Replies to post #5405 on Cool Technologies Inc (WARM)

[ChicagoBoy]

You are close on your analysis. Right now, I imagine that Hoppel is selling shares to push the price down so he can 1) convert his debt to shares at a 28 percent discount to closing price average of last 10 days. He will sell enough to make the stock closes lower which it has for about 10 straight days. He then starts converting and there is an aftermarket print at a low price- see yesterday 380k at $.0281. This will go on for several days

2) He will use proceeds from the sale to make a new loan to these white collar criminals

Remember, no product, no revenue, a CEO with utter disregard for shareholders and a 89 year old CFO. $50 million lost over 10 years.