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SEDI is the same way. Any casual searcher will get frustrated and quit long before they find the information they need.
Granted, SEDAR was due for an update. For years it ran off an IBM 386. But they took the best parts of the old site and trashed it.
Huh? Do you realize that I am not talking about you? This thread is a separate conversation about someone else entirely.
The world does not revolve around you.
Yes, welcome to the hell that is SEDAR+.
I hate it.
And it is down for "maintenance" every weekend, which is exactly when a lot of investors want to use it.
Best thing to do is click the "profile" tab, then in the profile box put in the name of the company. The results will be at the bottom of the page. Click the company link. It will bring up the profile page. Click "search and download documents for this profile" and then you can rearrange by type or date.
Yeah, SEDAR+ is much less user friendly and takes a ton more steps to get where you need to be.
All I can do is shake my head at the idiocy. He is getting nuttier and nuttier by the day. Facts just don't seem to get through the tin foil he has willing wrapped around himself.
That is no way for a lawyer to act.
Nope, there is plenty of crazy there that has yet to be released.
Those NSS fools will hold on to their beliefs, and the stock, far beyond the date it gets lowered into the grave.
The Weekly World News and the National Enquirer were once among the most read periodicals in the USA. That does not make them factual sources.
We already know that the Government of India closed ranks around their billionaire and covered for him for the sake of national pride and keeping the economy together. Other countries do the same thing. Russia, for instance.
They are a different country and that is what happens in countries like India.
A "report" from a biased source inside India. Yeah, sure, that is 100% factual and not paid for by the Indian Billionaire at all.
The Media in developing nations is not to be considered to be honest, factual, or unbiased. Because it isn't.
You are making assumptions that are not based on factual evidence.
Yes, many offshore accounts are used to evade taxes, but not ALL of them. And, depending on the account, they pay local taxes but are not necessarily required to pay home country taxes until such time as they move the money back into the country. Ask Alphabet about that and the billions they have stashed in Ireland to avoid US taxes.
Hindenburg publicly announced what they did. Do you really think they then evaded taxes after giving everyone a heads up about it? I highly doubt it.
Your claims about "all" of those involved didn't pay taxes is just BS you made up to support your claims.
Never trust money to a man whose nickname is "Rocket".
This story is just like so many others. Investors doing absolutely ZERO due diligence or ensuring the investment is legally in compliance with the law get scammed. Yeah, Rocket is certainly responsible, but he was only able to do what he did due to the ignorance, laziness and GREED of his marks.
He says he didn't spend the money on luxury goods, and he does admit running a ponzi scheme by using funds from new investors to pay off old debts, but where did the remaining millions go?
2 to 1 he blew a big chunk, if not all of it, in casinos.
My information is 100% factual taken directly from COWI's own SEC filings.
The problem IS Lloyd Spencer, not me that is only providing the truth of the pump and dump he is running as proven by his history and his own disclosure.
You really need to read the SEC filings for once.
So what is your definition of a "good guy"? Certainly not a police officer or firefighter, since they do what they do for money, just like Hindenburg.
I guess the only "good guys" in your world or those who do something for no remuneration of any kind then? Must be a pretty small world.
There is 4 TRILLION new shares available. The toxic death spiral convertible holders, and Lloyd Spencer, will thank you for giving them your money.
Yes, some ignorant staffers may have. But I continue to believe that the DOJ investigation is not, and never was, at all about the short sellers themselves. Instead, it may be about possible leaks about their short positions that some unrelated parties are illegally trading on. Since none of the short sellers that either confirmed themselves, or are rumored to be, part of the investigation have slowed down their activities, I think that suggests the APES were wrong.
Short Seller Carson Block and his Muddy Waters are also putting out new reports. The DOJ subpoenas are not slowing them down. Their most recent on Canadian mega-insurer Fairfax has the Canadian markets in a bit of a tizzy. Muddy Waters has recently been focusing on companies that they believe have inflated asset values and are due for a valuation adjustment. Besides Fairfax, they have been hitting property companies. All big multi-billion dollar companies. If their allegations are factual, they have the potential of really shaking up the entire financial markets.
The 4 TRILLION new shares the current toxic debt can be converted into doesn't bother anyone? It should.
COWI is insolvent pump and dump, and the toxic holders are dumping as much as they can as fast as they can before the few remaining "investors" realize it.
It is obvious "what is up".
It is EXACTLY as I predicted last week.
The toxic death spiral convertible holders are dumping as much, and as fast, as they can.
The stock recently traded for 0.000001. As per their contracts, the toxic death spiral convertible holders convert their debt into common shares at up to a 65% discount to the lowest trading price in the last 20 days. That means they convert their debt into shares at $0.00000035 per share! Even at $0.0001 they make bank. And since they have a virtually unlimited number of shares they can convert and sell, based on those numbers they have (and no, I am not making this up - it is in COWI's SEC filings), the current convertible debt converts into 4,000,000,000,000 new common shares. Right now. That's right - 4 TRILLION new common shares of COWI can hit the market.
