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That's why we need to uplist. We need to get market makers to provide liquidity. So you don't get wild gyrations. Not sure the rules that allow a copmpany like CAPC to get to next level.
Embarrassing. 16,000 Shares traded and the stock price is down 12%
Wouldn't it be a kick in the arse if NFLX bought VIAC. Then they could justify the valuation.
Long VIAC
Numbers today were great...looking for an all time high soon enough.JMO
Pain is over.JMO
Great entry point
Institutional interest. Might be the gang who added liquitiy to CAPC. Watching their interest during the "Launch Stage".
Forget spaceX.
Remember CAPC.
Looks like block trades going off on the ask. Folks are noticing, the "little Stock that Could"
Capstone Companies Completes a Private Equity Placement in Preparation for its Smart Mirror Launch
3:33 PM ET 4/6/21 | BusinessWire
DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--April 06, 2021--
Capstone Companies, Inc. (OTC: CAPC) ("Capstone" or the "Company"), a designer, manufacturer and marketer of consumer inspired products that simplify daily living through technology, raised $1.498 million in a private equity placement of restricted common stock among five accredited investors, including four private equity funds.
Stewart Wallach, Capstone's Chairman and CEO, commented, "As our e-commerce business model necessitates on hand inventories to meet consumer expectations of 1--2-day deliveries, I am pleased that we were able to raise the necessary funds to support this program while avoiding costly debt as a solution to our immediate funding needs."
Wallach added, "We are fortunate to have aligned with institutional investors that understand and support our looking forward vision for our new critical product line."
Capstone sold a total of 2,496,667 shares of its common stock in the private offering. Littlebanc Advisors, LLC, through Wilmington Capital Securities, LLC acted as the sole selling agent for the private placement.
About Capstone Companies, Inc.
Capstone Companies, Inc. is a public holding company that engages, through its wholly owned subsidiaries, Capstone Industries, Inc., Capstone Lighting Technologies, LLC, and Capstone International HK, Ltd., in the development, manufacturing and marketing of consumer products to retail channels throughout North America and certain international markets.
Visit our websites; www.capstonecompaniesinc.com for more information about the Company and www.capstoneindustries.com and www.capstoneconnected.com for information on our current product offerings. Contents of referenced URL's are not incorporated herein.
About Littlebanc
Littlebanc is a private equity firm that invests in small, high-quality businesses in old-world, simple, and enduring industries. Littlebanc invests the firm's own capital along with capital from select Limited Partners ("LPs") and takes an active approach with its portfolio companies to assist them in realizing their potential. Littlebanc's LPs are predominantly seasoned finance professionals that are drawn to the firm due to their ability to select only the investments that they want to participate in, position size each investment, and the collective expertise of the broader LP base, which can add considerable value to each portfolio company.
About Wilmington Capital Securities, LLC
Wilmington Capital Securities, LLC is a broker-dealer and investment adviser registered with the U.S. Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).
Forward Looking Statements. This press release contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, included in this press release regarding strategy, future operations and plans, including assumptions underlying such statements, are forward-looking statements, and should not be relied upon as representing Company's views as of any subsequent date. Such forward-looking statements are based on information available to the Company as of the date of this press release and involve a number of risks and uncertainties, some beyond the Company's control or ability to foresee, that could cause actual results to differ materially from those anticipated by these forward-looking statements, including, including the impact of Coronavirus/COVID-19 pandemic on the Smart Mirror product line, any difficulty in marketing Company products in its target markets, competition in the market, and impact of evolving technologies in Smart Mirrors on Company's prospects and products. With declining revenues from Company's matured LED product line, the success of the new Smart Mirror product line is critical to the sustainability of the Company through 2021. Consumer acceptance of and orders for the new Smart Mirror product line are uncertain as of the date of this press release. The above referenced investment merely funds an initial estimated inventory need in advance of any actual sales. Additional information that could lead to material changes in Company's performance is contained in its filings with the Securities and Exchange Commission. Company is under no obligation to, and expressly disclaims any responsibility to, update or alter forward-looking statements contained in this release, whether as a result of current information, future events or otherwise. Any investment in the Company's common stock, which is a "penny stock," is highly risky and not suitable for investors who require liquidity and are unable to withstand the loss of their investment. Investors should only rely on public information in our filings with the SEC, especially disclosures of Risk Factors, as a basis for investment decisions about Company common stock. Company's SEC filings can be accessed through SEC website: www.sec.gov or the corporate website listed below.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210406006066/en/
CONTACT: Aimee C. Brown
I believe it to be a negotiated price. It least we know the entry price is 1.30 at it's low. CLSN going much higher. And news will skyrocket this pps.
