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msturgeo, you are wrong.
You said:
As a matter of fact, the last time Reid was mentioned in ANY company document was in 2011 as President of the company.
Thanks Sabercat, The Capstone Industries Booth is #3619
It is a 20' by 20' booth buried rather deeply within the exhibition hall. Let's hope their presentation will transcend the location!
You can see the location for yourself by searching for "Capstone" here:
http://floorplans.reedexpo.com/rx/floorplans/FX/nhsc5/default.html
Right mikeonmicrocaps, many unanswered questions, few facts
There has been far too much "irrational exuberance" surrounding Wallach's repeated pronouncements of "great things to come" . Thus we are reduced to echoing the boring mantra of
Just wait till the next _____________!!!
Fill in the blank with your choice of:
1) quarter
2) two quarters (or more)
3) Trade Show (highly popular; goes back to the roofing tile days)
4) New Product (Most popular when coupled with endless AC Kinetics mentions.)
5) Next 10-k (A year from now)
Of all of these, probably the most realistic is No. 5 because, even if some world beating product is presented at the upcoming trade show, it is going to be several quarters before any sizable quantity of profitable revenues hit the books.
I frankly expected better from management yesterday than excuses for a years results even worse than most of us had anticipated. This is why, before the financials were reported Friday, I predicted a slight bump in price before the bottom falls out. Oops - Wallach got me!
Oh well, at least it appears that management has provided the opportunity for some really low entry levels for those wishing to speculate in this stock and, who knows, there may even be an opportunity to flip those shares in a month if CAPC enjoys, in the immortal words of Ed Sullivan, "A Really Great Show".
I'll leave the "guessing" to the T/A practitioners.
But I would expect a slight bump in the stock price immediately following the earnings release Friday followed by some two weeks of lower prices with a 90% chance to buy CAPC at .018 - .020 and a 70% chance to score some as low as .015 before April 20th.
Let the games begin!
Time to clean up the "stickies"?
Whatever probative value this six month old sticky once had has long since expired:
$ CAPC Capstone Companies Inc as of 4/3/14
Yep, we're nearer to even greater buying opportunities.
Over the next couple of weeks I expect you should be able to buy CAPC in the low .02's.
If it drops below .02 I may even add some more!
Hi "U" and RVD too
And I agree with RVD that the use of tiny sells to influence the price downward is just as reprehensible and amateurish as attempts to close the stock artificially higher.......and I should have made that clear in my post also.
I can't believe that 4 share trade was for real. Surely that was a typo of some sort? Can anyone actually trade ~14 cents worth of any stock?
With the influx of savvy new investors discovering CAPC and congratulating themselves at length on their perspicacity in uncovering such a hidden gem, I have been content to sit on the sideline and observe; sometimes in admiration ........sometimes in shock and awe........and sometimes just ROTFLMAO. But now that they have had a chance to experience the thunderclap of reality accompanying the recent meltdown from unrealistic and premature expectations, perhaps the time is right to re-examine the stock, warts and all.
The handwriting was on the press release when Wallach posted his CYA message in front of second quarter earnings. While members of "the choir" knew that the results were going to be less than stellar (yeah, I know, a new record and all that) the presumption was that outsiders who are not privy to the wisdom imparted by this board would also simply view this as a slight pause on the path to greatness. Unfortunately what outsider saw, in cold hard numbers, was a stock that had an excellent 1st quarter only to fall on its face in the second; so they grabbed some profits and fled.
We've got another six weeks before 3rd quarter earnings will be announce and frankly, I'm not as optimistic about those as I once was. In the meanwhile I see nothing to really keep CAPC from drifting at thi.s level, and lower, during that period. And let's just hope that we're not then disappointed by another mysterious disappearance of a touted backlog.
So my advice presently would be to hunker down, ride it out and "Just Wait'll Next Year!".
Now ain't y'all glad I'm baaaaack?
Amateurish stock manipulation harms CAPC image!
Idiotic and obvious attempts to close the stock on an artificial high such as occurred Friday afternoon with an absurd buy of 50o shares at the ask at 15:59:26 hours only serves to dismay potential experienced investors and encourages a return to the .02's within the next two weeks.
