CarbonMeta Technologies Inc (COWI)

[1manband]

COWI is an insolvent pump and dump.

This is not the first time Lloyd Spencer has used COWI as a pump and dump to benefit insiders and the toxic convertible holders.

This is the FOURTH TIME he has done it. When his story of the day stops attracting new buyers, he bails out, with the new "business" never to be mentioned again.

If this new "business" is so great, why did he put it into an insolvent shell with over $40 million in liabilities, including a huge number of toxic convertible loans in default, unpaid court judgements, and unpaid tax liens? Instead of starting this "awesome" new business in a $40 million dollar hole (which it is - new shareholders are paying back the old ones for the full amount), why didn't he roll it into a new, clean shell and start over?

The answer is obvious - this is another Lloyd Spencer pump and dump with one purpose. To allow the toxic lenders to convert and dump their cheap shares onto new, ignorant buyers.

Once people get wise to Lloyd's tricks (again), he will disappear (again), and leave all the new bagholders hanging.while the stock goes back to no-bid. Again.