Capstone Companies Inc (CAPC)

[dizzydon]

thats really tough to determine,flip

insiders own 278m,Involve owns/owned 68m

with 722m shares outstanding,that leaves 376m shares in the hands of approximately 1,250 individuals (works out to 300,800 shares per average outside shareholder(excluding Involve Llc.)

Involve's initial(?) 9.42 % ownership did require them to file a Sch.13G,but owning under 10%,and not being an "affiliate" (as where the Fisher's),they wouldn't be required to file an intent to sell notification. Which does lend itself to the possibility they could be selling.

Counter idea would be they only converted to common at the request of Stewart Wallach to make it easier for the insider's to reach that desired 50+%,which they did last June,and feel,like many,that CAPC will be worth a great deal more in the future.

The above corporate actions were approved on June 2, 2015, by written consents representing 384,153,928 shares of Common Stock, or 52.9% of the issued and outstanding shares of Common Stock eligible to vote on these corporate actions (based on 721,989,957 shares of Common Stock being issued and outstanding as of June 2, 2015). As such, no shareholders meeting is required to approve the above corporate actions.

..that's 108m more shares then the insider's own,and i think it clearly points out that Involve cast their shares for the two proposals

about the only way to possibly tell that i can think of is,how many outsiders they need to reach 50.1% of the O/S at their annual cut and dried shareholder meeting..make's me wonder if they'll re-table the B2 preferred stock idea with's its 1:1 exchange ratio from common into B2,and the enhanced voting power it would have

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