CarbonMeta Technologies Inc (COWI)

[SPIN]

heard that weisel once told a shareholder how much he liked his "relationship" with Cornell. if true, he actually had the stones to tell this shareholder, someone who followed and trusted this "company" for years and invested heavily in the past, that he LIKED his Cornell "relationship"!?!

that too IMO and in this context probably serves as a disqualifier IMO for this company to ever be considered as a legit candidate for the Nasdaq, and is more likely to be viewed as just another OTCBB outfit IMO.

is any member of that Yorkville posse a WASP or an Ivy alum? or perhaps are they simply trying to be perceived as such IMO, and maybe IMO they are better described as slimy con artists IMO and predators IMO who are currently targets of an SEC investigation and who IMO might allegedly work together with penny stock execs to IMO rip off shareholders IMO?!? they remind me of the "Webistics" P&D crew IMO, or the Farrow Tech "J.T. Marlin" chop-shop creeps on "Boiler Room" IMO. older versions of the "two Jasons" at Rutgers in Sopranos IMO.

JMHO of course.

wonder what former U.S. Attorney General Ashcroft's views are of the fact that he is only once removed from such a close linkage to the Cornell crew and that a shareholder said that weisel claimed to like his "relationship" with that Jersey outfit?

Ranyell1 of [e-mail] iHub profile fame wrote this on July 21.

I'm with you RS {nevermind that he was replying to the new 123}, being quite on this one isn't smart. I've never owned a penny stock until INRA but it can't stay pennies much longer for sure. I stay big board and NASDAQ but will dump several of them here sortly to get more pennies that will turn to dollars. http://investorshub.advfn.com/boards/read_msg.asp?message_id=21445364

http://investorshub.advfn.com/boards/profile.asp?User=103745

back to the topic at hand -- Mark Cuban's Sharesleuth has some info on "Yorkville." http://sharesleuth.com/2007/05/connecting_the_companies.html


Yorkville Advisors LLC is the general partner of Cornell Capital, and also was general partner of two other funds, Montgomery Equity Partners and Highgate House Funds Ltd. The latter two funds have been consolidated into Cornell.

Mark A. Angelo, the managing member of Yorkville Advisors and president of Cornell, was the co-portfolio manager of all three funds.

Cornell said it no longer has any association with Press, noting that “it didn’t work out, so we parted ways.’’ However, Press still has an active telephone extension that is reachable through the hedge fund’s main switchboard.

Sharesleuth’s investigation shows that Press and the Cornell family of funds participated in at least two financing deals alongside Robert H. Pozner, who was one of the original defendants indicted in the New Jersey fraud case in 2005.

Pozner, a former stock broker and trader, has signed a plea agreement that calls for a maximum of five years in prison. He previously pleaded guilty to securities fraud and perjury charges in another stock manipulation case and served three months in prison.

Pozner also settled civil fraud charges with the SEC in the prior manipulation case. He neither admitted nor denied the allegations but agreed to disgorge profits and accept sanctions. That case was public information at the time Pozner was included in the deals with Knightsbridge and Cornell.

The hedge fund said it was unaware of Pozner’s past.

Cornell also has provided financing to companies that have direct ties to Press and whose officers, major shareholders or consultants included:

* Rafael D. “Ray” Bloom, a onetime stockbroker who went to prison after being convicted of securities and wire fraud in 1989. Bloom had a long disciplinary record even before that scheme, involving a company called European Auto Classics.
* Leonard M. Tucker, former chairman and part-owner of F. D. Roberts Securities Inc., a boiler room brokerage that cheated investors out of $67 million. He pleaded guilty to a racketeering charge in 1990 and served 15 months in prison.
* Donna M. Silverman, an oft-disciplined broker and manager for Investors Associates Inc. Investors Associates shut down its brokerage business under regulatory pressure in 1997. Its top executives later pleaded guilty to criminal charges involving the manipulating of share in five companies that the firm took public, and also settled civil charges.
* William A. Calvo III, a disbarred lawyer who was found guilty in 2002 in a civil fraud case involving the manipulation of shares in Systems of Excellence Inc. http://sharesleuth.com/2007/05/connecting_the_companies.html

Pozner plea deal ---> http://sharesleuth.com/Poznerplea.pdf