyped posts, or if you are staying here in case there is a sign that they may actually move forward some day and this could again be a good investment risk. Either way is fine by me, just curious.
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