CarbonMeta Technologies Inc (COWI)

[cg22]

On October 28, 2016, the company ceased all operations, citing insufficient cash reserves, accumulated tax and debt liabilities, and "certain recent events resulting from the Notice of Default from YA Global Investments".[2]

After declaring to cease operations, the company was then sued by all of its former employees after refusing to pay outstanding wages.


......the real kick in the butt to investors is the remarks they remain in business. Here is no business - just retweet’s and this causes all of us cowi bagholders to not have the ability to claim a loss for tax purposes. That’s just absurd.