One can view a molecule as a quantum object having many degrees of freedom. Molecules can move, the internal degrees of freedom such as vibration and rotation can be excited with a precise control over the final quantum state. Such a quantum object with so many different degrees of freedom holds promise in many fields of physics and chemistry. In physics molecules can be used as clocks in many frequencies simultaneously and in chemistry perhaps a full control over a reaction can be achieved. However, all of these application require that the molecules are as cold as possible. In our project we develop new methods of molecular cooling. Since most of the cooling schemes rely on intermolecular collision one of the most important aspects of our research is microscopic understanding of molecular collisions. In our work the have recently demonstrated how collision complexes can be formed and how they decay into many quantum channels distributing energy between the different degrees of freedom. Such states are cold Feshbach resonances and our work is among the first to follow the decay into all possible quantum paths. We will test our assumptions that such a decay can be controlled by changing the amount of total angular momentum available during the collision.