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Here comes the train again
COUV ready to roll......
Here's the full text. Very encouraging news...
February 14, 2023 Corporate Universe 8K Press Release
Corporate Universe, Inc provides Update Progress by the Company
– Update on business progress since share suspension on February 9, 2021 –
Corporate Universe, Inc.
One World Trade Center
85th floor
New York, NY 10007
Phone: 212-220-8416
February 14, 2023
Dear Valued Shareholder,
We are pleased to provide the following shareholder update.
Based on recent world events, we believe that the need for energy security is at the top of the geo-political agenda, furthering the need for sustainable, renewable energy. In our opinion, this was recently highlighted by the US government’s investment of $30 billion in renewable energy development, which is expected to be replicated by other governments across the world.
Our wholly-owned subsidiary, Carbon-Ion Energy, Inc. (“Carbon-Ion”) is dedicated to the development of sustainable energy systems based on its proprietary supercapacitor technology. References in this letter to “we,” “us,” and “our” include Corporate Universe, Inc. and its wholly owned subsidiary, Carbon-Ion.
A January 2023 International Energy Agency (IEA) report stated that the energy world is in the early phase of a New Industrial Age – the age of clean energy technology manufacturing. The report estimated that clean energy technology would be worth roughly $650 billion dollars per year by 2030, more than three times today’s levels, based on countries worldwide fully implementing their announced energy and climate pledges. Carbon-Ion is positioning itself to lead in its chosen markets in the UK and US to keep pace with the worldwide goal of carbon neutrality by 2030. The first step is the development and deployment of grid services applications.
Carbon-Ion will work collaboratively with the goal of being the “go-to” partner in the industry for projects where improved management of power enables the optimization of current and future energy storage and delivery systems. The applications in need of our innovative technological solutions vary from power grids to transportation to hybridization of EV – virtually any application which requires quick-charging power-on-demand.
By any measure, we believe that we have come through an important chapter, which presented both profound challenges and remarkable opportunities to accomplish difficult tasks. We are excited to finally have the opportunity to share our progress with our shareholders.
Historical Context
In December of 2020, Carbon-Ion acquired the patents, scientific team, and assets of ZapGo, Ltd. The corporate goal has been to establish a disciplined and focused process which places Carbon-Ion on a sustainable path of growth and scalability. On December 10th, 2020, Corporate Universe, Inc. and Carbon-Ion entered into a binding letter of intent to merge in order to access the capital markets for Carbon-Ion. As we worked through the details of the merger, Corporate Universe was struck with a trading suspension on February 9th, 2021.
Careful Deliberation
During the merger process and since, we have been working diligently to have the trading suspension on the Corporate Universe stock removed. Despite the unavoidable and unanticipated delays associated with the merger, Carbon-Ion continued to advance its proprietary technology to prepare for full-scale operations. Carbon-Ion overcame numerous pandemic-related challenges, which included staffing shortages and global supply chain issues. The trading suspension and subsequent delisting resulted in lengthy and costly legal and auditing delays beyond our control. However, we are excited to report that, after having overcome many difficult obstacles, we are now fully focused on executing our business model.
Decisive Action
Despite the aforementioned challenges, we are pleased to announce that we have accomplished the following critical steps in our corporate development:
We have become a fully reporting SEC Form 10 company, which is current in all of its filings. We are on track to file Annual Report on Form 10-K by the 03/31/2023 deadline.
We are in the process of seeking ways to increase liquidity in the capital markets for our shareholders, including listing on the OTC.QB marketplace, although we cannot guarantee that we will be able to ever list on the OTC.QB
We completed the building and fit-out of our state-of-the-art laboratory in Milton Park—a Center of Innovation in the heart of the Oxfordshire Energy Corridor. This new lab will allow us to accelerate our scientific and engineering program, which will expedite commercialization of our proprietary Carbon-Ion SuperCaps. Photos of the finished laboratory will be posted on our website. https://www.carbon-ion.energy/
Our patent portfolio consists of 40 issued patents or allowed patent applications and 53 are pending patent applications currently under examination. 35 of the 40 patents were issued or allowed after we acquired the assets, which equates to more than one patent issuance or allowance per month.
