Capstone Companies Inc (CAPC)

[dizzydon]

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16. Use of Proceeds

Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.

$91,350 USD
X Estimate
Clarification of Response (if Necessary):

Options for officers and directors. Dollar amount based on exercise price of options.