Capstone Companies Inc (CAPC)

[RG]

Very important part of the PR.

The Company purchases may be made in the open market, structured repurchase programs, or in privately negotiated transactions, subject to availability. Any repurchased shares will have the status of treasury shares and may be used, if and when needed, for general corporate purposes. The Company has no obligation to repurchase shares under the authorization, and the timing, actual number and value of the shares that are repurchased will be at the discretion of management and will depend on a number of factors, including the price of the Company’s common stock, stock market conditions, corporate development and Company financial condition. The stock repurchase plan may be discontinued at any time at the Company’s discretion and continuance of the program will be reviewed and determined by the Company’s Board prior to the end of the current fiscal year, December 31, 2016. The purchases are expected to be funded by the Company’s operating cash flows or other available capital sources