Our team of scientists and outside patent counsel have identified over 20 areas of interest in which we intend to file additional patent applications. Our scientific team has a great deal of know-how, with particular emphasis in manufacturing and performance.
Our Intellectual property portfolio is evenly balanced across technological applications, novel manufacturing processes, and core designs. Areas covered include our new supercapacitor technology, Generation 4, performance optimization, structural supercapacitors, charging, hybridization, manufacture and design.
Our outside patent counsel has informed us that Carbon-Ion likely ranks in the top 10 patent application filers in our supercapacitor category.
Following successful submission of letters of intent to the U.S. Department of Energy, we are preparing full submissions to apply to their SBIR (Small Business Innovation Research) Program. This Government program provides grants and helps small businesses conduct research and development. Carbon-Ion meets the criteria for submission, which includes potential for commercialization and specific DOE qualifications.
Mr. Steve Shine OBE, has joined us as our Chief Strategy Officer. He was awarded his OBE (Officer of the Order of the British Empire) by the Queen in recognition of extraordinary contributions to the country in his line of work. Mr. Shine is a highly experienced board management professional with a career spanning three decades. Mr. Shine has held many executive and non-executive roles. Most recently Mr. Shine was executive chairman at Anesco, a global leader in renewable energy and one of the top clean-tech companies in the world. Mr. Shine’s other executive roles have included being the Chief Operating Officer of Thames Water (the largest water and wastewater business in Europe) and being the Managing Director of the largest electrical distribution network company in the UK (part of EDF Energy).
We are actively pursuing several Joint Collaboration Agreements to commercialize our technology and look forward to announcing them upon completion.
Final Thoughts
When something is vital and necessary, it’s essential to ensure it’s done correctly.
With that in mind, we are preparing our company to become quoted on the OTC Marketplace, although there we can offer no assurance that we will ever be quoted on the OTC Marketplace. Regardless, we will continue exploring all paths to procure liquidity for our stockholders. We believe that we have built a strong foundation on which we can thrive as a public company. We have oriented Carbon-Ion to align to the market by actively pursuing collaboration with industry, academia, and government agencies in which to deploy its proprietary technology.
Moving forward, we anticipate being able to provide full transparency and consistent communications with our growing shareholder base.
Thank you for your continued support and confidence. We look forward to a bright future together.
Sincerely,
Andrew Sispoidis
Chief Executive Officer
For further information, please contact: info@corporate-universe.com or call (212) 220 8416
About Corporate Universe, Inc.
Corporate Universe, Inc. (the “Company”) acts as a holding company and is engaged in the energy sector where it is developing next generation of supercapacitors. Through its subsidiaries Carbon-ion Energy, Inc and Oxcion, Ltd , the Company is developing a new class of energy storage device with considerable functional improvements over commercially available supercapacitors. This technology is referred to as the Carbon-ion or C-ion cell in contrast to Lithium-ion or Li-ion. The C-ion cell has been designed to provide specific power characteristics significantly higher than a Li-ion cell. It is designed to be classified as non-flammable and non-hazardous for transport, allowing the product to be shipped easily and to comply with both current and future regulations. Due to the method of energy storage, the cell has fewer moving parts electrochemically and is designed to go through significantly more charge/discharge cycles or and operate for many years of normal use. The C-ion cell is being designed for manufacture using many of the technologies well known in Li-ion cell production. This will enable Carbon-ion to quickly scale-up production and to use manufacturing capacity already in existence. This will allow new products to be made and extra functions to be added to existing products.
Exhibit 99.1 - Corporate Universe, Inc provides Update Progress by the Company
February 14, 2023
https://www.sec.gov/Archives/edgar/data/1450307/000165495423001714/couv_ex991.htm
– Update on business progress since share suspension on February 9, 2021
Link to 8-k dated February 14, 2023. Link
So it's a private company? Not public in couv?
