$COWI CarbonMeta Technologies (COWI) Discusses 202
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Posted On: 04/26/2022 1:09:54 PM
$COWI CarbonMeta Technologies (COWI) Discusses 2021 Performance and Future Plans in Interview with SmallCapVoice.com
https://www.globenewswire.com/news-release/20...e-com.html
AUSTIN, Texas, April 26, 2022 (GLOBE NEWSWIRE) -- SmallCapVoice.com Inc. (“SCV”) announces the availability of a new interview with Lloyd Spencer, chairman and CEO of CarbonMeta Technologies Inc. (OTC PINK:COWI), to discuss the Company’s improved balance sheet and innovations in organic waste management.
Spencer recaps CarbonMeta’s initiatives in upcycling plastic waste into hydrogen and high-value carbon, 3D printer filament and cement pavers before discussing the Company’s successful debt reduction strategy.
“Our accounts payable went down by $2 million; convertible debt went from $4.5 million, down to $1.9 million,” Spencer tells SCV’s Stuart Smith, referring to the CarbonMeta’s annual report. “I'm also working with some of the old convertible debt and already have one note holder that we've come to agreement on.” Spencer also noted that Convertible debt decreased over $2.5M, from $4,549,479 to $1,987,425; and total liabilities decreased over $14M, from $40,196,559 down to $25,828,132.
“I think that in the coming quarter we will see some revenues coming into the Company - in part through the carbon nanotube effort - in part through the cement paver business – and that we will continue to see the debt go down even further,” he tells SCV’s Stuart Smith.
The interview also discusses several near-term operational goals and Spencer’s expectations for CarbonMeta’s plastics and 3D printing businesses.
The full SCV interview can be viewed at https://youtu.be/zK4vajC5h0Q
https://www.globenewswire.com/news-release/20...e-com.html
AUSTIN, Texas, April 26, 2022 (GLOBE NEWSWIRE) -- SmallCapVoice.com Inc. (“SCV”) announces the availability of a new interview with Lloyd Spencer, chairman and CEO of CarbonMeta Technologies Inc. (OTC PINK:COWI), to discuss the Company’s improved balance sheet and innovations in organic waste management.
Spencer recaps CarbonMeta’s initiatives in upcycling plastic waste into hydrogen and high-value carbon, 3D printer filament and cement pavers before discussing the Company’s successful debt reduction strategy.
“Our accounts payable went down by $2 million; convertible debt went from $4.5 million, down to $1.9 million,” Spencer tells SCV’s Stuart Smith, referring to the CarbonMeta’s annual report. “I'm also working with some of the old convertible debt and already have one note holder that we've come to agreement on.” Spencer also noted that Convertible debt decreased over $2.5M, from $4,549,479 to $1,987,425; and total liabilities decreased over $14M, from $40,196,559 down to $25,828,132.
“I think that in the coming quarter we will see some revenues coming into the Company - in part through the carbon nanotube effort - in part through the cement paver business – and that we will continue to see the debt go down even further,” he tells SCV’s Stuart Smith.
The interview also discusses several near-term operational goals and Spencer’s expectations for CarbonMeta’s plastics and 3D printing businesses.
The full SCV interview can be viewed at https://youtu.be/zK4vajC5h0Q
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