says, "Companies that trade on the OTCBB will require Cash/Cheque. "
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Intel, Lenovo, Waymo, GM, and Google pull out of CES
https://www.engadget.com/lenovo-wont-attend-ces-2022-172655236.html
On the upside, it'll be easier to get dinner reservations at pricey Vegas locations for Stewart and the Crew!
You missed the part about tax loss sellers.
There are retail sellers dropping shares during this swoon, to go along with the PIPE holders.
Maybe even some from private trading groups.
Every month, we're going to have to look at the Restricted/Unrestricted tally
before we proclaim 'Littlebanc is out of shares'.
The 5 entities that Littlebanc facilitated had almost 1.8 million Restricted at the beginning of this month. What will January bring?
Tax loss sellers could potentially take this under 60 cents, but we're running out of days for that, and the 30 day wash rule buyers will mitigate the situation.
The other thing to consider: those PIPE buyers who wish to hold off until 2022 to book their gains. January could start another round of 'Littlebanc is almost out of shares!'
The SHIPPING CONFIRMED rally lasted all of 30 seconds
Capstone tweeted the news around 1:40PM EST, the trades went off around 1:43PM, and the reposted tweets hit around 1:44PM.
When the private trading group noticed it was Citadel on the Ask, and 7500 shares didn't move them off 85 cents, they stopped.
Then JANE and Canaccord and NITE jumped past Citadel's Ask, and not a single trade happened for the rest of the trading day.
What's a stock promotion gotta do to get a break? Seems no one wants to buy the Littlebanc brokered shares.
Available: December 20, 2021
The beat goes on...
Only going to be a handful of these things sold in 2021. Revising Revenue downward to $500K.
That puts the P/S ratio above 80x.
The original mirror had a microphone, and Google's Voice Assistant built in.
Have you gotten a shipping notice yet?
Here's the Thing: When I want a mirror, I buy a mirror
When I want a Smart Home device, I usually buy something from Amazon w/ Alexa.
If I wanted a dim screen device, with no Voice Assistant, from a company that doesn't have enough support people to answer questions in real time, I'd buy Capstone.
It's not a dimmed out mirror, no. Picture quality of the Echo Show 15 is superior.
Did you order more Capstone Smart Mirrors? I'm wondering how they handle casting to multiple mirrors. Do you have to uncast/recast when you move to the other mirror?
Of course, Echo Show 15 has a built in microphone (and camera!) and built in Alexa Voice Assistant.
My Alexa Echo just informed me the Echo Show 15 is arriving today.
Anyone get their Capstone Smart Mirror yet? Want to compare experiences? I've been using Alexa hardware for 7 years. Amazon knows their Smart Home tech.
Can little Capstone compete?
At last count, they still held about 70% of their PIPE shares.
You've been saying 'almost out' for a while now. Let's see your data to back up that claim.
https://www.slashgear.com/capstone-connected-smart-mirror-review-01700822/
6/10 rating
PROS
Sleek integration of mirror and display
Flexibility of native Android or smartphone projection
Loud speakers
CONS
Expensive
Humdrum Android specs
Display is lackluster
No Google Play store access
Smart ones are.
This year will show ~200 mirrors sold at best (after some claimed a million would sell).
It will show $625K in Revenue, and $2.2 million in losses, my estimate.
We have to wait 4 months to hear about that.
Where exactly are you seeing the 'millions and millions' of shares short?
I find that claim dubious and laughable.
Retail is selling, booking 2021 tax losses against their prodigious gains on real stocks.
Cover what, exactly?
There are ~1K shares short. Where was the predicted short squeeze? We were over half a million shares short, and that was wiped out over one reporting period *AND THE PRICE WENT DOWN*
Squeeze didn't happen, because the short position was a hedge against some of the PIPE shares, as I surmised.
Again, what exactly needs to be covered?
Not even Stewart is saying they are gearing up to sell a million.
You might get 3000 made by 2Q2022 if they really push.
The product is flawed. It will fail like the first mirror did.
Nobody wants a mirror you have to touch to use. Ugh! Fingerprints. Do you have to turn it off every time you go to clean it?
3,000 mirrors were supposed to be manufactured by the end of Sept. 2021, needing only an FCC ID label to immediately ship to customers.
That number shrank to 200 ready to label and ship.
Do you see where this is going? Stewart does.
CAPC is already grossly overvalued from a fundamental stand point.
I don't see why it should triple or quadruple just because the company obtained FCC certification.
They had FCC certification in hand throughout 2020, when the share price cratered to 3 cents/share.
Littlebanc has no shares. They would have been required to file a 5% holding report if they did.
https://www.littlebanc.com/portfolio/overview
There's Littlebanc's portfolio.
From your link:
$10,000 worth of CHDT/CHDO/CAPC bought when Stewart took over in Sept. 2006
is worth a bit less than $7,500 at the moment.
Do you have any links to uspto.gov where they've applied for any patents on this mirror device?
I don't see any new FCC ID grants that mention 'mirror' in the description
It appears Stewart is actually going to have a webcast without the FCC ID grant in hand.
Take a drink whenever he says the following:
"Never in my 35 years of being CEO...."