A couple of useful links recently posted on Stocktwits board, courtesy of JoshEngland.
http://www.checkcompany.co.uk/company/06826090/OXCION-LIMITED
https://suite.endole.co.uk/insight/company/06826090-oxcion-limited
Perhaps things are developing? :)
Ohhh. Lol. I hope this gets going soon!!
No.....not yet.......just a 20% bounce off bottom
All systems go? Did I miss a news release?
ratbastards determined to destroy the bid today. couv
Umm, based on the podcast and the 10-Q, I know plenty. They are still years away from revenues.
Will they be able to raise enough funding via share issuances (and more debt) to be market ready by 2025, as they hope?
SEC Filing 10-Q Quarterly Report for the period ending Friday, September 30, 2022
Mon Nov 21 2022
https://last10k.com/sec-filings/couv/0001654954-22-015616.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=10KQ2040F&utm_term=couv
That was because COUV had several companies-one of which
claimed to have a mask that could prevent covid so COUV was suspended by the SEC, thus the cluster fck
Carbon Ion will be its own entity and shareholders of COUV will be protected per Sispoidis and the CC questions which were asked about current COUV shareholders
Only a matter of time now..........
" Seems my perception of what the future might hold for COUV has been proven to be right.:
Ummmmmmmm....don't think so
Most in the USA can't buy it and probably that has been a good thing
Let's see an announcement w the plan to get off the Grey's
Already been at least 1 prior headfake
DON'T MISS THE TRAIN THIS TIME
Get onboard or get left behind
https://www.bing.com/videos/search?q=missing+the+valor+nassau+11%2f26%2f12+dock+runners&view=detail&mid=6E7FD2C2512F66C2FDF06E7FD2C2512F66C2FDF0&FORM=VIRE
Corporate Universe Inc.
So do u all think this has hope to coming back to live?
Smart dude.
Promising tech
Screwed all by going to the Grey's
good interview, wtm, thanks for posting that. strong day so far. couv
Podcast interview with Andrew Sispoidis -- Carbon-Ion
Posted Nov 1, 2022
Corporate Universe Inc (COUV) SEC Filing 10-Q Quarterly Report for the period ending Thursday, June 30, 2022
10-Q Quarterly Report Thu Nov 17 2022
https://last10k.com/sec-filings/couv/0001654954-22-015480.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=10KQ2040F&utm_term=couv
Are you? You know nothing-you are only speculating as are the rest of us
'fraid so, rb. pretty sure we're jacked on this one. couv
You are kidding, right?
One can only hope.
they must be raking it in, and have a lot of numbers to tally up. couv
10-Q - NOTIFICATION OF LATE FILING
November 14, 2022
https://fintel.io/doc/sec-corporate-universe-inc-1450307-nt-10q-2022-november-14-19310-8891
The Company is unable to file its Quarterly Report on Form 10-Q for the fiscal year ended September 30, 2022 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.
I'm maintaining patience, hoping and praying for positive developments.
Not looking good, is it, now four months later? Seems my perception of what the future might hold for COUV has been proven to be right. Sad. My first posts here were around Jan 2, 2021......
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160621554
Betcha this battery tech never gets close to commercial success. It's failed abjectly so far.....
Down 97 % despite the bump. Come on captain steer this ship and get something going. :(
not so fast! this thing is nuttier then a pet coon. would prefer it to make some positive moves, or just get it over with and die out. as long as it's lingering, there's still a sliver of a chance that it recovers, but seems unlikely at this point. tune in tomorrow, i guess, is about all we've got. couv
Do you know what this means? TIA
What does this mean?
I believe they'd have to get current on their financials and off the expert market before they can do a reverse split. Their recent action on the preferred shares allows the preferreds to be treated the same as common shares in regards to a reverse split. It may be just housekeeping or it could indicate that they're contemplating an eventual reverse split once they get current again.
So is this just some housekeeping or are they doing the housekeeping to get everything in order to do an R/S?.
