1manband
2 months ago
Great DD there. You should have known that was going to happen, as you had been warned.
COWI is, and always has been, a pump and dump. It was always damn clear, but it should be absolutely obvious now. Nothing about the company was real - Lloyd is a liar, and always has been. The 3 prior pump and dumps on this ticker by Lloyd should have told you that.
COWI is insolvent to boot.
Can'tSparTheGhost
2 months ago
🚨 COWI
💰 0,000001000
📝 Buisiness Description Update:
🟢 CarbonMeta is an environmental research and development company specializing in the commercialization of technologies that process organic and industrial waste into valuable, sustainable products. The company's primary emphasis is on developing carbon-negative concrete and building materials, leveraging proprietary processes that sequester carbon dioxide and help mitigate climate change. CarbonMeta is actively engaged in a pilot project to produce carbon-negative concrete products, showcasing its commitment to sustainable construction solutions. Additionally, the company is exploring technologies for extracting high-value metal oxides and rare earth elements from waste streams. Through strategic partnerships, ongoing research and development, and a focus on economically viable, ecologically sustainable products, CarbonMeta aims to position itself at the forefront of the circular economy and waste upcycling industry, with particular emphasis on applications in construction and renewable energy sectors.
AS: 35.000.000.000
OS: 21.986.310.016
Updated: 2024-07-31 20:42:29
Find more on https://www.stock-scan.io
Details: COWI (http://stock-scan.io/symbol/COWI) | Historical Data (http://www.stock-scan.io/oldOSASData/COWI) | Twitter Search (https://twitter.com/search?q=$COWI&src=typed_query)
AveragePenny
2 months ago
$COWI CarbonMeta Technologies Shareholder Update
https://www.globenewswire.com/en/news-release/2024/07/17/2914627/0/en/CarbonMeta-Technologies-Shareholder-Update.html
Woodinville, WA, July 17, 2024 (GLOBE NEWSWIRE) -- CarbonMeta Technologies Inc. (OTC EXPERT:COWI) today provides the following shareholder letter from Lloyd Spencer, President and CEO.
To our valued Shareholders:
As President and CEO of CarbonMeta Technologies, I must thank you again for your continued patience and support. The following update addresses many questions that we have received from current and prospective shareholders about our progress and plans; we trust that our shareholders will continue to give valuable feedback to our Investor Relations team.
Change in Reporting Status
CarbonMeta Technologies regrets to announce that we will be changing our stock market listing and reporting status. We are moving from being a fully SEC-reporting company to trading on the OTC Markets Pink tier with more limited disclosure requirements. This change represents a reduction in our public reporting obligations and visibility in the financial markets. During this period, the company will be temporarily trading on the OTC Markets Expert Market until we file our 2023 annual report and the 2024 Q1 quarterly report. This decision was not made lightly, but we believe it is in the best interest of the company and its shareholders in the current market environment.
Carbon Conversion Group βSpin Outβ
As previously announced, CarbonMeta Technologiesβ shareholders will receive 1 common share of Carbon Conversion Group, Inc. stock for every 3,000 common shares of CarbonMeta Technologies common stock (OTC PINK) owned on the record date of June 23, 2023.
The Company is in the final stages of working with and receiving regulatory approvals from FINRA (Financial Industry Regulatory Authority) and the SEC (Securities and Exchange Commission) to complete the spin-out in 2024.
Carbon Conversion Group, Inc. (CCG), realized revenues and accrued prepaid revenues from the sale of solar panels and accompanying materials during the past year. Additionally, CCG has been actively engaging with city and state officials to explore cooperative development opportunities for innovative waste remediation facilities in the United States.
Cement-Less Concrete Initiative in Saudi Arabia
We are fully committed to our cement-less concrete initiative in Saudi Arabia. This initiative aligns with our mission to provide sustainable and innovative building materials that reduce the carbon footprint of construction projects. Our collaboration with local partners in Saudi Arabia is progressing well, and we are excited about the potential impact of this project on the global construction industry.
Discontinuation of 3D Printer Filament Operations
In line with our strategic focus on high-value projects, we have discontinued our operations related to recycled 3D printer filaments. This decision allows us to concentrate our resources and efforts on initiatives that we believe will provide the greatest benefit to our shareholders and contribute to our long-term success.
Commitment to Innovation and Sustainability
CarbonMeta Technologies remains committed to innovation and sustainability. Our focus on developing and commercializing technologies that transform waste into valuable resources continues to drive our strategic decisions. We are dedicated to creating value for our shareholders while making a positive impact on the environment. We've faced challenges before, and each time, we've emerged stronger. This time will be no different.
Thank you for your continued support and confidence in CarbonMeta Technologies. We look forward to sharing more updates with you in the near future.
1manband
3 months ago
COWI is insolvent. They have NO MONEY, and are sliding into the expert market. The chances of them completing the audit, completing and filing the delinquent 10-K, then filing the delinquent 10-Q, all in the next 2 weeks, are damn slim. Especially since they have no money. They can't even afford to buy a cup of coffee, much less pay the auditors and their other professional service providers necessary to complete and file.
COWI is about to become completely and utterly worthless. Those that may have listened and won't get stuck holding a worthless and untradeable stock with a 100% loss won't think any of my FACTUAL posts were a waste of time, would they? Just those stupid and stubborn enough to not pay attention to the facts and are somehow thrilled to lose it all to Lloyd Spencer's lies and grifting.
1manband
3 months ago
Sure, feel free to donate more of your hard earned money to Lloyd and the toxic death spiral convertible funders. Surely they are more deserving of your cash than you are, right?
I have a policy not to come back and tell the fools who lost all their money on obvious scams like COWI "I told you so" after they get wiped out and the crooks have absconded with their money. But since you would like me hang around until the end, I will make an exception for you. I will certainly be here to remind you how stupid you were not only buying shares of this obviously worthless insolvent pump and dump in the first place, but then buying more when revocation by the SEC can come at any time, any day, without any warning. Be sure of it.
1manband
3 months ago
COWI's vast insolvency is unusual. It is not a common trait among penny stocks to be $25 million in debt with only $166k in assets. That is remarkably incompetent.
COWI IS DELINQUENT. Their extension periods ran out long ago. They only get 5 extra days for a 10-Q and 15 extra days for a 10-K. In both cases, they told the SEC they would definitely file their 10-Q and 10-K before the extension period ran out. They lied. But what else is new with Lloyd Spencer? The SEC is now revoking companies that are as little as 6 months from their last filed period. COWI hit the 6 month limit yesterday, which means the SEC can begin revocation proceedings against them at any time. Once they do, the stock will cease to trade and be revoked. Anyone dumb enough to be holding shares will lose 100% of what little they have left.
COWI's spin-off has not filed anything with the SEC to continue the registration process since January. My statement was factual and correct.
The stock has lost 99.99% of its value. Its current market cap is $21k, which is $21,000 more than it is worth.