Replies to post #38700 on CarbonMeta Technologies Inc (COWI)

[1manband]

Read the most recent 10-Q. They have $2.8 million in toxic death spiral convertible notes outstanding, which convert into something like 18 BILLION new common shares right now. The Company has $20 million more in current liabilities than current assets - that may be the worst I have ever seen for a penny stock that is not already bankrupt.

They purportedly have standstill agreements with 2 of the 20 (TWENTY!) toxic death spiral lenders. A drop in the bucket.

The company has no money to pay off anything.

[Kramden1]

They must not have read this >>>>>>

Coroware Inc (OTCPK:COWI)
Long-Term Debt
$0.00 Mil (As of Sep. 2015)

Long-Term Debt is the debt due more than 12 months in the future. Coroware Inc's long-term debt for the quarter that ended in Sep. 2015 was $0.00 Mil.

Long-Term Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's long-term debt divide by its total assets. Coroware Inc's long-term debt for the quarter that ended in Sep. 2015 was $0.00 Mil. Coroware Inc's total assets for the quarter that ended in Sep. 2015 was $0.30 Mil. Coroware Inc's long-term debt to total assets ratio for the quarter that ended in Sep. 2015 was 0.00.

Coroware Inc's long-term debt to total assets ratio declined from Sep. 2014 (8.91) to Sep. 2015 (0.00). It may suggest that Coroware Inc is progressively becoming less dependent on debt to grow their business.