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Over 30 Patents for Best of Breed Battery Technology Applications
NEW YORK, NY / ACCESSWIRE / December 16, 2020 / Corporate Universe, Inc. (OTC PINK:COUV) is pleased to announce they have entered into a Definitive LOI to acquire Carbon Ion Energy Storage Ltd (or Carbon-Ion Energy Storage, Inc, fka ZapGo, a high technology electric battery development company, building the next generation of energy storage devices. One that is safer, faster charging, does not use rare-earth materials and can be recycled at end of life.
Carbon Ion Energy Storage Ltd has acquired all the assets of ZapGo Ltd, inclusive of over 30 patents and the benefit of $25 million research and development. Currently the company has a Gen IV battery which is being prepared for commercialization.
With the advancement and acceptance of battery powered vehicles, tools, toys, appliances, personal electronics and much more the global market was estimated at over $113 Billion dollars in 2019 and will grow 3-fold over the next 5-7 years according to Grandview Research. For the past 50 years Lithium-Ion batteries have led this epic growth, even though they are challenged by battery life, charging times, heat and the potential for igniting or exploding. Carbon Ion has the solution for the next 50 years.
The company's technology provides:
Mr. Andrew Sispoidis , CEO of Carbon Ion said., "I'm proud to join the world class team at Carbon-Ion. The company's scientific and technical foundation is the strongest I've ever seen. The technology is many years ahead of the industry, is ready for commercialization, and it significantly advances the current state of energy storage by many years. Mr. Sispoidis continued, "Although this is a non-traditional path to enter the capital markets, the process moves quickly, provides immediate capital and will allow shareholders to grow with us. The company will move with laser focus on commercializing their products as well will be moving towards a NASDAQ listing in 2021."
Isaac H. Sutton, CEO of Corporate Universe stated, "As I've previously told our shareholders, our goal was to identify opportunity for our shareholders, and in this transaction, I believe we have exceeded expectations and couldn't be more excited to bring this opportunity to the market and our shareholders. Effective with the closing which is targeted before years end, Andrew will assume the CEO position, and I will become the COO. I will be focused on moving the public company expeditiously and compliantly towards a senior exchange, as Andrew and the team are focused on the business of batteries. I believe this next year will be transformative!"
About Carbon Ion:
Established is July of 2020 to acquire the assets of ZapGo LTD which has developed a new category of energy storage device called Carbon-Ion™ of C-Ion®. This technology charges 50x faster than lithium-ion batteries, and radically improves the performance of supercapacitors by using high surface area carbons and ionic electrolytes. The company currently has over 30 Patents and acquires a decade of Research and Development. The company is moving to commercialization. The new company website will be completed within the next several days, please visit www.C-Ion.com.
Mr. Sutton has more than 40 years of successful entrepreneurial experience, especially in emerging markets where he has founded and ran several companies. He has held multiple roles as either President, Chief Executive Officer, or Chairman of the Board for numerous companies, including GolP Global Inc. and Tarsier Ltd. He holds a Bachelor of Arts degree in Business Administration from Pace University.
Corporate Universe Inc
isutton@corpuniverse.com
1-302-273-1150
NEW YORK, NY / ACCESSWIRE / August 25, 2020 / Corporate Universe, Inc. (OTC PINK:COUV) is pleased to announced today the company has purchased 106,000,000 million shares from a former shareholder, and will be retiring these shares to treasury. This transaction will reduce the total outstanding shares by just under 20%.
NEW YORK, NY / ACCESSWIRE / August 3, 2020 / Corporate Universe, Inc. (OTC PINK:COUV) is pleased to announce that pursuant with SEC filings, Mr. Isaac H. Sutton has been appointed CEO and Board Member. All past Officers and Directors have resigned. New management is in the process of evaluating several business opportunities and/or acquisitions. The company has revived its corporate status with Delaware and is now active.
Isaac H. Sutton, Corporate Universe Inc. CEO stated, "I'm please to step in and work on behalf of the shareholders to bring Corporate Universe current and position the company for success. Within the next 30 days, we will be working diligently to be Current on OTC Markets and have audited financial statements posted. We are also in the process of launching our new website www.corpuniverse.com , which will keep our investors updated with the Company's latest news and developments."
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