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DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--Capstone Companies, Inc. (OTCQB: CAPC) announced today that Capstone and Coppermine Ventures, LLC, a private Maryland company that operates year-round health, fitness and social activities facilities (“Facilities”) in the State of Maryland, entered into a Memorandum of Understanding (“MOU”) stating their intent to produce a plan for development of an online customer registration and management application (Application) by Capstone for Coppermine organization’s 20 Facilities. The development of the Application is subject to acceptance of the Plan, signing of a definitive application development agreement with Capstone and funding of development fees and costs by Coppermine. The companies expect the completion of the Plan by May 31, 2025, and hope to implement a CRM Application in 2025.
“The Memorandum of Understanding (MOU) is another step forward in the health, fitness and social activities business (HFS business) by Capstone and in its relationship with Coppermine. Besides improving Coppermine’s operations, a functioning Application could potentially be licensed by Capstone to third party operators in the health, fitness and social activities industry as well as be used in any future HFS business facilities developed or acquired by our company,” said Stewart Wallach, Capstone’s Chairman of the Board of Directors.
Coppermine has provided working capital funding for Capstone’s basic corporate maintenance overhead through the third fiscal quarter of 2025 and Coppermine’s founder, owner and manager is Alexander Jacobs, who is also Capstone’s Chief Executive Officer and a director.
About Capstone. Capstone is engaged in the development of HFS business and licensing of its Connected Chef smart device.
About Coppermine. Coppermine is the managing company for a HFS business that operates 20 HFS business facilities in State of Maryland that annually services estimated 35,000 customers. Coppermine’s offerings include pickle ball, padel, field sports (e.g. soccer, football, lacrosse), basketball, and swimming as well as food-drink gardens or sports bars and live entertainment.
I'm not expecting the reverse merger till 3rd quarter, but what are the odds we get an update at the end of Q1?
You can say what you want about Stewart Wallach, but he wants this to succeed more than anyone and he's never purposely screwed over investors. People forget he put in almost an additional $1 million of his own money when the company should've declared bankruptcy to keep this thing on life support. He's also the biggest shareholder so he had skin in the game. If he's to recoup any of the money he put into CAPC, this reverse merger has to materialize. This will happen! Everything is lining up! I just don't foresee it completing till the 3rd quarter per the most recent PR.
3 million in volume in one day...at least people are watching! Wow! I expect a bit of ride going into 3rd quarter. I know we all feel the underlying excitement brewing...it's coming!
After reading the 8k's, I'm 100% confident the reverse merger will take place. Based on yesterday's PR, I just don't see it happening till later this year...hence, the extension. Jacobs had no incentive to increase the funding and to extend the deadline through Q3 unless he plans to follow through. Remember, many time consuming things must happen first. He owns multiple companies. He probably has to decide how many, if not will all of them be rolled over. Documents and proxy statements must be submitted to the SEC, company must remain current with SEC, companies on both sides of the merger need 2 years of financial audits, etc. As far a shell companies come, CAPC is as good as it gets. Low share structure, debt cleaned up, ex-CEO is largest shareholder so he has skin in the game. and all SEC filings are current with the OTCQB. This will be a huge success and has potential to be a huge regional or national fitness chain. So yes...third time is the charm!
Yeah...the new CEO, Jacobs, is throwing a ton of cash in this to keep the shell current. My guess is they are working on getting everything inline for the SEC such as 2 years of audited financials. They are definitely showing their hand. They will complete the reverse merger. The already stated the new product line is their current product line, the new board members are strategic picks to aid in their expansion to other states and they are funding the company to keep it current. This is a no brainer. Just wish it was complete already.
General question:
What would you like to see or hear from the company right now?
Truthfully, that's what I'm looking at in the long game. I see a reverse merger, expansion across multiple states as planned, uplisting to the Nasdaq and then being bought out by Lifetime or another national chain.
Brian Rosen, Commercial Strategy Senior Executive, Appointed as Director of Capstone Companies, Inc.
Capstone Companies, Inc. (OTCQB: CAPC) announced today the appointment of Brian Rosen as a non-employee director, effective January 20, 2025.
