Capstone Companies Inc (CAPC)

[dizzydon]

What's a "Structured Repurchase Program" ??

The Company purchases may be made in the open market,structured repurchase programs,or in privately negotiated transactions, subject to availability.

------- ...i'm familiar with open market and private transaction,but not that middle one

------- i like the new's.The company has earned $2.78M the past twelve months and will continue to show a profit in the future,so they do have the money to do this.That profit may not be showing up in the balance sheet cash on hand,but that's because they've been using it to fund operations

-------------------anyone notice today's 8-K?

Item 1.01 Entry into Material Definitive Agreement.

At an August 23, 2016 meeting of the Company's Board of Directors, the other directors approved extending the term of existing loans made to the Company by Stewart Wallach, Chief Executive Officer and Chairman of the Company, and Jeffrey Postal, a director of the Company, to April 3, 2017. The loans provided working capital to the Company.

-----that's a good sign that both Wallach and Postal are still committed to keeping their money invested in growing the company.....treasury stock could be used in connection with any potential future acquisition without having to issue any new share's of CAPC