Talk about dilution!
Those toxic convertible holders are dumping now because they know the company is essentially dead. The chances of them being able to pay for their audit and 10-K due soon are slim. So, they are dumping as much stock as they can before it becomes more difficult for them to sell (and find idiots willing to buy this worthless, insolvent pump and dump).
As long as their are "investors" willing to buy this trash, they will keep selling. Anyone willing to step up and buy 4 TRILLION new common shares?
So what is the problem with the short sellers publicizing their investment thesis, all of which is based on factual information?
Ironically, the short sellers usually have more current facts than the long holders, as most of their investment thesis is based on future probability.
That is what exchanges are supposed to do. All the US exchanges have the authority to do it, and they used to use it regularly. But they clearly no longer do so.
If you are going to buy penny stocks, you should at LEAST know what the terms mean.
COWI can't get "delisted" because it isn't listed.
That shows your ignorance that that you really don't understand any of this.
I suggest you might want to understand the facts and read the SEC filings. You might learn something.
And you can hold forever, but COWI won't be around that long. They are insolvent. The odds of them finding the money needed to complete the audit and file the 10-K when due are damn slim. COWI will be kicked to the gray market, and that will be the end of it.
Yeah, right. That is what all the penny pumpers say. They never lose any money - every pick is a winner!
And if you believe that, I have oceanfront property in Arizona available for sale. Go for it!
Oh yeah, so many people are able to sell at $0.0002. No one has doubled anything, since no one will buy their shares at that price.
The stock traded for 0.000001 today. The toxic death spiral convertible holders convert their debt into common shares at up to a 65% discount to the lowest trading price in the last 20 days. That means they convert their debt into shares at $0.00000035 per share! Even at $0.0001 they make bank.
The toxic convertible debt holders, and Lloyd, are the only people making money on this stock.
Dream on. COWI is completely insolvent, and the shares have no value.
This is the 4th pump and dump run by Lloyd on COWI. He will probably do exactly what he did the prior times. Once the pump winds down because they can find no more idiots to buy his story, he goes dark for a year or two. Then he latches on to the next hot story, claims COWI is somehow involved, and uses the new story to pump and dump the ticker all over again.
COWI is insolvent. They couldn't afford the cost of the last 10-Q and the S-1, so they had to borrow it from their subsidiary. How are they going to afford the audit and the preparation and filing of the 10-K? Borrow more from Carbon Conversion? Carbon already loaned them $97K - how much cash do they have left?
Why doesn't everyone that claims to be so enthusiastic about their COWI shareholdings give them the money? Put you money on the line and give it directly to Lloyd! Oh wait, Lloyd tried that for a couple years and he was only able to raise, what, $90K? I guess shareholders really aren't that excited about this stock after all.
You mean like pretending the shares will NOT be cancelled, and that common shareholders will get NOTHING?
Yeah, I see that delusion/lying a lot in bankrupt companies. There are always people who claim the courts are wrong and that shareholders will get something, even though the LAW proves they won't.
Endo shareholders are getting nothing. Guaranteed. It is spelled out, clear as day, in the Plan.
Seriously? COWI is DEAD. I would be VERY surprised if anyone hears directly from COWI ever again. They are insolvent, and had to borrow $97,080 from their spin-off subsidiary just to issue the last 10-Q. Good luck on seeing the 10-K anytime soon, if at all. They can't afford to pay for it.
Now that the S-1 is filed, there is absolutely no reason for COWI to continue. Anything of value (assuming there is any actual value in Carbon Conversion, which is unlikely) is being spun-out. All that is left in COWI is the massive, MASSIVE debt.
And how will COWI repay Carbon Conversion for that $97,080 loan? Once the spin-out is complete, all that COWI will have left is....Carbon Conversion shares. Look for them to either sell them, or more likely, return them to Carbon Conversion to repay the loan (I bet the loan terms require it, as almost certainly the loan is collateralized with the shares). It is highly unlikely that any current shareholders of COWI will benefit in any way from the spin-out.
There is really no reason to own COWI shares at this point, much less buying more. Just flushing money down the drain. Today's sell-off is likely to accelerate, as the toxic death spiral holders convert and dump as much stock as they can before COWI goes dark and their ability to do so is severely curtailed. Find the suckers who foolishly ignore the facts and somehow think COWI has value before even they realize the facts.
Chapter 7 bankruptcy will do that.
https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/1402479/000110465924009793/tm244766d1_8k.htm
Uh oh, looks like there may have been some financial misdeeds along the way. That led directly to the filing of Chapter 7 and skipping over Chapter 11. I think this is going to be interesting to watch and see what is discovered.
