CarbonMeta Technologies Inc (COWI)

[golfer123]

a couple of things wrong with your logic

1. How do you know that the forbearance agreements are still valid? Cowi had to make interest payments of > $100K, do you know for a fact that they made those payments? Based on the cash flow statements for their entire history my guess would be they did not make the payments to YA Global.

2. If by some miracle they did make the payments and the forbearance agreement is in place, what's to stop all the other convertible debt holders from converting??? There are numerous other debt holders besides YA Global.

No doubt the selloff today was conversion selling. Only other explanation is someone on here who claims to be a long and has a boatload of shares dumped.

Either way not looking good.

Also everyone expecting 10K by the end of this week. Last year it wasn't filed until August I believe. I would not be holding my breath for it to be filed anytime soon, but when it is I don't expect any dramatic news that will make this suddenly skyrocket as so many on here are expecting.

I await your intelligently crafted responses/rebuttal of my statement.