All BS. COWI is INSOLVENT. That is why they are currently taking out loans for $2500 and giving away millions in cheap warrants just to keep the lights on.
That S-1 is UGLY. And every single share of the 2.7+ BILLION being registered (which will then be free to be dumped into the market) is for the convertible promissory notes. COWI pays for the costs of the S-1, but doesn't receive a single penny from the stock sales.
COWI is nothing but a pump and dump to enrich Lloyd Spencer and the convertible note holders. The S-1 makes that abundantly clear.
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