Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Mike
since you are one of the few that have the mirror are you
able to leave a review on amazon. Could be very helpful for any
potential customer if they read a positive indepth review
Smart Mirror Amazon listing
I see a listing on Amazon for the smart mirror again. Only thing is it doesnt show up when doing a normal search. Was only able to see it as i saved the bookmark when they used to list it and able to see from that.
Currently shows as unavailable but think they are about to start the campaign with this listing.
Below is link to see listing.
https://www.amazon.com/Thin-Cast-1807-020101-01-Capstone-Mirror/dp/B096L187LW/ref=sr_1_5?crid=21U76AZ1JRJWX&dchild=1&keywords=capstone+smart+mirror&qid=1624464089&sprefix=capstone%2Caps%2C167&sr=8-5
On the bottom of the Amazon page for the Mirror it states
Best Sellers Rank #736,220 in Home & Kitchen (See Top 100 in Home & Kitchen)
#1,915 in Wall-Mounted Mirrors
Date First Available June 12, 2021
Does that mean we got certified on June 12th.
Also ill be watching the Best seller list. If we ever break into
top 100 from #1,915 I will be a rich man.
Waited years but think we are month or less away from hitting double digits.
Nice article on UL certification alot of useful info.
Didnt even realize you didnt even need one.
States it usually takes 6 months to get once you hand in the working prototype .I cant remember exactly when but I do recall Mr. Wallach saying he had a working prototype during previous conf. call.
It might have been mid November which would put us in the may timetable.
https://www.chinaimportal.com/blog/ul-certification/
I remember back in the day of having zero volume for days
Yes , Im hoping they ran out of inventory also .
Ive been in CAPC for over 5 yars and have heard many Capstone CCs.
Usually MR. Wallach is a little conservative and doesnt exaggerate or hype his products so if he gives any predications you can bet it will be at
least that much. He likes to under promise and over deliver.
Im hoping there's no delay but remember back in February
you were able to preorder and they showed that credit card would be
charged on March 28th. So figured they would be shipping at that time.
Now if you go to purchase one they say you can be put on a waiting list.
So i'm assuming they either they are delaying product or hoping that maybe they presold all that they had available for shipping at end of month and now everything is on back order.
Here's my estimates for sales.
Lets say they sell 200K mirrors.
They sell from $700-1000 assuming less then 30% profit margin.
Guessing $200 profit each unit.
That's 40M profit with 50M shares which is .80 per with 20 PE
we get $16 share.
I think this is conservative and can be much higher especially with relationships
with big box stores and with corporate sales.
Plus there's always a chance someone can buy us out.
Im looking to you lululemon.
Dont know why anyone would be short at this time.
Only negative i can see tomorrow is that there can be a delay in product
release but we have waited this long whats another month or so.
Ive been in many reverse splits and this is first time i feel robbed.
Normally if i have 1000 shares at .90 then from a 1:20 reverse split
I should only have 50 shares at $18. Well at least the market should open at that price. If it goes down to $7 during that time then thats the market but in this case the stock never opened at 20X the closing days price..
Had something like this happen once back but shareholders were given a special dividend worth 1/2 the stock price which would be only way i can see this as being legal.
They need to answer for what happened here as ive never seen a reverse split like this. Fortunetly i dont have much but feel sorry for all the large share holders.
Why ? Downward trend with little volume should be a buying signal.
especially when nothing fundamentally has changed.
Think of it as buying something on sale rather then the regular price.
Slight delay is not problem especially since March 28th falls in the 1st quarter.
We Shall see a huge jump in revenue when they report these shipemnts in mid May.
Thanks for the update.
Now i feel more comfortable investing more into it.
How is their cash position
As read from their form 8-k back in october that they had agreed to forbear
interest payment till January 29th which was just due.
"Medrecycler-RI, Inc., a wholly owned subsidiary of Sun Pacific Holding Corp. (the “Company”), was informed on October 15, 2020 that the Noteholder agreed to forbear from taking any remedial action for an Event of Default, absent additional Events of Default, until the next interest payment is due pursuant to the Indenture of Trust, January 29, 2021."
Small investment in SNPW so far and would like to go in big but worried about solvency and meeting financial obligations in the near future.
$3.4M for quarter and 734K Gross profit
with only a 10K net loss was better then i expected.
Looks like the $100 Gift card will be after the product is released as there is a phone interview within 30 days after receiving the product.
"Earn $100.00 by participating in Capstone’s Early Adopter Smart Mirror Program
To be eligible to receive a one hundred-dollar ($100.00) visa gift card, all participants will be required to complete (1) one online marketing survey; and (1) one phone interview within 30 days of receiving their Capstone Connected Smart Mirror. Please note your information is to be used for internal purposes only and will not be distributed to any 3rd-party businesses. Our goal is to provide our customers with superior products and the best overall experience."
I googled Capstone Connected Surfaces and found they filed a trademark on April 12, 2018 . The trademark is pending and under the Goods and services Class #009 which shows as computer tablets.
I then clicked to see their other trademarks and which class they were under and the bulbs and LEDS seemed to be all under class 11 except the power failure , secret diary (blast from the past) trademarks which were also under class 009.
Will keep an eye on the application and see if any new info comes out.
Was there any word on 1st Quarter revenue?
Would love to load up more with this dip but im afraid of the 1st Qtr numbers.
Mainly that its going to be very hard to beat last years numbers.
I beleive stewart even mentioned that last years 1st qtr was quite high.
Afraid if revenues are much less that sharehilders might get scared away.
figured id check on patents to get an idea of new product
Below is info on patents recently given. Though think Stewart inferred that they are waiting for patent approval on new product.
https://patents.justia.com/assignee/capstone-lighting-technologies-llc
"At this time the price is below the 50 and 200 DMA and that is very Bearish.
