Gold doesn't work for me either but for the cooldowns, use only the first pilot, the one with 10% cooldown reduction and it should work.
I've updated the trainer, once it has been posted test if the gold option is working for you.
About the no cooldowns, this option is unstable and can cause side effects. There is no workaround and I consider to remove it if more people reporting that it isn't useful at all.
Anyway, try out the new version when it's online and read the new instructions carefully.
//edit: It's an XNA based game that uses encryption to store values in memory. Don't expect a trainer is working like usual. I'm pretty sure many authors would have skipped this game anyway (Alpha stage, not popular at all, encryption, XNA based...), however I've tried my best and if that isn't enough to get things working, then I don't know either.
[Edited by 0x90, 8/5/2013 8:21:09 AM]