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Here's where investors previously valued the stock.
September 20, 2006 -Wallach named to board; on the previous day the stock closed at .067 on 6,117,195 shares. ($379,266)
April 23rd 2007-Wallach named CEO during conference call; stock closed at 0.028 on 7,628,484 shares. ($ 213,597)
As a shareholder I do look back!
So where are all the buyers?
Is it possible they are looking at present performance and balancing the stock's value accordingly?
Is it possible that, given the litany of failed predictions since Wallach joined the company in 2006, current blue-sky predictions are considered specious?
Here's a rather interesting site showing product availability
and prices at quite a number of both major and minor outlets, Enjoy!
http://sale-fire.com/Eco%20I%20Lite?gclid=CMD_5cqr4bcCFWFp7AodBTwA1w
oceang1, Any additional thoughts on Hurricanman's questions?
Since you've "been there -done that" your specific views would be appreciated.
By the way, as a sidebar to your interesting history of Souvenir Direct I wonder how many know that this subsidiary was first bought from,and then sold back to the same individual who has apparently made it even more succesful
Funnier, but certainly typical,if I recall correctly they sold it back for less than they bought it for
Hey (aptly-named) Hurricaneman
Frankly, I can't figure what they are doing with the watches. On the web the watch appears to be a cheap plastic trinket of the throwaway variety.
Even with a sub-licensed World Cup logo I feel it would be really stretching things to try and sell this at a price above $15
Check eBay for World Cup items and you will find thousands listed from past events and participating countries, plus a few current items. Some decent stuff is quite inexpensive.
These watches, with or without logos, are available from China by the thousands and can be produced by another boatload on demand just by keeping the kiddies chained to the machines for a few extra hours each day.
It took about 30 seconds to find this one on the web - look familiar?:
http://sunny-eva.en.made-in-china.com/product/GBQxyXkDOEcp/China-Promotional-Silicone-Watch-SW01-.html
I don't really see Capstone gaining much recognition from this promotion unless they are recognized in some of the printed programs or other World Cup promotional material as a supplier
I'm hoping that oceang1, who is far more knowledgeable on the subject than I, will weigh in with some additional, more specific, answers to your questions.
Glad Andrea seems to have passed you by!
RVD Are they on-the-shelf in your area?
Not in stock at my local Lowes but available for pick-up later with a shipping charge added.
Anybody else see Capstone products available at their local Lowe's?
Sort of ironic and amusing though
When you recall that, at one time,Souvenir Direct was a major revenue producer for CHDT but was sold off by Wallach because it didn't fit the business plan. Remember them?
Townie, Let's hope we can establish some momentum
(EOM)
Actually the phrase is correctly used
See: http://en.wikipedia.org/wiki/Disruptive_innovation
but it gives a poor first impression for those not aware of the definition. i believe all releases must be carefully proofed to be sure that the message given is the message intended.
Most folks in the United States
Have no concept of what the word "football" means to the rest of the world nor to the degree of fanaticism the millions of international fans exhibit over what we call "soccer". Yep, the World Cup is a great place for Capstone to have a presence.
As far as "Developing disruptive innovative technology" is concerned, I feel it is too awkward an expression to be salvaged by even imaginative reasoning. It's just disruptive!
Simple solution? - Scratch the word "disruptive"
The new site represents too great an improvement to be openly burdened with that puzzlement of phraseology.
A glitch in the new website!
Makes you wonder if the company proofreads before publishing?
The new website at www.capstonecompaniesinc.com looks great.
Until you read the first line:
Excellent Points!
Many will remember this famous quotation by Alan Greenspan in December 1996 regarding stock prices
You were wrong Townie, here's the correction:
Relative to "Putting Lipstick on a Pig", you posted:
Surprise, Surprise, a word in defense of KEI
To adapt a phrase from politics, KEI serves at the pleasure of the Capstone executive.
They cannot unilaterally generate publicity. They follow orders!
Capstone management is ultimately responsible for the programs, or lack of them that guide all forms of PR and IR relative to CAPC.
KEI is the paid messenger; they put the lipstick on the pig.
Another area of some concern:
Given the current balance sheet the ability of the Company to adequately and affordably fund operations and any growth will be critical to achieving and sustaining any expansion of markets and revenue.
