CarbonMeta Technologies Inc (COWI)

[1manband]

The stock has lost 99.99% of its value since he became CEO, and it is certain to lose more. Just the presence of the massive amount of toxic death spiral convertibles guarantees it. They kill every company that issues them, and COWI will be no exception. They have millions of past due liabilities which they can't pay (including the taxes, they would be trade liabilities and salaries - things they need to pay to stay in business, which is highly questionable at this point), but would need to be paid before they even get to the toxic death spirals.

There is a darn good reason why the stock is at no-bid. And the illegal stock repurchase plan was about their last chance to move stock, which they did, for a little while.