Capstone Companies Inc (CAPC)

[mr-mem]

20M I think is just a round conservative number also.
Most CEOs which are overly optomistic have a hidden agenda.

Also in the 10Q was the below which states our net income could have been 1.7M higher if not for problem with one customer. Also like how it states its a very important customer. Maybe this will be a new large long term customer for us.

"In summary, we achieved significant sales growth in the 9 months, with gross sales at $13.7 million compared to $7.5 million in same period for 2013. Strategically, we decided to allocate $735,000 to further develop brand awareness and stimulate product sell through during the holiday shopping period. We incurred $225,000 in a one-time manufacturing expense, to support a very important customer, and we increased operating expenses by $781,000 in expanding our company’s infrastructure, product advertising and product development. This represents a combined total of $1.741 million that has been reduced from our net income for the period "