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Anyone heard any rumors about what their new chef product is?
are we there yet?
down below 10c.
Manipulators have pushed price down to .12. LOl, them bad manipulators. Folks there is no such activity going on,
The manipulators are free to start wash trading this again like in 2021.
It is considered fraud, though. Also, there's overhead sell pressure from the 1.48 million shares the PIPE lenders are still holding.
If it is indeed coming, it's going to be fun to watch. The PIPE holders will be cheering the manipulators on for sure!
Oh yes. Manipulators are sweating.. they know it’s coming.
What shorts? FINRA Short Interest site here
https://otce.finra.org/otce/equityShortInterest
"....Gonna be a beautiful short squeeze...."
Gonna be a beautiful short squeeze once the manipulators are racing to cover !
Sooner then later those shares are going to start leaking out to the market place. They may start moving them if for some reason this starts an upward move.
Maybe if someone wrote a book on all the promises and products that CAPC has brought to the marketplace and failed it could be a best seller. This mirror is off to a rough start and that doesn’t bode well for those carrying shares above .25
Can anyone bring forth some good reasoning why insiders grow older with all those shares that are quickly losing ground once again?
That's Stewart's recounting of the events.
What they filed with the SEC contradicts that. They booked 5 mirror sales in 2021. Fact.
There are customer reviews on Amazon and capstoneconnected.com from December 2021 and January 2022.
Fact.
Maybe you should be asking why Stewart re-wrote history.
Also, compare the 'half the inventory was damaged' (100 out of 200?) with what he said about 6 weeks later in the 1Q2022 conference call: '175 were lost/damaged' (actual wording will be found in the transcript, if they ever get around to filing it).
Wallach quote from Q4 transcript. I did not rewrite history. This is fact!
“We immediately initiated the production and attempted to expedite via air to our U.S. fulfillment center. This was a costly decision, but one that I have personally committed to earlier in 2021. To exacerbate the delays and setbacks while we fortunately received inventory earmarked for the CES exhibition, the following aired inventories were entirely mismanaged by our carrier and it took approximately 6 more weeks for the shipment to be completed. At the same time, approximately half of the inventory was damaged in transit. The entire air shipment was a failed effort and very costly. The purpose of emphasizing this information is to make you fully aware that management never stopped moving forward in spite of these unforeseen setbacks.”
Stewart Wallach, Captone’s CEO speaks live from the CES show floor…#CES2022 #capstoneconnected #capstonethincast pic.twitter.com/ojAhMKFqAX
— Capstone Companies, Inc. (@CAPC_Capstone) January 6, 2022
This was announced because they were finally shipped.
It was announced because the first mirrors were in Capstone's warehouse facility in California (they rent space and service there).
Amazon sales and capstoneconnected.com sales ship from that warehouse.
StrategicStocks mirror was Out for Delivery (as he posted) on Dec. 29th.
The mirrors were announced that they were available for purchase on Amazon on December 21, 2021. This was announced because they were finally shipped. The 1st 1000 that were expected as part of this order ended up arriving late and damaged. Thus, inventory didn’t truly exist till February-March. I wouldn’t hold any weight to December sales, but overall sales have not been great. It’s a new product and until they get this in Big Box I wouldn’t expect any spike in sales.
Yes it was posted on Amazon in december. But as I recall it wasn't actually available until much later because of the shipping delays we're all so familiar with.
The mirror has been selling on Amazon since December.
Don't let Stewart dissuade you from the facts. He likes to re-do history. A quick read through the conference call transcripts can show you that.
Speaking of transcripts, where is the 1Q2022 transcript? It was supposed to be posted on capstonecompaniesinc.com, and an 8-K/A issued after the fact.
Silence from Capstone.
The mirror has been selling on Amazon since March, and now, 3 months later, there are still only four reviews, including one by Mike. It doesn't seem like a mad rush to buy the mirror. I'm not trying to spread gloom or discourage anyone. I view this forum is a place to share facts and intelligent opinions, not to cheerlead in One direction or the other. So I present this fact for your consideration. I understand it's possible that invigorated marketing may lead to greater sales. Not saying it won't happen. But it hasn't yet and it's something we should be aware of. Perhaps this one fact is enough to explain the continued drop in price?
Wow, that would make the insiders wake up and sell way way before that number gets hit. More chance of price going below a penny then hitting that number, dream on.
