CarbonMeta Technologies Inc (COWI)

[1manband]

Define "OK".

The Company is defunct. The operating business, and all their assets, have been seized by the secured lender. All that is left in COWI is the $20 million in remaining liabilities, which do not go away. Which means COWI is not even a viable shell company. It is garbage and is worthless.

The last communication from the Company, which is still the only thing on the corporate website, is that the Company is dead and management will wind it up. Which means voluntary dissolution is likely. Once that happens, the ticker is likely to disappear forever shortly thereafter.

The only thing that is "OK" is that COWI and Spencer can no longer rip off shareholders and pocket their money.