Cool Technologies, Inc. (OTCMKTS:WARM) Files An 8-K Regulation FD DisclosureItem 7.01. Regulation FD Disclosure.
On April 11, 2018, Cool Technologies, Inc. (the “Company”) issued a press release pertaining to an order (“Purchase Order”) for ten Ford F-350s retrofitted with CoolTech’s mobile generation systems from the National Union of Producers of Jatropha in Mexico (Jatropha), a copy of this press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The information contained in this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or incorporated by reference in any filing under the Securities Act of 1933, as amended or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The furnishing of the information in this Current Report on Form 8-K is not intended to, and does not, constitute a representation that such furnishing is required by Regulation FD or that the information contained in this Current Report on Form 8-K constitutes material investor information that is not otherwise publicly available.
Item 8.01. Other Events.
to the Purchase Order, Jatropha will provide the specifications within 5 days of the Company’s acceptance of the order.
The Purchase Order Agreement encompasses MG units with 80 kilovolt amp (KVA) outputs. The order terms and conditions will be 25% down within 45 days of the order, 25% within 90 days of the order and 50% within 10 days of the delivery of the order and acceptance by the customer.
The delivery will be made to Jatropha at an acceptable border crossing. A receipt of import by a Mexican customs agent for Jatrophawill be proof of delivery and acceptance.
Item 9.01 Financial Statements and Exhibits.
COOL TECHNOLOGIES, INC. ExhibitEX-99.1 2 cool_ex991.htm PRESS RELEASE cool_ex991.htm EXHIBIT 99.1 Cool Technologies Receives Order for Ten Mobile Generation Trucks from Jatropha Union The order,…To view the full exhibit click
About Cool Technologies, Inc. (OTCMKTS:WARM)
Cool Technologies, Inc., formerly HPEV, Inc., is engaged in developing and commercializing dispersion technologies in various product platforms. The Company is also engaged in developing and commercializing an electric load assist technology around which it has designed a vehicle retrofit system. Its application process is Totally Enclosed Heat Pipe Cooled technology (TEHPC). The markets for products utilizing its technology include consumer, industrial and military markets, both in the United States and across the world. Its initial target markets include those involved in moving materials and moving people, such as motors/generators, mobile auxiliary power, compressors, turbines, bearings, electric vehicles, brakes/rotors/calipers, pumps/fans, passenger vehicles, commercial vehicles, military and marine. The Company’s technologies are divided into categories, which include heat dispersion technology, mobile electric power and electric load assist. It has not generated any revenues.