Replies to post #47320 on CarbonMeta Technologies Inc (COWI)

[1manband]

I suggest you go directly to the source and read the SEC filings yourself.

They were NOT cash flow positive. They generated a whopping $6,901 in cash from operations, but only because of some one-time items.

https://www.sec.gov/Archives/edgar/data/1156784/000121465916012151/s6816010q.htm

At the end of the quarter, COWI had just $2,481 in cash. It is very difficult to pay $26,866,083 in current liabilities with just $2,481, especially since most of those liabilities are not only current, but past due.