If CAPC runs true to the past we will not see any News for a couple of months. That will not boost price and a dip in that Channel is very likely.
The only positive I can see recently is the RSI has risen to just below 50.
That needs to climb above 50 and keep going upward. "
I think you are mistaken as generally a lower RSI is better. Normally a PSI of 70 or higher means its overbought while a 30 or under is oversold.
Thats actually what i meant. Impulse buys should be a in-stock item as
few go online to order these times of products unless they really are looking for it.
One thing that annoyed me is tSams Club had a nice display of Capstone products in front of the isle for everyone to see and walk by but the working promo dispays were hidden down the aisles all covered up. If the working dispays of each product were in the front along with the product i think it would sell many more products. As saw people pick up products look at the box trying to figure exactly what it is and then put it back down. Working displays right there would have helped out alot.
I also checked out the CPC bulb and also shows as out of stock in stock in Medford , NY but available to order online. This is generally an impulse buy item so would have been great to have in stock.
Tried to check the houston , TX sams clubs but wasnt able to see if they were a stocked item there. I did see that there are at least 20 Sams Clubs in Houston area. Im assuming all of these emergency type productss were all sold out. Hopefully these bulbs were there for the people to purchase and use as know if i was there i would be buying a ton of them. Capstone should be anything but silent at this time
As stated by Stewart
"we still remain confident that our net revenue numbers for Q3 will exceed 2016."
Remember he is always extremely conservative in his predictions.
so believe we will be at a minimum $12M but probably much more.
Meaning 3rd Qtr will be a all time record quarter and we may even break entire 2016 revenue in just the first three quarters.
That i believe would spark alot of interest in our little stock.
10.2M revenue record earnings for 2nd Qtr
900K profit
1.9cent EPS
Yes AM announcement would be better there after hours
but at least its Monday and not friday after hours.
As Friday after close is usually known for bad earnings to
soak in over a long weekend.
At least its on a monday so have entire week to build momentum.
Dont think it would help the stock price if we dont break last years numbers
unless maybe a large sale didnt make it into this quarter and will be in next numbers.
Maybe thats a reason we didnt get a update on 2nd qtr as there could have been be a large sale that may have or not have went in with this quarter.
which would be a good reason to not give a update before end of quarter.
2Q $8m rev's with $1.0m earnings too low
We did 8.9M last year with almost 1.1M profit in 2Q
Dont think investors would be too happy if we didnt break that after all
the talk of growing backlogs and record breaking revenue and new products.
I think the reason stewart didnt mention 2QTR early is because last time it was anticlimatic when the official numbers came out. as everyone had an idea of the numbers early on.
Hoping nothing was mentioned yet so as to make more of a impact this time.
Any predications for this Quarter?
Im hoping we break 12M revenue with 2M profit with a large backlog of
orders
Would be great for stock price to see we have a record quarter
especially before our our normally season best 3rd qtr.
See this happen alot where the MMs like to walk the stock down.
Thus picking up cheap shares. One reason i never do a Stop limit order.
As it shows the MMs what price you are willing to sell at thus they can walk it down and pick up many cheap shares while scaring others and then eventually walk it back when they have their fill.
Im here til i can my 10 bagger.
think about $2.50 share would do it
.63 Bid. Looks like we are starting to take off.
Think momentum will grow till earnings report . Then I believe we
blast off.
I checked his other under priced stock article and that stock in fact
doubled as we wrote he thought it would. People reading that may have more confidence in listening to him on CAPC.
In 2016 they had more revenue then 2014 and 2015 combined and
that was with 2015 being a record year.
So even though 2016 was a record revenue year again Im thinking they continue the trend and this years revenue again beats both 2016 and 2015 combined, that would be about 46M which i think could be done.
Not many companies can say this especially while having a P/E of 8 and a P/S of less then 1
Yes , I noticed the 100K buy also
Below is where you can get the time and sales for the day
http://quotes.freerealtime.com/dl/frt/M?IM=quotes&type=Time%26Sales&symbol=capc
Bought another 8,000 shares this morning at ask .60
Buy went through immmediately but were sold in many small lots.
What was strange was that the Ask went down to .59 immediately after
my purchase. Seemed odd think someone was trying to walk it down.
Anyway will probably pick up another 8,000 tomorrow to reach the 50K mark
and will then the waiting game begins. Think within 2 years this stock can really explode.
"Patience is a virtue".
As i mentioned while back i wished that Capstone would have done the R/S weeks earlier then they did.
It would have been perfect timing to drop the "d" right before the
earnings webcast and the uplisting. As now some new investors may be confused with the stock symbol. Im sure in hindsight this will all be
a non factor but think this should have been better planned.
Think you may have read Postals shares wrong as he owns 8.5 M shares
after the reverse split.
Think im in the minority as i wished they did the reverse split a little earlier.
As the stock is CAPCD for 20 trading days from the 22nd. So around
August 22nd the stock will go back to CAPC.
If the split was done week or so earlier we would be back to CAPC at the same time as the conference call .
Which i believe would help investors find our stock if there is positive news coming out that day.
So basically saying would rather have had our stock ticker be CAPC instead of CAPCD day of the conference call.
Ameritarade today changed the symbol to CAPD in my account and im now able to tradable it. Nice to see my account value shoot up.
This R/S was not a problem with management as ive been involved with a few
Reverse splits and everytime i didnt have access to the stock for about 3 business days. Which happens to be the amount of time needed for stock
transactions to settle.
Its good to see that 1M bid but its also good to see that no-one is
filling his order. Was afraid some would just wash their hands of the stock when they could sell all at once. Glad to see people are holding on to their shares.
Believe a big stock move is coming sooner then later. Wish i had more $$$ to invest.
Or a future market maker wanting to purchase inventory.