CarbonMeta Technologies Inc (COWI)

[1manband]

He's not trying to rip anybody off. He's trying to get the company out of debt.

On the contrary, the facts show otherwise.

There is little attempt to get out of debt. Instead, the amount of debt is INCREASING. He is also defrauding the State of Washington with unpaid taxes, which is why CoroWare has been sued by the State multiple times in the last several years. He also announced an illegal share repurchase plan, which was solely for stock promotion purposes to allow the toxic death spiral convertible holders the ability to dump more stock onto brand new bagholders who were scammed by the announcement of the illegal buyback. Instead of using those funds to pay down the debt, which any honest and half-way intelligent CEO would have done, he instead repurchased stock at a price 400% of what the shares were issued for the DAY BEFORE, and then those exact same shares went right back out the door THE NEXT DAY at a price 25% of what he repurchased them for. Please explain how that "gets the company out of debt".

Is that what an honest CEO does? No. And honest CEO's also file their legally required regulatory documents on-time, something that COWI has done only about 10% of the time.