Mr. Rosen has extensive experience in marketing, business development, contract negotiation and government relations as well as experience as a member of two public companies’ management. He served as Senior Vice President, Global Market Access, Public Policy & Alliances (2021 - 2023), Senior Vice President, Commercial Strategy (2018 - 2021) and Vice President, Market Access, Policy, & Government Affairs (2015 - 2017) with Novavax, Inc. (NASDAQ: NVAX). Before Novavax, Inc., Mr. Rosen served as Chief Policy, Advocacy & Patient Services Officer (2014 - 2015), Senior Vice President, Public Policy (2013 - 2014) and Vice President, Legislative and Regulatory Affairs (2012 - 2013) for the Leukemia & Lymphoma Society,Washington, D.C. He also has a J.D. degree from Hofstra University School of Law.
“Brian is skilled at pursuing new business opportunities and developing resulting revenue streams and in negotiating contracts. He has a record of accomplishment in the pursuit of revenue generating opportunities. I believe his skills, coupled with government relations and public company experience, will prove valuable to Capstone Companies’ efforts to establish a new business line and pursue a growth strategy for year-round social, fitness and health programs and facilities,” said Stewart Wallach, Chair of the Company’s Board of Directors.
You're not buying the stock for today's balance sheet. That's the whole point to all of this...getting in at Ground Zero. You're buying for the completion of a reverse merger with Coppermine that is a successful, pre-existing company that has millions in revenue. Hence, the excitement for the company and todays board appointee whose appointment indicates a massive expansion plan. Coppermine currently has 20 locations and 700+ employees. They want to expand to 5 more states in the immediate future. This is what you're buying! This is what you'll get when a reverse merger is completed. The only thing this new company will have in common with the old CAPC is the ticker.
This stock is an OTC unicorn!!! Just getting started! I foresee a 10X+ stock moving forward. This is a ground level buying opportunity!
$CAPC
Stock Price tripled this week and just getting started. Very low float (29 million) and appears reverse merger is taking place.
.10 Soon!
$CAPC
Stock Price tripled this week and just getting started. Very low float (29 million) and appears reverse merger is taking place.
I agree!
You are correct. I went off of what was told to me. I just read the financials on Edgar and your calcs are right.
No, I'm not a pumper, but I am an investor who excited about the future. You did make some incorrect statements.
1) The HQ is not a virtual office. It was a physical location with a warehouse when they sold lights and smart mirrors. That company, which many invested in originally, went belly up. They liquidated all the product. Essentially, Capstone ceased to exist the last couple of years. They never declared bankruptcy though. Instead, the prior owner/ceo, Stewart Wallach, was behind the scenes looking for a suitor to essentially take over his company. Let's call a spade a spade. Capstone became a shell company that still maintained its current OTCQB status and they were looking for a potential reverse merger.
2) The debtors did not go from debtors to major shareholders. The debtor was the previous owner/ceo and he was already the largest shareholder. This action cleans up the debt on the balance sheet for the new company. They also put restrictions on when and how much he could sell. In fact, to break even on his debt would be a share price would have to be converted at $4+. Additionally, OS is still approximately only 50 million shares and Float under 30 million shares after all this.
3) The new ceo is NOT a VC. He is the owner and ceo of Coppermine, a large sports/fitness equipment company with 20 locations and 700+ employees. As for not including his business under the Capstone umbrella, that has yet to be determined. We have to wait and see. He never said he was or was not. He did say he would like to expand his company to 5 other states. If he wanted to do that as a private company, why would he assume ceo of shell public company like Capstone? Think about it. Furthermore, we don't know who the 2 new BOD appointees are yet. Buddies are huge assumption. My experience tells me that if it were 2 "buddies" they'd be appointed already. The fact they haven't been appointed yet, leads me to believe he's looking for strategic partners to help expand Coppermine or a new venture. Remember the new CEO is a very successful entrepreneur and business owner. He has no connections to any type of public company and definitely no indications he would partake in any ponzi schemes or pump and dumps. His history and resume say just the opposite!
4) A reverse split is definitely not needed to survive. Hence, cleaning up the balance sheets of all debt. If Jacobs decides to complete a reverse merger with CAPC, he could be bringing in a successful multi-million revenue generating company. The balance sheets definitely remain an issue, but they have options. Converting the largest debt to shares with restrictions on conversion was a good decision for now. Wallach has never sold a share, even at $1.70. He is not the type of guy who would screw over shareholders. A true rarity in the OTC.