The stock is trading. You claimed it wasn't.
Other people are finding ways to buy shares. Why can't an "Engineer" follow suit?
That is EXACTLY what you said.
Not exactly. Maybe, maybe not. They already owe the new company a large amount of money, which can likely only be repaid with the return of those shares.
Uh oh.
In addition, COWI currently is about $25 MILLION in debt. Those shares legally belong to the creditors, not the shareholders.
Which means....the stock is actually worthless. Those shares of the new company are not owned by the COWI shareholders. They are meaningless.
Assuming the new shares have any value, of course. They didn't have any value in COWI, so why would they have value in the new company?
You said the stock is not trading. The volume proves that it IS trading.
Hey look! More trading volume TODAY!
You are the engineer. Figure it out.
WRONG. The par value of Mexus' common shares is $0.001. The person that needs to look up something is YOU.
Also, I never said they should try to sell shares at $0.0001. The point I was making is that Mexus cannot sell shares AT ANY PRICE, especially not at a price so far over the current trading price. Mexus is grossly overvalued at $0.0001 per share, much less at $0.005.
Are there really enough people without a brain cell willing to buy anything from Mexus? I doubt it.
I suggest you check YESTERDAYS trading volume.
The stock IS trading gray market.
Don't believe anything that Mexus says.
Hilarious! They are trying to sell NEW shares for $0.005 when anyone could buy as many as they want right now for $0.0001. Wishful thinking.
It is over. Not even Mexus investors are that stupid. Anything they raise would almost certainly go right into PT's pocket, just like the vast majority of the company's prior funds.
The stock is worthless. It is all just a show pumping and dumping this insolvent and worthless stock.
But, if anyone is actually interested in the technology that is purportedly being transferred to the spin-out company, there is absolutely no reason to buy, or even own, COWI stock. The record date for receiving the shares of the new company was months and months ago. A person had to be a shareholder then to get the new shares. Buying, or even owning, COWI shares now has absolutely no bearing on receiving the new shares.
But yet there are still people pumping this worthless and broke POS.
I agree. Mexus is DEAD. It will never rise again. I am certain the Government of Mexico is already on the case and aware of the mess they left at the mine.
The claims that there was recent activity at the site is almost certainly not related to Mexus, but were instead the government either accessing the mess and the environmental impact, or already conducting emergency work to prevent an environmental disaster.
I think you are being unfair to Ms. Peirce by mischaracterizing her position on regulation. She is fine with regulations as long as they solve a problem, and actually supports and advocates for a number of new regulations. Her issue is that she believes much of the current regulatory changes don't solve any systematic problems (and many are even done for political purposes rather than for actual needs), and may make the issues worse, and therefore they are burdensome and should not be made.
If you look at her comments through that lens, they make a lot more sense.
Having said that, I personally agree with her sometimes, and sometimes I don't.
And yes, she is absolutely exceedingly smart. I love that about her. But, at the same time, I don't believe she sees the market through the eyes of the investor. Frankly, I can say that about most of the SEC, and that is a problem. They think the average investor thinks one way and wants things to be done, when the exact opposite is true. Of all the Commissioners, she may be more "Ivory Tower" than the rest. But again, that is an issue with the entire SEC, not just her.
In regards to the SPAC's, I already know it is less about these specific regulations and more about one, if not THE, overreaching issue in the US financial markets, in her opinion. The SEC is not doing enough to help companies go, and stay, public. As an example of her championing new regulations, she wants to reform Reg D to prevent larger companies from using it to force them to go public at a much earlier stage. For SPAC's, she sees it as a solution to that problem, and a successful way to make it easier, and more attractive, for private companies to go public. She is all about the SEC changing the regulations for provide for more public companies to give US investors more opportunities to make money, so this change to the regulations will have a significant negative effect on the number of companies that go public. She lays that out perfectly in her opening paragraph:
"Certain features of Special Purpose Acquisition Companies (“SPACs”) needed fixing, but the market was fixing them before the Commission proposed this rule.[1] We could have assisted the market in achieving targeted and clear enhancements to SPAC disclosures without imposing unnecessary costs or venturing into merit-based regulatory territory.[2] With the time and resources it saved by engaging in a narrower rulemaking, the Commission could have undertaken a more meaningful project to assess and address the causes of the troubling dearth of public companies and the specific challenges of small companies seeking capital in the public markets.
That is what Hester Peirce is all about.
Ashley probably insisted. He didn't want people thinking he was involved with this dead scam any longer.
The Vancouver International Resource Conference was last weekend. Along with PDAC, it is the most important industry conference there is and is where deals get done. He probably was there and trying to find a new gig, but was being hamstrung by his association with Mexus. That is why the release was written the way it was. By saying he quit back in December, it didn't look like he was still somehow tied to Mexus while looking for a new job.