24 Jul, 2017

MG Solutions: When the Move to Green Energy Results in Blackouts

Whenever a country adds renewable energy to its power generation mix there are growing pains: brownouts, blackouts, or even rolling blackouts. One reason: the average wind turbine rotates fast enough to produce energy about a third of the time, and solar cells are similarly impacted by cloudy conditions. Intermittent energy is a problem because power [...]

14 Jul, 2017

Letter to Shareholders – 2nd Quarter Recap

The past quarter exceeded our expectations. Here are some highlights: Sales/Revenue Market validation and momentum through sales to Craftsman Industries Pipeline/Business Development US Military, global conglomerates, truck manufacturers, up-fitters and dealerships, disaster relief providers Patents Another international patent secured Another first-of-a-kind patent applied for Read more. The new shareholder letter recapping the 2nd quarter can [...]

27 Jun, 2017

The June MG Update

The MG System now has positive response and active interest from: Global Conglomerates Truck Manufacturers Dealerships Disaster relief providers US Military None of the companies that have seen the technology in action have rejected it. No one has said “no”. Each has different needs and different applications … from mobile back-up power to electric vehicle [...]

24 Apr, 2017

The 10-Q/A Filed This Morning

In light of the 10-Q/A that was filed today restating the 10-Q for the 3rd Quarter of 2016, a look back at our most recent 10-K is called for. In Management’s Discussion and Analysis under Recent Developments we noted the following: We determined that as of September 30, 2016, we did not have sufficient authorized [...]

9 Mar, 2017

Company Updates – March 2017

Update 1: Patents We recently announced that we are receiving our Radial Vent Heat Pipe patent. This is very different from when we announced our notice of allowance earlier. Why? The PCT patent applications for the US and Mexico were awarded first time out, without exception. Which is rare. Normally there’s a lot of back [...]

3 Mar, 2017

Cool Tech and Craftsmen – Synergy and Immense Potential

Our press release notes: “Cool Technologies signed an agreement with Craftsmen Industries, a market leader in the design, engineering and production of marketing vehicles and industrial mobile solutions.” “This agreement is mutually beneficial, leveraging the robust synergies between the two companies.” First … what do we mean by ‘synergy’ -- when two companies collaborate for [...]

28 Feb, 2017

Why We’re Excited About Our New Radial Vent Patent

On February 24, 2017, we received a US patent for a radial vent heat pipe system as well as a notice of allowance for the global PTC patent for Latin America. Heat pipes have been around for over 100 years. The Radial Vent is an innovative new design that the company will tool and license [...]

8 Dec, 2016

The November 28th and 29th Demo of the MG

We are pleased to let our shareholders know that we achieved another milestone towards the launch of our MG30-MG80 products on November 28th and 29th. Two potential customers came to Chicago and met with our engineering teams from Cool Technologies and Innova as well as board members, including Chairman and CEO, Tim Hassett, and former [...]

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