How can you not see this as a buy and hold? More things are lining up on the buy side then the sell side. Nothing wrong with a small position until any potential reverse merger or business is announced as nothing is confirmed yet...just connecting the dots. If a reverse merger is announced over the next few months and Coppermine goes public, it would be a 10X company for sure. If reverse merger is not announced, I firmly believe Jacobs is the right CEO to turn this company around. Either way I like what the future holds as of now. I would never tell anyone how to invest. All I would suggest for this stock is at minimum add it to your "Watch List".
$CAPC - Buy and Hold
$CAPC - Buy and Hold
CONFIDENCE BOOSTER!!!
The new company issues Wallach Series B-1 shares in exchange for almost $2 million debt owed to him. 1) Company is clearing out debt 2) Wallach is already largest shareholder so no reason to sell & 3) to break even the share price will have to hit $4+.
$CAPC Reverse Merger in the Works
$CAPC positioning itself to bring in millions in revenue with a potential reverse merger! It has abandoned its previous business plan, CEO and BOD for a new beginning. Alex Jacobs, the new CEO, is assuming control. He has been extremely successful with the company he owns, Coppermine. Coppermine develops, builds and operates sports complexes and fitness centers. He intends to drastically grow his already 20 locations that he has now with plans to expand to 5 more states in 2025! This is bigger than most realize. Probably one of the Top 10 OTC stocks at a penny right now with a price of .01 and a Float of only 29 million. This stock has a solid history of being a legit, fully reporting company. It will be successful.
DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--Capstone Companies, Inc. (OTCQB: CAPC) (“Company”) announced today a new strategic focus to develop and operate in-person sports-entertainment recreational centers to provide social and health benefits to children, families and adults through sports, exercise, and social group activities.
Under the new strategic focus, the Company will seek to develop and operate facilities offering popular competitive sports, such as pickleball and padel, coupled with a food-drink and entertainment center suitable for social activities: birthday parties, corporate events, graduation celebrations and post-school or summer activities. Entertainment may consist of a combination of a small live music stage, sports bar with large screen televisions, and interactive sports video gaming area. The addition of a soccer or other competitive sports field may be added to host corporate or league sponsored tournaments. The centers would be designed to be a social and community activities magnet for the locality. The initial geographic focus for the new strategic plan will be Virginia, North Carolina, Georgia, Florida and New Jersey.
With the Company’s new Chief Executive Officer, Alexander Jacobs, having extensive experience in developing and operating sports entertainment recreational centers for children, adults and families, and being tasked with developing a new business line for the Company, the strategic focus on sports-entertainment center industry is deemed by the Company as the most promising path to creating a new business line for the Company.
“The sports-entertainment industry is an expanding industry with promising opportunities for new ventures with the right concept and competent execution. We intend to develop a concept that can be rolled out on a regional or national basis. Our ability to develop and execute the new strategic plan will require adequate, timely, and affordable funding, possibly coupled with a strategic partnership or merger with another company capable of financially supporting our strategic initiative,” said Alexander Jacobs, the Company’s CEO. “The challenge for the Company in 2025 is to fund and then execute the new strategic plan.”
$CAPC Reverse Merger in the Works
$CAPC positioning itself to bring in millions in revenue with a potential reverse merger! It has abandoned its previous business plan, CEO and BOD for a new beginning. Alex Jacobs, the new CEO, is assuming control. He has been extremely successful with the company he owns, Coppermine. Coppermine develops, builds and operates sports complexes and fitness centers. He intends to drastically grow his already 20 locations that he has now with plans to expand to 5 more states in 2025! This is bigger than most realize. Probably one of the Top 10 OTC stocks at a penny right now with a price of .01 and a Float of only 29 million. This stock has a solid history of being a legit, fully reporting company. It will be successful.
DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--Capstone Companies, Inc. (OTCQB: CAPC) (“Company”) announced today a new strategic focus to develop and operate in-person sports-entertainment recreational centers to provide social and health benefits to children, families and adults through sports, exercise, and social group activities.
