CarbonMeta Technologies Inc (COWI)

[1manband]

NEGATIVE CASH! BOUNCING CHECKS!

As if COWI couldn't get even MORE insolvent, now they are not only overdrawn at the bank, but they are borrowing almost a HUNDRED THOUSAND dollars from their former subsidiary just to keep the lights on (and to pay the service providers for the 10-Q).

But for how long? Eventually no one will take their IOU's considering they still owe creditors from over a decade ago and haven't repaid them a cent! Anyone doing business with them without getting the cash upfront is a fool that will just get stiffed like everyone else that came before them.

Way to go Lloyd!