"Pandemic"
"Supply Chain"
I expect we'll hear lots about the upcoming CES show in January; they'll probably blow at least $150K on that.
No matter; shares are cheap, and they always can print more!
FCC search as of this morning
Will Stewart actually hold another webcast without the FCC ID grant *in hand*? What would he say? 'Still waiting'. 'Any Day, now'. 'Dog ate my paperwork'.
If anyone else has a better search to turn up the mirror, let's hear it.
I'm searching a date range of 9/1 to 12/30, with 'mirror' in the description. There's no way they'd put in an application without mentioning the product is a mirror, right?
Maybe they'll put off the webcast until the 8th, and the 8K was right (still not amended).
Littlebanc has no shares.
Never did. They just brokered the deal.
So, I guess the MOASS is called off, eh?
LOL
LMAOWTFBBQ
Stewart said 'Material'.
What kind of 'New' information are you expecting? The color of the carpeting at their CES 2022 booth?
Because withholding Material Information for a week (when you promised you'd say something before Thanksgiving) makes so much sense.
Not.
Clearly, he scheduled the last webcast with nothing in hand. Yes?
Your claim was 1000s of 5 star reviews for a Capstone product.
Still waiting for the link.
Did you bother to read the Top Reviews for that product?
Top reviews from the United States
Translate all reviews to English
BFA21
1.0 out of 5 stars Drains batteries even while off - COMPLETE WASTE
Reviewed in the United States on March 21, 2018
Verified Purchase
Terrible, terrible product. Do they do the job lighting an area? Yes. Do they last more than one day? Definitely not. To be clear, I opened a brand new package and inserted the provided batteries. I left them on for about 3 hours during a party. At the end of the night, I turned them all off. After about a month, I decided to turn them on again but no, all the batteries were dead. Essentially, leaving the batteries in even while the lights are off will still drain the batteries. So, for $15 worth of batteries, you get one night of use. A COMPLETE WASTE. This purchase on Amazon was a replacement for the same exact packaging purchased at Home Depot that experienced the same exact issue. I therefore conclude that my first package wasn't an anomaly but rather consistency. Never purchase this product.
20 people found this helpful
Mr. N.K. Sood
1.0 out of 5 stars Eats batteries in one use!!
Reviewed in the United States on November 14, 2016
Verified Purchase
I bought 3 packs of these lights and was initially pleased - good quality, well made with a remote. However having used them once for less than 10minutes the batteries were used up. One pack I installed but didn't use for a couple of weeks - the first time I tried to use them I found the batteries flat. I replaced the batteries with a high quality brand but still the same - these lights seem to drain the batteries even when switched off. AVOID! Do not buy...........unless you are the CEO of Duracell / Energizer !!!!!
42 people found this helpful
Rick Johns
1.0 out of 5 stars Extreme battery usage
Reviewed in the United States on August 8, 2016
Verified Purchase
Horrible product, can't keep up with the rate these lights go thru batteries. Have had lights mounted in pantry since March, rarely used, now putting fourth set of batteries. Would not purchase again.
42 people found this helpful
Do you have a link to that product that has 1000s of 5 star reviews?
I checked out one:
https://www.amazon.com/Capstone-Wireless-Lights-Remote-Control/dp/B014FCOHZ2#customerReviews
Seems the product was a battery sucker. Lots of unhappy buyers.
I'm confused. Did the US move Thanksgiving into December? I thought it was tomorrow?
Clay Roof Tiles, Generators, Propane Delivery, STP Tools, Simply Comfort Foam Pillows, Secret Diary, CPC Bulb, Peep Hole Monitor
You should look those up. Big Fanfare, no follow through. Big losses.
CAPC/CHDO/CHDT Was good at selling LED lighting, although they never generated $40 million in one year. False claim.
Regardless, they walked away from LED lighting sales, and put all their chips on Smart Mirrors.
How's that working out for you, Stewart?
Stewart Wallach has a 15 year record of failed product launches.
Smart Mirrors fits right in with that legacy.
2ABNT is the ID for Shenzhen Synergy Digital Co. Ltd.
Do we know which Chinese company is doing the circuit board/RF build for the new mirror? Wouldn't it make sense to use the same company? Maybe.
Anyway, the Thai company is just an assembler/tester of the final product, from what I've seen.
Just checked fcc.gov with the 'mirror' filter. No new approved certifications.
I'd guess no Stewart webcast today - what would be the point? "Hey, we still are not certified, so we haven't started building mirrors. But, any day now, for sure!"
They've also used 2ABNT (on the first mirror design from 2019).
2ABNT-CAP001M
That's a 3rd party site. If you want the straight dope, right from FCC.gov
https://apps.fcc.gov/oetcf/eas/reports/GenericSearch.cfm
Fill in a date range and click Start Search.
You can narrow it down if you know the company's Grantee Code or Product Code, but we don't know that for this mirror product.
I've been searching with Product Description of 'mirror' and a date range of 9/1/2021 to 11/30/2021.
I get 8 hits. Check out 2A3II-VIM2011 for a typical smart mirror testing/certification.
Tested Oct. 09, 2021 to Oct. 28, 2021, Test Report Issued 11/10/2021. FCC Certification granted 11/15/2021