CAPC insiders, once bitten, twice sell. LOL
$CAPC My Goal: Back to $3 or more by the end of this year
...Wallach further commented, “The insiders and directors remain resolute and have continued to support the Company in every way possible. In the past 9 months $1.6 million of working capital was provided with favorable non-dilutive terms. In addition to the funding, the largest insider shareholders have not sold any shares. I realize our shareholder community is anxious and I am hopeful all will attend the strategic update webcast in the days ahead to gain insight into our newly energized marketing efforts going forward.”
https://twitter.com/TbBagger/status/1537938396370284545
FINRA updates Short Interest twice monthly
OTCMarkets publishes the data on their site. It's easy to verify.
https://www.otcmarkets.com/stock/CAPC/quote
Mike, flip recently claimed that there are only 46 shares held short. Was he wrong? If not, could you please explain why you expect to squeeze when there's almost no shorting? Thank you
The squeeze is more like the death rattle.
Except Down, have fun.
I guess we will find out when the squeeze happens. Patience baby, patience! No rush. We ain’t going no where.
That sad story has been repeated so often it just becomes boring to hear it. There is no manipulation for the love of you know who. Please find another reason why this is in a steady decline, one that people might believe.
Manipulators trying everything to get shares… they are extremely frustrated. They know it’s just a matter of time before we longs break them
Total you know what whenever that dreaded word shows up with absolutely no support. If I hated CAPC that much I would sell and move on. Oh well, it brings absolutely nothing to the table.
Come On Down CAPC
Manipulators racing to cover. Lol
What catalysts do you see in the near future that would facilitate a short squeeze?
The facts contradict your assertion.
CAPC sold 2.5 million shares in April 2021, to raise 1.5 million dollars, to support the inventory build for the Smart Mirror product.
About 1.5 million of those shares are still waiting in PIPE investors' hands. They continue to dribble into the float every month.
Short Squeeze??!?!?! There are 46 shares short at the last report.
46 shares out of 49,643,031 OS. That's your squeeze target? LMAO WTFBBQ ROFLCOPTER.
Nope. Zero dilution. Just a short squeeze on the way imo !
Single numbers very very soon. Company just watching the price fall and not selling any of their shares.
Why would the Company hold onto all those shares when price was over a dollar or two?
When it comes to financial gains, something is missing, now what can that be?
3c is coming....
will i buy(100k) it this round at 3c?
75% no
25% maybe
PIPE Investors are Pissed.
Still stuck with 1.48 million shares at 60 cents.
Company has posted 25 mirror sales over 4 months. It's not a good situation. CAPC borrowing to stay afloat, over 1.6 million in debt, and that's not enough to get through 2022.
They raised money to build 3200 mirrors, then they said 2200 mirrors, then they said they have $1.4 million of retail inventory (1400 mirrors). What the heck happened?
I estimate the break even sales number for CAPC is around 2300~2500 mirrors/quarter.
That's not happening, clearly. More debt/dilution on the way.
46 shares short at last count.
Gonna be a helluva squeeze!
Manipulators are pissed!!! No one is selling… can’t wait for the squeeeeeeze !
Never take the advise of a poster on these Boards. They tell you to buy and sell CAPC when they are selling and buying. LOL
make it simple.....
judge anyone by his/her past record/posting,to understand their true intentions.
or
anyone who listened to mikey(to go long),is he better off,dollarwise?????????
Sry...How did you get a mirror before anyone else? And did you pay for the mirror. Or did you win it in the bs contest?
Lol. Wrong. Just an investor like the majority of us !
Zero proof. I believe I read that some time ago. The fact that he got the first mirror and posted it online and gave it a great review. I thought he was a paid social media spokesman for capc. Is this is not true, it was not my intension of spreading false news. Am I wrong?
are we there yet?
down below 10c soon????i say give it few more days.ouchhhhh.
WHY? (Or did I miss the joke?)
Forward split would be nice hmmmm
.127 and that should spark a little interest, but volume will not pick up till it goes in single numbers. Right now it’s just small buys and sells. If you want to secure at least part of your investment, the gate is open. Decision time folks.
.15, and declining. As the saying goes Come On Down.
Capstone Update Coming Soon - yes seller 50K x 0.15 $
Capstone Update Coming Soon pic.twitter.com/XzfLFMD3LL
— Capstone Companies, Inc. (@CAPC_Capstone) June 8, 2022
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