Replies to post #11001 on CarbonMeta Technologies Inc (COWI)

[j_t]

Hmmm ... I thought there was to be no R/S until the Cornell debt was dealt with. A 300 - 1 split with current debt agreements just means another spiral down to 0.0001 ... at 300 times less the value as before. And, even if the stock goes up a little, it would have to increase 100X in value for most here to be anywhere near break-even point (which I realize is never going to happen). I say limp along until (if ever) the debt is cleared and then start buying back shares. But, of course, that would involve putting current shareholders first, which ....

You'd think that the current meltdown would have some people wondering whether the "business as usual" approach was really the best corporate strategy available. But then again ... you'd also think investment "professionals" wouldn't have touched repackaged junk grade debt with a ten foot pole. And ... dowwwnnnn we go (again).

jt

[chunga1]

big suprise huh aries......thanks for the heads up

[SPIN]

GLOBAL AXCESS CORP (Form: DEF 14A, Received: 04/27/2007 16:43

using shares sparingly to increase stockholders' value, create a more stable capital structure, and generate investor interest.

"We looked at our capital requirement and decided it was a better value proposition to the Company and its stockholders to raise the money at a fixed price rather than relying on selling our stock into the market."

[lottoplayerslair]

To approve a proposal to amend our Certificate of Incorporation, as amended, to effect a one-for-300 reverse split of our common stock (Proposal 2).

helping the nss'r's out? didn't someone say this traded in germany too?
all these people wil receive common shares restricted after the reverse split?

Annual fee for outside Board membership and meeting attendance
restricted common stock valued at $25,000

Annual fee for audit committee chair
restricted common stock valued at $8,000

Annual fee for compensation, nominating and other chairs
restricted common stock valued at $6,500

Annual fee for committee membership
restricted common stock valued at $5,000

Options awarded in January valued at closing price on grant date
options for shares valued at $50,000

All restricted common stock is allocated at beginning of year based on January’s 30 day volume weighted average closing price and delivered to board members monthly as earned by attendance, either by phone or in person. New directors receive restricted common stock valued at $130,000, which vests ratably equally over 24 months.

Each current outside director, Messrs. Nielsen, McNear, Conklin, Wynns, House and Kroon, was entitled to receive for his service in 2007, stock in the following amounts:


Director

Restricted Common Stock
to be Issued in 2008

Share Price

Martin Nielson

308,192

$.13

Gary McNear

219,508

$.13

Craig Conklin

235,338

$.13

Richard Wynns

185,562

$.13

Charles House

690,908

$.13

JohnKroon

518,915

$.13

The above shares will be issued in 2008.

after the r s?
so they are stating that the fair price before the r s is .0004333 ? 300 times .0004333 is .13 u.s.d.

[ezcomfort]

quick question...IF the r/s goes through anyone know the approx date.I read the filing and did not see a deadline for voting and resolution... might have missed it. would appreciate if anyone has that info. TIA