It appears that they must at least go back to "direct shipment" to handle the Mexican market.
You nailed it Network!
While it's very nice to read a positive forward looking statement, the past screams, "Show Me!".
It appears shipments to cover the new foreign orders will begin in the second quarter with possible shelf placement beginning in July, 2013.
That indicates folks should not count to many chickens before the first available date to see a formal display of results from these markets before October 15th oft his year; that being the approximate date of the 10-Q covering the third quarter.
Even then, the introduction of new products or the expanded availability of products does not mean that the Company will enjoy better financial or business performance.
So let's enjoy the news but chill on the predictions of vast fortunes to be pocketed until we see some formal results.
Gee,I don't know "U"
I'm one of the three people left in the world who don't have an iPhone so I have no idea how they work <g>
If you give me permission I'll try to zap it but under those "new rules" I'm not sure I can.
Welcome back Uranium
How about updating your"sticky"?
Thanks
Hurricaneman, I hope they will address induction charging
Which,as many of us know is extremely inefficient and keeps the "Eco" from being Eco.
But it appears AC Kinetics is going much further than that with a focus on new (more efficient?) new products. This would seem to also address my concerns that they Capstone lacked sufficient engineering expertise to get the most bang for the buck from new products because of a lack of technical oversight.
Sounds good to me if they can avoid going much deeper into debt while developing some really innovative new products
Sigh, it's what I've said all along!!!!!!!!!
You do know what a "BOD" is don't you?
Let's allow everyone to judge for themselves
and put an end to this silly, but easily resolved thread.
Here's the post you refered to:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=86258316
Yes,I've said Wallach should not be on the BOD.
No, I have not said he should be"dumped" or removed, as CEO.
Let's stick to the truth
By the way, how about answering the question I asked you in the referenced post???
I believe the reference you quoted
was also dealing with the need for an independent board of directors but at least, removing the CEO from the Capstone board,
It was your strange idea that this called for "dumping him" (again, your words) as CEO of the company.
Furnish the link or quote the message in its entirety and I will attempt to more completely answer your "colorful" question.
Excellent point msturgeo
And one that was understandably glossed over in the discussion. While it might not immediately appear related, this is an additional reason to clean up(or "clean out") the current BOD by electing a majority-independent board. Too many "sweetheart deals" amongst the boys in the band. And YES, there is no valid reason for the CEO to sit on the board. He should serve in an advisory capacity to the board.
While arguably true for any company, it is particularly true of a company such as Capstone with such an inbred directorship that the Conflict of Interest of having the CEO on the board is severely compounded.
(and before I am misquoted again on this point I have never called for the removal or "dumping" of the CEO from the company itself.).
Bull, the Conference Call was quite upbeat.
You can listen to a complete recording of it as stated below:
Townie, if you have a problem with CAPC management
take it up with management
If you think that their warning, quoted verbatim in the CAPC sticky you find objectionable was "stupid", take it up with management.
Just one thing, you were wrong, management was not referring to legitimate stock sales such as those completed by Angel. Nor did they in any way proscribe selling CAPC stock as you questioned:
Bull, it is exactly this "trading" of CAPC
that management has singled out as a primary cause of the inability of the stock to gain momentum! (See the Sticky Post above).
Not a concern?
I would think that this certainly would be a concern to anyone considering CAPC as an investment who is remotely familiar with Fundamental Analysis of corporate filings.
Spinning increased revenues as a foil to severely increased losses just ain't gonna cut it with professionals, but I'm sure it will be a central obfuscating ploy in tomorrows conference call.
I feel that after awhile even the most loyal CAPC stuckholders will revolt against the plaint of,"Just wait till next __________, it's all going to get better Soooon!".
Here are the 1st Quarter results:
http://ih.advfn.com/p.php?pid=nmona&article=57568453&symbol=CAPC
2013? Aw, that pesky bottom line -
Network, perhaps you used the wrong URL? (LOL)
Bull, Where did you get this idea?
Instead of re-reading a "Hail Mary" transcript
it would be better to focus on real numbers; the kind published in the current 10-k.
By mid May we should see some additional factual indications of how management has performed through the first quarter of 2013. I believe that they will try to offset otherwise dreary results by touting an increase in revenues as compared to the miserable 1st quarter 2012.
