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Current liabilities: 20.29m
The amount of your total liabilities equals the sum of the items listed in the liabilities section of your balance sheet. These items include actual dollar amounts you owe, such as accounts payable, notes payable and deferred taxes.
They also include upfront payments for services or products you have yet to provide.
Can you tell us how much of the liabilities are for upfront payments? Deferred taxes? We all know the notes are being taken care of through the PR's on forbearance agreements unless they lied about that as well.
This below shows they are getting this debt under control.
Coroware Inc's long-term debt to total assets ratio declined from Sep. 2014 (8.91) to Sep. 2015 (0.00). It may suggest that Coroware Inc is progressively becoming less dependent on debt to grow their business.
I choose to believe what I want and you can do as well and we will see who makes money since this is what is about.
COWI
It's funny, I have never made money in OTC by being conservative. Go big or go home. When I listen to all the negative I would of sold in the past missing the run, not now..... I accumulate.
COWI
I am sure it will be really clear for you and others when the Financials are finished! Along with increase revenues.
Be patient, it's coming and any speculation around this is just that.
COWI
Clearing out old Debt! Should hear more in an upcoming PR or 10k
CoroWare is furthering its long term plan to restructure and extinguish convertible debt with the objective of reducing debt and increasing shareholder value."
In return for YA Global's forbearance, CoroWare has agreed to a monthly repayment plan that will partially extinguish the unpaid interest portion comprising the convertible debenture during a period ending on April 30, 2016, and provide CoroWare with the opportunity to restructure its outstanding debt in cooperation with strategic investment partners.
In My Opinion the strategic partner is Microsoft!
Sounds like we are paying our Debt through a 20 week structured payment plan! Sounds like we are doing the right things for the shareholders.
20 weeks? We must be making some mad cash now!
CoroWare has begun its long term plan to extinguish convertible debt with the objective of reducing debt and increasing shareholder value."
In return for Blackbridge Capital's forbearance, CoroWare has agreed to a structured repayment plan that will extinguish the convertible notes over a 20 week period.
IMO
COWI
I guess some jump to conclusions before reading the restructuring forbearance agreements for the Convertible debt.
Folks, we are in a new era for COWI, They are making money, paying off debt, working directly with Microsoft on Hololens projects and getting it done!
Get in or get out, the train is boarding
COWI
Wonder how many more of CoroWare employees are working directly with Microsoft?
https://www.linkedin.com/in/mitch-ramey-67780196
https://www.linkedin.com/in/joseph-brabo-461a4955
https://www.linkedin.com/in/parkerciambrone?trk=pub-pbmap
https://www.linkedin.com/in/diana-pascual-4a606a6?trk=pub-pbmap
https://www.linkedin.com/in/andrewalaniz
We just have to be a little patient. The progress is evident and this is no quick flip. Hold for the Gold!
Financials will show progress and commitment to us shareholders.
COWI-lelujah
Making it happen:
Coroware Inc's long-term debt to total assets ratio declined from Sep. 2014 (8.91m) to Sep. 2015 (0.00). It may suggest that Coroware Inc is progressively becoming less dependent on debt to grow their business.
http://www.gurufocus.com/term/Long-Term+Debt/COWI/Long-Term-Debt/Coroware-Inc
I am glad to see CoroWare has a plan to pay back short term debt.
CoroWare is furthering its long term plan to restructure and extinguish convertible debt with the objective of reducing debt and increasing shareholder value."
In return for YA Global's forbearance, CoroWare has agreed to a monthly repayment plan that will partially extinguish the unpaid interest portion comprising the convertible debenture during a period ending on April 30, 2016, and provide CoroWare with the opportunity to restructure its outstanding debt in cooperation with strategic investment partners.
Coroware Inc (OTCPK:COWI)
Short-Term Debt
$4.57 Mil (As of Sep. 2015)
Short-Term Debt is the portion of a company?s debt that needs to be paid within the next 12 months. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Coroware Inc's short-term debt for the quarter that ended in Sep. 2015 was $4.57 Mil.
Long-Term Debt is the debt due more than 12 months in the future. Coroware Inc's long-term debt for the quarter that ended in Sep. 2015 was $0.00 Mil.
Soon we will see when Fins come out! Until then none of us knows what is truly happening. I am leaning towards them cleaning this up slowly but surely.
COWI
Thank God we are dealing with a Fortune 100 not 1000 Company!
Let's say it together Microsoft, see not that hard.
I bet you will be disappointed when Fins come out. That way we can see all of the updates.
COWI
Wow, talk about one side of the story. Now I get it! Lol
Sorry, all the facts are not stated but I understand why so it's all good!
I will buy more. Have a great Easter!
COWI
Please share with us the specific notes you are talking about that are still open. From what I see there are no notes due more than a year from now and a couple left that agreements are in place to pay off.
We need specifics not just all debt ever incurred even though payed for or converted already.
Thanks in advance. If we don't hear back we understand.
COWI
http://m.crn.com/news/channel-programs/video/300080127/microsoft-bets-on-virtual-reality-artificial-intelligence.htm
What does it take to be Microsoft Gold Certified?