Some random thoughts on Capstone patents:
1) Flp is correct that the referenced patent is a "Design Patent"
2) And you are certainly correct that pursuing a design infringement claim could be expensively counterproductive
3 It appears this Capstone patent may be too explicit for its own good as a review of the 19 pages of drawings will indicate.
4) Reference the epic, terribly expensive battle between Apple and Samsung over the iPhone design where:
Design patents with line drawings cover only the features shown as solid lines. Items shown as dotted lines are not covered. This is one of the reasons Apple was awarded a jury verdict in the US case of Apple v Samsung. Apple's patent showed much of their iPhone design as broken lines. It didn’t matter if Samsung was different in those areas. The fact that the solid lines of the patent were the same as Samsung's design meant that Samsung infringed the Apple design patent.[1]
Aw,The sweet innocence of those Capstone Investors
who may believe the company has some exclusive lock on the market with the Eco-i-Lite type device.
While many of the units pictured in the following URL are totally different, still others are remarkably similar. (Click on any image for a fuller description)
https://www.google.com/search?q=night+light+emergency+power+out+rechargeable+induction&client=firefox-a&hs=3DI&rls=org.mozilla:en-US:official&channel=sb&source=lnms&tbm=isch&sa=X&ei=YNqRU_muIdeXqAb__IDQCw&ved=0CAkQ_AUoAg&biw=917&bih=477
Capstone has done some successful marketing of the Eco-i-Lite recently but we are not alone.
OK Bull, here are some updates on "Predictions"
Before we go to new predictions, and because some newcomers may wonder why you're asking me to crank up my trusty (Pyrex) crystal ball, perhaps we should review my latest predictions for accuracy.
1) Back on Tuesday, 05/13/14 the stock closed at .032. That evening I posted:
I anticipate prices only 15 - 20% above today's close over the next few days.
We need to "base" at .018 minimum over the next few days to give us a decent starting platform for CAPC to jump to .037 to.039 within the next 60 days.
Looking at 3 mo chart, I'd say this will average .04s starting in about 4 weeks. CAPC
So far my prediction is dead-on.
Tomorrow buyers will have to eat a large helping of .038's to continue momentum.
Would be nice if it happens!
GLTY
DD, The last time stock closed above .0365
was on Friday 11/16/2007 when it closed at.039. The following Monday it traded briefly at.042 and over the next two weeks occasionally traded interday as high as .037. That was it for the mid-3's.
Yep, it's been a long and dusty trek to get to the Interstate.
Welcome back dog!
EOM
Let's not get too exuberant.
I anticipate prices only 15 - 20% above today's close over the next few days.
From the 2014 Show site; What Capstone's promoting:
Innovative and reliable since 1997. Emerging technologies for easy to use consumer products. Power failure solutions: Multifunction LED Lights (Slim 4LED, 4LED, 8LED, 16LED, 1/2watt LED Headlight, Plug-in Sconces, 10LED Wall Plate). Safety & Security: Wireless Motion Sensor Lights (12LED, 16LED), Door Security Monitor. Be prepared.
Facebook Update? Where are the new products?
Yawner?
Capstone Info from the Vegas Show site:
(While they have an interesting booth location, directly inside one of the main entrances, there is very sparse product information and certainly nothing about the new product lines mentioned in the current PR.)
Maybe later?
http://nhshw14.mapyourshow.com/5_0/exhibitor_details.cfm?exhid=390439§ion=showcase
However dizzy, this does appear to be it!
http://www.newey.hk/p-BE6307.htm
It even has the "delay timing" I mentioned in my previous post.
???????
And does this relate to that half a million bucks we paid to AC Kinetics?
From the patents and other sources:
The device which Capstone will introduce at the Hardware Show is a rather simple design but. incorporating a unique operating system which should have good marketability to small and medium size commercial building owners. While it could be used in a home, that is really not its prime purpose. Nor is it really expected to sell to large commercial operations which have full in-house emergency generators.
This lighting device, which originally had a working designation of "Intelligent LED Light Bulb", is a combination of a general area lighting unit combined, in one fixture, with an emergency lighting unit.
The advantage is significant! It is the elimination of costly back-up emergency lighting fixtures, each with their own bulbs, mountings, switching units and power supplies.
