September 13, 2023
Item 1.01 Entry into a Definitive Material Agreement
Securities Purchase Agreement
Effective July 28, 2023, Corporate Universe, Inc. (the “Company”) entered into a Securities Purchase Agreement with an accredited investor (“Buyer”) under which Buyer agreed to purchase up to $1,500,000 in 10% promissory notes (“Notes”) from the Company. The Notes bear interest at a rate of 10% per annum and have a 1-year term. In connection with the purchase of a Note, Buyer will also receive shares (“Shares”) of the Company’s common stock, par value $0.0001 per share (“Common Stock”) in an amount equal to twenty five percent (25%) of the principal amount of the Note subscribed for by Buyer divided by $0.01. On or about July 31, 2023, Buyer funded $500,000 to the Company for an initial closing of Notes and Shares, at which time the Company issued Buyer a Note for $500,000 and 12,500,000 Shares. On or about August 31, 2023, Buyer funded an additional $1,000,000 to the Company for a subsequent closing of Notes and Shares, at which time the Company issued Buyer a Note for $1,000,0000 and 25,000,000 Shares. The proceeds received at the initial and subsequent closing were used for working capital and general corporate purposes. The issuance of the Notes and the Shares were exempt under Rule 506(b) of the Securities Act of 1933, as amended.
The foregoing does not purport to be a complete description of each of the Notes and the Securities Purchase Agreement and is qualified in its entirety by reference to the full text of the Notes and the Securities Purchase Agreement, which are filed as Exhibits 4.1 and 10.1, to this Current Report on Form 8-K and incorporated herein by reference.
August 14, 2023
Part III, Narrative
The Company is unable to file its Quarterly Report on Form 10-Q for the period ended June 30, 2023 within the prescribed time period because additional time is required to finalize its financial statements to be filed as part of the Form 10-Q. The Company expects to file the Form 10-Q within the extension period of 5 calendar days.
August 9, 2023
Item 1.01 Entry into a Definitive Material Agreement
Effective August 2, 2023, Corporate Universe, Inc. (the “Company”) entered into a Contribution and Exchange Agreement (“Contribution Agreement”) with its wholly-owned subsidiary, Carbon-Ion Energy, Inc. (“Carbon-Ion”), whereby in consideration of the Company’s transfer of its remaining assets and its ten-million shares of Carbon-Ion common stock held by it, Carbon-Ion issued the Company the following: (i) six hundred million sixty eight thousand four hundred twenty (600,068,420) shares of Carbon-Ion common stock, par value $0.000001 per share; (ii) one hundred thousand (100,000) shares of Carbon-Ion series D preferred stock, par value $0.000001 per share; (iii) eighty-one thousand thirty two (81,032) shares of Carbon-Ion series E preferred stock, par value $0.000001 per share; (iv) one hundred thousand (100,000) shares of Carbon-Ion series F preferred stock, par value $0.000001 per share (the and (v) nineteen and 675/100 (19.675) shares of Carbon-Ion series G preferred stock, par value $0.000001 per share
The foregoing does not purport to be a complete description of each of the Contribution Agreement and is qualified in its entirety by reference to the full text of the Contribution Agreement, which is filed as Exhibit 10.1, to this Current Report on Form 8-K and incorporated herein by reference.
"What is COUV price prediction?
Future price of the stock is predicted at 0.063456819791942$ (3239.833% ) after a year according to our prediction system. This means that if you invested $100 now, your current investment may be worth 3339.833$ on 2024 July 29, Monday." :)
Shocking for sure, but very cool if it did! DBMM
Huh? This was once at .80..... the drop has been precipitous and there is zero signs of anything good coming.
Who cares........just buy and enjoy the ride
Link to Form 10-Q, Q1 2023 quarterly report. https://flashalert.me/?symbol=COUV&source=SEC&referer=https://stocktwits.com/&url=https://www.sec.gov/Archives/edgar/data/1450307/000165495423007058/couv_10q.htm&s3=COUV/2023-05-22/17-21-38_000000/10-Q/079336604577e5b1ebb3ed256a9f7245/0001654954-23-007058-index.htm
I believe I'll be selling this at the eoy
finally to lock in a modest loss
They get points for actually filing. But it seems the future remains bleak, at least to me, which has been my opinion since this first hit the news.
They're accruing debt, and issuing promissory notes. Seems there should be a line item for R&D. Didn't see one.
hang in there, early, we're just one 02/21 type of run away from turning that percentage completely around! couv
Hate to again be the negative Nellie, but that news appears quite fluffy.
From my first time on this board, I've taken the skeptics view...
Ya'll will need luck and a lot more to ever recover your losses, I'm afraid. Wish I would be wrong.
COUV ready to roll......
Here's the full text. Very encouraging news...
February 14, 2023 Corporate Universe 8K Press Release
Exhibit 99.1 - Corporate Universe, Inc provides Update Progress by the Company
February 14, 2023
– Update on business progress since share suspension on February 9, 2021
So it's a private company? Not public in couv?
A couple of useful links recently posted on Stocktwits board, courtesy of JoshEngland.
Ohhh. Lol. I hope this gets going soon!!
No.....not yet.......just a 20% bounce off bottom