That statement must comes from Stu, and he alone. WE need to know how many units they intend to sell. How many are ready to get get into consumer hands.
Correction-Year End 2020 Financial Results Conference Call
Thursday, April 1, 2021
10:30 a.m. Eastern Time
Phone: (201) 689-8562
Internet webcast link available at: www.capstonecompaniesinc.com
Yeah, But it still messes with your head and the daily P&L
BTW...Lots of buying on the way down.
Without true guidance "hope" is all we have. I'm pleased they will have a question and answer session. Going to be some tuff questions. We don't know if this is a 100mil Co. or 10.
Bingo
Maybe they announce in their 10Q, Pre-orders and a Big Box commitment retailer. Hmmm
Hopeful and JMO
A goof: Less than 8500 shares and it gets beat down .25
Saw some what seems to be, institutional buyers. Large block trades going across. They like it here too. On what was an expected pull back. Classic no volume puke.
Buying opportunity. IMO
Bought a bit more on the anticipation of a news release. Product passes testing in USA.
How about the xxx media. Get the picture?
buying again
Correction...Thursday. CLSN has CC on Friday. Have that one long too.
Stu is figuring out how to buy cheap images. Photographers are expensive.
100x off it's low! Now that makes real $'s. Now can it go 4x's more?
Friday is the biggest CC.
I started two mins into the open. I believe I printed nothing below 2.50.
I wanted to get to a number before CC. I still and hopeful meaningful info comes out of this particular CC. Still long and CAPC strong?
Private sry. All done unless a huge event takes place. Now I am at a comfort level. Thought I was so wrong on this one. When the market cap hit 3 million! I thought we were toast. Waiting from Stu and crew for an indication of sales. I hope he spells out how many units were preordered and how many they have in inventory. No more guessing games for share holders.
You're welcome. Those shares were from 2015. Had to take some off the table.
Done selling!
Profits
"New SEC rules in affect March 19th; confirmed by senate! No more naked shorting and shorts are required have enough capital to purchase the shares they purchase! 2021 looking up!"
I like the entry. Big prospects here. Huge potential of a medical break through. If that is the case...
A compelling interview on CNBC w/regard to AMC. .01 Price target. I think he's right. Balance sheet ISSUES>
Going to be a big day here. Lots of shares owned by management. Last time this thing ran (many years ago) it went to nearly $80.00. That was a intra-day high. I know this because I was short from $50.00. I covered only a few pennies off the high. Today I'm long. I learned.
This chart is amazing.
Never have I EVER seen anything like this!
I agree...However this could be one of the best chart/preforming stock I've ever had. I did have ISRG below 12.00. Sold out at 25.00. I couldn't get my finger to buy it back @ 75.00 when I loaded it!
Will I do that with CAPC @ 10.00?
Please update forum when you get your mirror.
What price was your entry?
New to this stock. What was the precipitous to the big run up in ENZC?
What caused the run up?
Look @ the options. Big bet this is going much higher.
Panic sellers who bought 2.00. And profit takers. This company has legs!
Much higher. Only day it corrected.
I guess I gave away shares. A 100 Million Dollar market cap soon!
That was me again @ 1.95 sry longs. Still like it big time. Go CAPC
Soon to a 100 million dollar market cap.
I still want to hear when they expect to ship the mirrors. We need to know how many they expect to sell and how many they have sold already.