CarbonMeta Technologies Inc (COWI)

[12invest]

I met with Lloyd Spencer, CEO and president of CoroWare, yesterday at their office. Real nice guy. Mr. Spencer explained the history of CoroWare, the products and services, and the plans going forward. He set up a conference call with employees in Utah, Canada, and Arizona. It was nice to get feed back from personnel working in sales and their insight on the products and services.

First and foremost, CoroWare is a great company with experienced staff and products that are competitive in the market place. However, they are a smaller company and anyone can see in the financials, that there is a large debt. That being said, management is confident that future revenues will be able to repay debt without having to issue additional shares in the market.

CoroWare has developed a great relationship with HP and we should see more positive news in the future. If you are buying COWI as an investment, it will be great in the longer term. 2011 is going to be the turnaround year for this company and anyone who is here now will benefit from this in the future.

Mr. Spencer also encouraged that if any shareholder would like to set up a conference call, he would be happy to make arrangements. Just give him a call. The willingness to answer questions or address concerns from shareholders is a great testimony that this company is genuinely interested in the people who are invested and involved with the company.