Pls explain it to me in plain English - current carbon coin will be abandoned and you will make new chain with brand new carbon coins, leaving us with pockets full of OFFICIALLY dead coin?

If that's the case you can take all new coins to yourself

None of the respected Exchanges will touch your coin and no traders will take it seriously either. So GG WP you are about to kill this coin for good. GAME OVER!
I don't really understand your tone here. Carboncoin will never be abandoned. The above says that there will be a new chain allowing for a full feature set to include smart contracts because it will benefit everyone on the network to have these features.
Old coins will be exchanged for new coins.
The value of Carboncoin is in the custom security features and the user base, both of these will be carried forward into the new technology, with the fundraising greatly increasing what we can achieve and the speed with which we can achieve it.
We have been discussing this move at length for some time and these discussions concluded without exception that this is a step in the right direction. Please explain your reasoning behind the above claims.