But the unique feature which makes this fixture viable is the incorporation of a "power supply management circuit" which can detect the difference between a wall switch (for example) being turned off and a similar loss of power due to a general power failure. (If this were not true, then turning off the light switch would cause the fixture to "see" a power failure and turn itself back on, exhausting the built-in battery.)
Another neat trick - you can incorporate a time delay so that the emergency light will come on for just a few seconds/minutes after you turn off the switch, allowing illumination of the area as you leave.
To visualize a practical application, consider an open stairway in a parking garage. During daytime hours sunlight illuminates the stairwell and the lights are "switched off". There is no need for emergency lighting if the power should fail. At night however, with the lights "switched on" manually, they will remain on even if the power fails because of the emergency light feature incorporated.
This is what I expect you will see the Capstone device advertised to do at the upcoming show.
This appears to be a viable product capable of producing income IF it is aggressively marketed and efficiently publicized
It is not designed to operate high energy consuming devices which would require giant batteries.
It is not designed to wirelessly transmit electrical power from one device to another (Poor Nikolai Tesla would be spinning in his grave if he heard that one!)
Hopefully, this has shed some additional *light* on the subject.
Report As JunkBlock Sender
Bull, That's a GREAT question for KEI!
(Don't hold your breath)
Folks can find additional FIFA Watch pictures here:
To see the watches in their full glory along with elaborate promotional material, check out this informative PDF (You’ll need the Adobe Acrobat reader.)
http://n1a.goexposoftware.com/events/sl2014/FORMfields/uploads/pressreleasescurprurl1386788057941770556.pdf
Here's what Stewart said about retaining KEI CHDT Corporation (OTCBB: CHDO) (“Company”), an innovator focused on designing and manufacturing consumer lighting products for the North American and Latin American retail markets, announced that it has retained Kei Advisors LLC to enhance its investor relations program.
(and it was all about keeping investors informed)
Given, among other things, the failure of KEI to attract any analysts' comments or question at the recent conference call, and therefore raising the question as to whether any actually heard the great news regarding 2013 results, this press release, in retrospect, seems a bad joke.
From Business Wire 01/24/12 (Emphasis added)
Stewart Wallach, CEO of CHDT Corporation, commented, “As we continue to demonstrate growth and our earnings potential, we believe that a well executed investor relations program will add value for our shareholders through the communication of our fundamentals and the relative progress of our business in 2012. Leveraging our growth should translate into strengthened earnings power, and we are well positioned to further our strategy to capitalize on our extensive operational and sales expertise. We would expect that a well articulated message directed at investors with the greatest propensity to appreciate the value we are creating, combined with solid financial and operational performance, will enhance our common stock value.”
In my opinion, KEI has not shown that they are fulfilling Stewart's mandate. I know that some of us now feel it necessary to contact analysts outside the bulletin board community to overcome this handicap (and it appears to be working) while others continue to spread the word on the boards themselves.
Hey - Power To The People!
Ooh Dizzy- that was bad!
Why I'll bet you can find a whole herd of live stock analysts via Google.
Unfortunately Bull, probably not many.
It's easier to prognosticate than to participate.
Pennymann, one of us is confused.
You just posted:
the TA I stated yesterday said CAPC was oversold (sic) in the short-term
PennyMann Overall rating: Good long-term hold; entry once momo indicators cool from overbought. ......Technicals are signaling buy with many overbought indicators.
overbought means it's time to sell for the short-term
I guess the good news is
our "desperate sellers" are low volume flippers
So far.
(I would tend to believe that they are taking some profits in advance of some potential higher volume selling.)
Maybe they didn't read the charts?
DAMN!!!
No follow through!
As I post this, not even $10,000 of stock has traded today by noon.
And $10,000 in trades, under the circumstances, would be Phreaking Pathetic.
Without momentum, I expect the stock to drop back to a support level around .02 within the week.
Great earnings news and great potential earnings news blown to Hell by an apparent lack of sentient life at our publicist?
Send out a press release and think you did a great job? That's it? No follow through?
Jeez!
Hey "U", Yep we need that volume.
I think many of us were disappointed by Friday's volume in the face of such newsworthy financials.