Gold: The gold competency, and highest Microsoft certification, is awarded to companies that have demonstrated high-level expertise and a specialized, proven skill set in a given technology or service area. Microsoft recognizes these partners for their exceptional commitment to strengthening customer relationships by offering effective, innovative business solutions. These businesses are among only 1% of Microsoft partners worldwide that have attained this outstanding degree of proficiency.
So what does it take to earn a gold or silver competency? Microsoft requires a rigorous process for partner companies to earn competencies. On a high level, companies must demonstrate:
Skill: Employ a minimum number of Microsoft Certified Professionals (MCPs)
Proficiency: Pass in-depth certification exams developed by Microsoft
Experience: Demonstrate real-world successes with at least five years in business
References: Provide customer references and projects verified by Microsoft
Since Microsoft shut down Operations in Israel we all know who the "Different Technology" from the USA is now don't we?
Hololens to use different tech from US
According Ynet, the group was working on the HoloLens for the past 2 and a half years, based on technology of a company that Microsoft bought in Israel 6 years ago. Microsoft will now be stopping the project, and continue development on the HoloLens through a different technology, produced in the US.
Look what I found! Shows COWI getting a handle on debt.
http://www.gurufocus.com/term/Long-Term+Debt/COWI/Long-Term+Debt/Coroware+Inc
Yeah, I know don't feed the Bears! I know what's going to happen...
And that is why I continue to collect more bones! Lol
COWI
Not really I don't and that is why I was asking you if you had any proof or facts that they were or were not. Thanks in advance.
COWI
Do you have any facts that show they are not paying any of this debt back?
Is this all open debt or everything they have incurred along the way?
COWI
Wonder if anyone from CoroWare will be here?
https://channel9.msdn.com/Events/Build/2016/B854
COWI
Ha! Amen for that! Can I hear a COWI-Lelujah
Happy Easter all
COWI
It is of my opinion that you can't say they are lying about a buyback until the financials come out and/or a PR. The toxic financing is being dealt with according to PR's about Blackridge and YA and the restructuring deals. If they do not carry on with these then you can say that they lyed.
Can you tell us that based on PR's that they are doing this stuff? It is your opinion they are not but can't be confirmed or denied at this point.
I f you do not want to buy any shares we will be alright here alone.
IMO
COWI
Clearing out old Debt! Should hear more in an up[coming PR or 10k
CoroWare is furthering its long term plan to restructure and extinguish convertible debt with the objective of reducing debt and increasing shareholder value."
In return for YA Global's forbearance, CoroWare has agreed to a monthly repayment plan that will partially extinguish the unpaid interest portion comprising the convertible debenture during a period ending on April 30, 2016, and provide CoroWare with the opportunity to restructure its outstanding debt in cooperation with strategic investment partners.
In My Opinion the strategic partner is Microsoft!
IMO
COWI
Sounds like we are paying our Debt through a 20 week structured payment plan! Sounds like we are doing the right things for the shareholders.
20 weeks? We must be making some mad cash now!
CoroWare has begun its long term plan to extinguish convertible debt with the objective of reducing debt and increasing shareholder value."
In return for Blackbridge Capital's forbearance, CoroWare has agreed to a structured repayment plan that will extinguish the convertible notes over a 20 week period.
Senior Program Manager position open at CorWare. First time I ever seen this for qualifications:
Desired Skills and Experience
Qualifications:
•5+ years experience in consulting services
•2+ years experience with Microsoft Consulting Services, Microsoft Premier Services, or Microsoft Operations
•Cross-functional communications skills - interacts effectively within a team environment and works collaboratively
https://www.linkedin.com/jobs2/view/108063788?trk=biz-overview-job-post
Hello Mitch Ramey:
https://www.linkedin.com/in/mitch-ramey-67780196
Test, troubleshoot, repair and calibrate the Microsoft Hololens- a state of the art complex electromechanical optical system.
Ha! No not my first Rodeo for sure. When I first started I fell in the trap of hearing only what I wanted and lost money. I am really confident in this play but always guarded. I pick my exit point to get my investments back then let it ride for higher gains.
Looks good here!
Thanks for all the DD from all.
COWI
Excellent DD! It is now out in open
Nice!
All the negative the last couple weeks you may have thought the Float was 2 billion! This is still low even though there is another CD note.
I will hang in there.
PKGM
Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date: 107,671,432 shares of common stock are issued and outstanding as of March 18, 2016.
NEWS out! 10q/a
My feeling is not like some, I am not thinking Copper but would love to be wrong. I am thinking .005 unless Float and shares outstanding are dropped as promised. You will here Silver and you will here bankrupt on this board. Trust your gut and DD. If you have a weak stomach then you may not want to read this forum if we start running.
IMO
COWI
Just imagine if all
Goes well how much in demand COWI will be in?
Huge industry happening right before our eyes.
Can't wait until it is confirmed what we all know already!
COWI = Revenue and great partnership with Microsoft
Think I am buying more! Thanks for convincing me
COWI
Awesome GoldDog!
Alright! Time for BTFL to shine. Still holding my triple 8's
BTFL
Must not be true because it wasn't announced on CNN that they were buying back shares! LMAO
COWI is our ticket! Hold on tight and you are not free to move about the Cabin!
As would I if I shorted this!
COWI