Wednesday, August 24, 2016 4:53:48 PM
And that is what toxic death spiral convertibles do. Every time. Guaranteed.
COWI has already lost 99.99% of its value since they first issued the toxic death spirals. And even after not one but TWO 1-200 reverse splits, here we are again right back at no-bid and the O/S soaring due to daily dilution from the toxic death spiral conversions.
COWI is an absolute train wreck, and the Company's own SEC filings were available to everyone that it was not only going to happen, but has been happening now for years.
And it is not going to end, which means current and future investors will lose everything they put in this stock, too.
Recent COWI News
- Form 15-12G - Securities registration termination [Section 12(g)] • Edgar (US Regulatory) • 07/10/2024 08:38:14 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 05/15/2024 10:20:26 AM
- 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
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