To me the saddest thing was the distribution of trades.
The conference call should have enhanced the excitement but instead we find that roughly 3/4ths (72%) of the trades took place in the two hours before the CC with only a third as many taking place in the 4-1/2 hours during and after the call.
Management had a great story to tell, they told it well, but the volume failed to launch because the target audience was, in my opinion, not efficiently invited to the party.
Hence my earlier comment that the CC was primarily "Preaching to the Choir".
The NY Times has it in today:
http://topics.nytimes.com/top/news/business/companies/chdt-corporation/
Amusingly, the URL refers to "chdt-corporation" but, what the heck,they got the data right.
Bull, You were correct about SeekingAlpha
The word is out there.
http://seekingalpha.com/pr/9398863-capstone-companies-inc-reports-record-revenue-in-2013
If you check most analysts' websites you will find, at least, a "Contact Us" button you can use to initiate contact.
Actually Bull, I think there's a better way.
If enough board members would Google "Penny Stock Advisers" and pick a couple to contact with a simple request/suggestion that they take a look at the current 10-k for CAPC it would probably be far more effective than depending on KEI.
And yes, I have done this since the 10-k was published and intend to do more.
Townie, I agree and disagree.
I agree with you on this:
PRs go out on the Newswires so the audience is HUGE.
Aw, But I was an existing shareholder
when you (you cheapskate you) put in a bid I couldn't refuse.
Until MickeyD's starts distributing CAPC with their Happy Meals, folks are going to have to bid for their shares from existing shareholders whether they themselves are existing shareholders or not.
Pennymann, Yes that's how stock markets work!
You said:
Hmmm, existing shareholders are selling to existing shareholders? That's why CAPC is up 20%+?
Oky doky...
I agree 100%!!!
Although frankly, I think it might be more expeditious to replace them.
Ay, There's the rub!
Great CC/Webcast,easy to understand the excitment it's generated among existing shareholder's
Shhhh Dizzydon, that 100k/.0195 buy was mine.
Picked up some for a short term trade in a tax deferred account.
Core holdings remain unchanged.
Laissez les bons temps rouler!
Hey Hurricanman
Yes, the prediction is for CAPC to trade at a price of .037-.039 within 60 days and, as you rightly surmised, is based on both the anticipated earnings results and the hope that the MITnits will finally get their act together and actually announce some marketable product coming from the $500,000 and two directorships they have pocketed to date.
Of course we can only hope that the forthcoming earnings release and CC will be professionally handled, unlike the third quarter debacle where the announcement of the dollar amount of increased earnings was blabbed some three weeks prior to the formal presentation, thus effectively murdering any surprise and stifling the chance of the stock to climb beyond .020 in November.
Hindsight? Not Hardly! Last November, with the stock trading as high as that .020, I made.the following predictions:
Thursday, 11/14/13
...the stock will drift lower, back to recent levels of around .013- .015 until shortly before the 10-K,
...I believe there will be some better buy-in prices as much as 20% or more below today's close and that these will occur over the next ten weeks...
Will DD’s question open a can of worms?
Perhaps it's not as much a question of Capstone acquiring Systematic Development Group as it is of re-acquiring a missing asset?
First, note this:
"An exciting development for the 4th Quarter FY 2009 will be the first complete line presentation of USB products developed by our BBI division of Capstone," said John Tate, President of Black Box Innovations. "The family of products has been rebranded 'Classified' and the entire family will have its first significant promotion on an end cap at a premier retailer. The line consists of four items; Personal Pocket Safe(TM), Secret Diary(TM), Classified Secure Flash Drive(TM), and Safe Mouse(TM)," added Mr. Tate.
Now note what we find just 4 months later
Interesting, John Tate is on Stuart Wallachs Lok-IT website in a UTUBE commercial, dated April 2010 selling Lok-It products. I believe John Tate was still listed as president of CHDOs Blackbox Innovations at the time. Lok-it products appear to be BlackBox Innovations Personal Pocket Safe and Classified Secure Flash Drive under different names.I thought that was interesting. (Message #57186 by RVD)
Perhaps Wallach might not be pleased to see a question that could lead to an investigation. into the mysterious migration of a stockholders' owned corporate Division into his own private business.?