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Alias Born | 04/24/2009 |
Tuesday, April 15, 2014 12:59:29 PM
http://www.otcmarkets.com/stock/COWID/filings
I have a perfect example of what has happened to COWI investors since 2011 under Mr. Lloyd Spencer's watch. Here again, through no fault of his own, corrupted management apparently left him with a choice of survival or BK and he has put everything on the line in an attempt to survive and hopefully prosper, to save what should be a wonderful little company. I admire his resolve, but let's not confuse my respect for Coroware and their staff with the investment risks associated with COWI.
I became so enamored with Coroware and it being a local Washington corporation that I simply let my trade ride through the PPS decline and then my first subsequent RS and had some silly notion that it just might come back enough to recover some of my negligent trading. Problem was that I became to sentimental about the products and the fine folks at Coroware instead of paying close attention and acting on the facts as I knew them to be. It was a total conundrum between emotions and facts. The facts won! Of course! LOL
Admittedly the loses are my responsibility as I didn't salvage what little of my trade as was left by the time it hit the terrible 0.0002s. I should have followed stop loss rules. Instead, I bought more! Fortunately I did not get sucked into LOADING-DA-BOAT, which was certainly a good thing. In any case, I have thus far lost 99.99% of my 2011 investment in what was hopefully going to be in a visionary business platform adding value to my retirement. Well, enjoy the Kool-Aid.
BUYS WITH NO SELLS: "NEVER SOLD A SHARE"
6/28/2011 BOUGHT 1000000 @ $0.0002 ($8.00) ($208.00)
6/28/2011 BOUGHT 1000000 @ $0.0002 ($8.00) ($208.00)
5/23/2011 BOUGHT 500000 @ $0.0006 ($8.50) ($308.50)
5/20/2011 BOUGHT 500000 @ $0.0006 ($8.50) ($308.50)
5/20/2011 BOUGHT 750000 @ $0.0007 ($9.63) ($534.63)
4/28/2011 BOUGHT 250000 @ $0.0007 ($7.88) ($182.88)
TOTAL $1,750.51
TOTAL INVESTMENT: $1,750.51
AVERAGE PPS: $0.0005
TODAY'S MARKET VALUE: $0.05
TODAY'S BALANCE: -$1,750.46
BOTTOM LINE:
Yes, I am very interested in seeing THE FINANCIAL REPORTING and what may have transpired so as to make COWI a viable trade today, unlike in recent years past. But with another pending RS, whenever that may be prudent, and possible relegation to the PINK Sheets and given the current economy, everything is on the line. COWI could be a moon shot or just another graveyard for investors whom believed in the impossible dream. Could it finally have come of age, earnings out distancing debt, or are we in for more fleeced investors who move on without looking back or simply quit trading in the penny markets?
.........
STANDING BY FOR THE COWI TRUTH
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Recent COWI News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/01/2023 09:20:45 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/15/2023 09:47:41 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/27/2023 12:30:16 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/22/2023 07:13:47 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 08:00:20 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2023 12:35:32 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 07/17/2023 02:06:52 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 06/28/2023 06:46:02 PM
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