Ownership Change: Cool Technologies, Inc: Gemini Master Fund Ltd Opened Big New Position

Ownership Change: Cool Technologies, Inc: Gemini Master Fund Ltd Opened Big New Position

The New Gemini Master Fund Ltd Holding in Cool Technologies, Inc

Gemini Master Fund Ltd filed with the SEC SC 13G form for Cool Technologies, Inc. The form can be accessed here: 000121390016017392. As reported in Gemini Master Fund Ltd’s form, the filler as of late owns 9.9% or 12,316,229 shares of the Consumer Discretionary–company.

Cool Technologies, Inc stake is a new one for the and it was filed because of activity on September 28,2016. We feel this shows Gemini Master Fund Ltd’s positive view for the stock.

Business Profile

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.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

The stock decreased 8.26% or $0.014 on October 10, hitting $0.16. About 310,397 shares traded hands. Cool Technologies Inc (OTCMKTS:WARM) has declined 51.52% since March 8, 2016 and is downtrending. It has underperformed by 60.83% the S&P500.

Cool Technologies, Inc., formerly HPEV, Inc., is engaged in developing and commercializing dispersion technologies in various product platforms. The company has a market cap of $17.06 million. The Firm is also engaged in developing and commercializing an electric load assist technology around which it has designed a vehicle retrofit system. It currently has negative earnings. The Company’s application process is Totally Enclosed Heat Pipe Cooled technology .

More important recent Cool Technologies Inc (OTCMKTS:WARM) news were published by: Marketwired.com which released: “Cool Technologies’ Initial Work Truck Nears Completion” on October 05, 2016, also Finance.Yahoo.com published article titled: “Cool Technologies Makes Progress in August”, Money.Cnn.com published: “3 cool technologies that could save the world’s water” on June 02, 2015. More interesting news about Cool Technologies Inc (OTCMKTS:WARM) was released by: Fortune.com and their article: “8 Cool Technologies to Look Forward to After Virtual Reality” with publication date: March 29, 2016.

WARM Company Profile

Cool Technologies, Inc., formerly HPEV, Inc., incorporated on July 22, 2002, is engaged in developing and commercializing dispersion technologies in various product platforms. The Firm is also engaged in developing and commercializing an electric load assist technology around which it has designed a vehicle retrofit system. The Company’s 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. The Company’s initial target markets include those involved in moving materials and moving people, such as motors/generators, mobile auxiliary power, compressors, turbines (wind and micro), bearings, electric vehicles: rail, off-highway, mining, delivery and refuse, brakes/rotors/calipers, pumps/fans, passenger vehicles: auto, recreational vehicle (RV), bus, train and aircraft, commercial vehicles: sport utility vehicle (SUV), light truck, tram and bucket truck, military: boats, Humvee, truck and aircraft, and marine: boats ranging in size from 30 feet to 120 feet and beyond.

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