To more accurately analyze their performance you will need to consider the cost of those revenues against previous quarters.
I do not agree that they should be granted 18 more months to stop the slide down the slippery slope of sub-standard shareholder value that began with Wallach's appearance on the scene over six long,long years ago /
Enough is enough; if it takes a complete makeover of the Board of Directors to make it independent and a consequent shakeup of management to protect shareholder value, then so be it.
Enough of the constant excuses ..enough of the "wait till next year"!
To render the new iBox more professional
I would suggest removing the chart which details, in excruciating detail, all of the stock holdings and potential stock holdings of all of the various officers, directors, etc. of the company.
Would anyone doing initial research on CAPC via the iBox really care that,for example, Jill Mohler owns 0.0% of the stock or Jeff Guzzy would own 0.7% of the stock IF he exercised his current options and warrants, and so on and on?
.
IMO it would be a better, harder hitting presentation to substitute under the current heading
"What is the current Company & Principle ownership of shares? "
An impressive but concise answer which could be:
Officers and Directors as a group currently own 33% of the outstanding shares"
A link could be provided to the full information in keeping with the current iBox format.
Comments?
"
Very encouraging Townie!
!
It's a little more complicated than that
The Moderators Handbook contains some rather precise instructions and protocols about editing the iBox, particularly where more than one moderator is involved. There can be conflicts.
I believe you experienced this when you tried to improve the iBox a couple of years ago?
Has anyone LOOKED at the iBox recently?
It's a disaster!
Is this iBox the impression we want new potential investors to receive when they first access this board?
Outdated 2011 information? (and that's a good thing considering what will happen to the comparisons when 2012 results are plugged in)
Truncating the data in the iBox to the first few professionally produced releases from KEI plus (yes) the current 10-k and Capstone provided guidance releases would result in a compact cohesive and informative presentation.
Items such as those ridiculous charts at the bottom of the page that appear to be spaghetti hurled against a blackboard are such an amateurish exercise in charting overkill as to render anyone knowledgable in Technical Analysis helpless with laughter.
Our stock would be better off with no iBox than with the current mess.
Just my opinion of course.
The Wall Plate should sell!
I agree the Wall Plate is a neat idea and that it has sales potential. Properly marketed it should contribute to revenues.
Installation is a snap. Simply remove the center screw from the wall plate cover, discard the cover, plug the Capstone device into the upper outlet and replace the screw to hold the device in place.
Again however we see the lack of engineering oversight in the final design of the unit. It covers one outlet and reduces the accessibility of the remaining outlet. It appears impossible to plug a "wall wart" into the unit's remaining outlet. This could have been simply and inexpensively improved by encasing the components in an emclosure similar to those available everywhere that turn a 2 outlet socket into a 4 or 6 outlet unit. A quick and easy additional selling point.
The unit, with only a three hour stand-by battery, should not turn on automatically if the power fails. It's quite possible that, if no one was awake or present when the unit lit up, it would be dead and useless when most needed. Competitors already make automatic night light/emergency ights that simply increase the brightness of the low energy nightlight LED until someone notices the power outage and manually switches on the full power emergency light, Even better would be the use of a supplemental low power flashing LED to indicate a power outage.
We have seen this lack of understanding of basic technical marketing considerations in too many of the past and present products. Trying to pass off energy inefficient induction charged devices as being "Energy Star" qualified was an embarrassing and amateurish mistake. Trying to save pennies on the "Secret Diary" by not initially including more than 1GB memory when 4GB was almost a standard required upgrading the products after the fact. Trying to sell STP drills and screwdrivers instead of developing tailgating products for the NASCAR crowd was a terrible and absolute waste of the STP license.
Do I think the wall plates will sell - Yes!
Do I think simple changes that any competent engineer would have recommended would have made them more marketable - Hell Yes!!!
Management blames certain shareholders for holding down price.
The current 10-K contains an emphatic message relative to one cause for the current low stock price: as follows:
Bull, this statement was incorrect:
That Mysterious Orient!
I agree that we need much more data relative to the China operations.
Have you ever seen what comes up if you do a Google search on "Shenzhen Envision Technology Co Capstone"?
I'm particularly fascinated by this clause contained in several of the results: