|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0469 - 0.0469|
|52 Week Range||0.0200 - 0.0700|
|Beta (3Y Monthly)||-0.86|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
KILO is an intellectual property company with a revolutionary hydrogen creation process, which does not involve electrolysis, and requires minimal power. The proprietary technology produces hydrogen from water and then infuses the gas into the fuel system. The JV includes mutual licenses for each Companies’ technologies. Both companies will market Cool Tech’s Mobile Generation (MG) systems with the option to include KILO’s HydroQube™ technology and other available options such as water desalinization.
Cool Technologies, Inc. (WARM), an innovator in efficient mobile electric power generation and power enhancement technologies for motors and generators, announced today that it has entered into a joint venture agreement (“JV”) with KeyOptions Pty Ltd, a privately-held technology and security provider based in Victoria, Australia.
Cool Technologies, Inc. (WARM), an innovator in efficient mobile electric power generation and power enhancement technologies for motors and generators, announced today that it has entered into a joint venture agreement (“JV”) with Turkish technology company Belirti Teknoloji, A.S. (“BelirtiTech”). To launch the business, BelirtiTech has awarded Cool Technologies a purchase order for up to $42 million USD for the purchase of several different models of its Mobile Generation kits. The purchase order will supply the JV with its initial inventory for resale into the Middle East and some African nations. The Company is actively working with the customer’s bank in addition to insurance companies and other financial entities to facilitate the financing of the orders.
Cool Technologies, Inc. (WARM), an innovator in efficient mobile electric power generation and power enhancement technologies for motors and generators, announced today that the Mexican government has passed a federal bill (fraction XV to Article 5o of the Law of Livestock Organization) into law that will allow Mexican entities such as farmers, fisherman, ranchers and other industries to receive financial assistance from the government for 37% of the total acquisition price of all CoolTech’s Mobile Generation (MG) systems and optional products. Financing for the balance of the cost is expected to come from other governmental agencies. The new law was championed in the Mexican congress by Congressman Efraín Rocha Vega who is Secretary of the Commission of Development and Rural, Agricultural and Food Self-sufficiency Conservation, a member of the commission of Livestock and the commission of Environment, Sustainability, Climate Change and Natural Resources. Congressman Rocha has announced that in 2020, the Mexican Government will also support a Cool Technologies Center of Excellence to help integrate CoolTech’s entire green energy platform into other areas of the Mexican economy.
The itinerary for the showcase event will include a tour of the St Louis manufacturing facility and inspection of the first production run MG vehicle in operation as it powers a variety of agricultural pump, water purification and processing equipment. Latin America is beset by declining water tables and unreliable electrical power in the rural states. The Latin American attendees are interested in using the MG to run pumps for farming, processors for the harvest, mobile desalination for water purification and delivery and to provide reliable power for rural factory equipment.