2023-08-07 09:16:53 ET
- CarbonMeta Technologies ( OTCPK:COWI ) on Monday said spin-off company Carbon Conversion Group is projected to realize revenues of at least $600,000 from sale of solar panels and EarthCrete pavers in Colorado.
- These revenues stem from a purchase order, which was initially announced in May 2022, for the delivery of EarthCrete Cementless Concrete intended for utilization in solar panel projects for both commercial and residential purposes.
- As announced earlier, CarbonMeta Technologies’ shareholders will receive 1 common share of Carbon Conversion Group stock for every 3,000 common shares of CarbonMeta Technologies common stock owned on the record date of June 23, 2023.
- Source: Press Release
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CarbonMeta Technologies says spin-off subsidiary sees revenues of $600,000