Shareholder Update
$COWI trading on OTC Markets Expert Market until company files its 2023 annual report & 2024 Q1 quarterly report.
CarbonMeta actively working on:
- Cement-less concrete initiative in Saudi Arabia.
- Carbon Conversion Group "spin-out"
https://t.co/RMtZS9Jyel
Carbon Capture & Utilization (CCU) converts CO2 into valuable products like **construction materials** that can help meet climate targets while boosting the economy.
https://t.co/7KQbqXYtIJ
by Madison Savilow at @CarbonUpcycling@PADailyHerald#CarbonCapture#ClimateAction
CarbonMeta and Saudi Investment Recycling Company (SIRC) have delivered #cement-less #Concrete Office #Art & Decor made from industrial and construction demolition waste.
These products absorb CO2 during production, and are therefore "carbon-negative"
CarbonMeta Technologies Files Provisional #Patent for Tracking Captured CO2 in Concrete Using #Blockchain Technology
$COWI #carboncapture
https://t.co/LDB1NWDddy
CarbonMeta Saudi Arabia ($COWI) in Riyadh
#Pilot Project with @SircSaudi_En for development of carbon negative cement-less concrete 🧱
https://t.co/IR99d3SawU
$COWI Shareholder Questions:
* When will Carbon Conversion Group shares be given out?
FINRA must complete its review, and SEC must declare the S-1 effective.
When complete, Depository Trust Corporation (DTC) works with brokers to notify shareholders.
Current Estimate: Q1-2024
$COWI shareholders benefit from the CCG "spin-off" in two ways:
- COWI shareholders on Record Date of June 23, 2023 will receive new shares of CCG in Q1-2024
- COWI holds 6,000,000 shares of CCG, which will improve the balance sheet in 2024
Carbon Conversion Group just filed a Form S-1 registration statement with @SECGov for its Initial Public Offering.
https://t.co/jLxdsWC4H9
The record date was June 23, 2023. The distribution date will be in Q1-2024.
. @CarbonMeta attended Future Minerals Forum in Riyadh at the invitation of @US_SaudiBiz.
@mohammedkhalil met w/ mining partners to discuss adapting our tech for processing mining waste.
Finalized next steps on the upcoming pilot project with @SIRCSaudi_en
@Art_is_Superb@lloyd_t_spencer Shares of Carbon Conversion Group (CCG) will be distributed to $COWI shareholders of record on June 23, 2023, after the following milestones:
* the upcoming Form S-1 (for CCG) is filed and declared effective
* FINRA communicates their approval
CarbonMeta Technologies ($COWI) 10-Q and Carbon Conversion Group S-1 are in final stages of review.
As one would expect, our auditor is carefully reviewing the separated financials of both CarbonMeta Technologies & Carbon Conversion Group.
Your patience is greatly appreciated
This differs from stock exchanges (e.g. NYSE American, NASDAQ) where even low trading activity accompanies steady buy & sell orders.
After the Carbon Conversion Group "spin-off", we believe that $COWI will regain the interest of market markers, brokers, and brokers' clients.
Shareholder Question : In spite of active trading, why does $COWI have a "No Inside" Bid?
The best explanation we have heard is that many OTC Markets Pink Sheet companies are being ignored by market makers and brokers.