Under the new strategic focus, the Company will seek to develop and operate facilities offering popular competitive sports, such as pickleball and padel, coupled with a food-drink and entertainment center suitable for social activities: birthday parties, corporate events, graduation celebrations and post-school or summer activities. Entertainment may consist of a combination of a small live music stage, sports bar with large screen televisions, and interactive sports video gaming area. The addition of a soccer or other competitive sports field may be added to host corporate or league sponsored tournaments. The centers would be designed to be a social and community activities magnet for the locality. The initial geographic focus for the new strategic plan will be Virginia, North Carolina, Georgia, Florida and New Jersey.
With the Company’s new Chief Executive Officer, Alexander Jacobs, having extensive experience in developing and operating sports entertainment recreational centers for children, adults and families, and being tasked with developing a new business line for the Company, the strategic focus on sports-entertainment center industry is deemed by the Company as the most promising path to creating a new business line for the Company.
“The sports-entertainment industry is an expanding industry with promising opportunities for new ventures with the right concept and competent execution. We intend to develop a concept that can be rolled out on a regional or national basis. Our ability to develop and execute the new strategic plan will require adequate, timely, and affordable funding, possibly coupled with a strategic partnership or merger with another company capable of financially supporting our strategic initiative,” said Alexander Jacobs, the Company’s CEO. “The challenge for the Company in 2025 is to fund and then execute the new strategic plan.”
$CAPC Reverse Merger in the Works
$CAPC positioning itself to bring in millions in revenue with a potential reverse merger! It has abandoned its previous business plan, CEO and BOD for a new beginning. Alex Jacobs, the new CEO, is assuming control. He has been extremely successful with the company he owns, Coppermine. Coppermine develops, builds and operates sports complexes and fitness centers. He intends to drastically grow his already 20 locations that he has now with plans to expand to 5 more states in 2025! This is bigger than most realize. Probably one of the Top 10 OTC stocks at a penny right now with a price of .01 and a Float of only 29 million. This stock has a solid history of being a legit, fully reporting company. It will be successful.
DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--Capstone Companies, Inc. (OTCQB: CAPC) (“Company”) announced today a new strategic focus to develop and operate in-person sports-entertainment recreational centers to provide social and health benefits to children, families and adults through sports, exercise, and social group activities.
Under the new strategic focus, the Company will seek to develop and operate facilities offering popular competitive sports, such as pickleball and padel, coupled with a food-drink and entertainment center suitable for social activities: birthday parties, corporate events, graduation celebrations and post-school or summer activities. Entertainment may consist of a combination of a small live music stage, sports bar with large screen televisions, and interactive sports video gaming area. The addition of a soccer or other competitive sports field may be added to host corporate or league sponsored tournaments. The centers would be designed to be a social and community activities magnet for the locality. The initial geographic focus for the new strategic plan will be Virginia, North Carolina, Georgia, Florida and New Jersey.
With the Company’s new Chief Executive Officer, Alexander Jacobs, having extensive experience in developing and operating sports entertainment recreational centers for children, adults and families, and being tasked with developing a new business line for the Company, the strategic focus on sports-entertainment center industry is deemed by the Company as the most promising path to creating a new business line for the Company.
“The sports-entertainment industry is an expanding industry with promising opportunities for new ventures with the right concept and competent execution. We intend to develop a concept that can be rolled out on a regional or national basis. Our ability to develop and execute the new strategic plan will require adequate, timely, and affordable funding, possibly coupled with a strategic partnership or merger with another company capable of financially supporting our strategic initiative,” said Alexander Jacobs, the Company’s CEO. “The challenge for the Company in 2025 is to fund and then execute the new strategic plan.”
$CAPC Reverse Merger in the Works
$CAPC positioning itself to bring in millions in revenue with a potential reverse merger! It has abandoned its previous business plan, CEO and BOD for a new beginning. Alex Jacobs, the new CEO, is assuming control. He has been extremely successful with the company he owns, Coppermine. Coppermine develops, builds and operates sports complexes and fitness centers. He intends to drastically grow his already 20 locations that he has now with plans to expand to 5 more states in 2025! This is bigger than most realize. Probably one of the Top 10 OTC stocks at a penny right now with a price of .01 and a Float of only 29 million. This stock has a solid history of being a legit, fully reporting company. It will be successful.
DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--Capstone Companies, Inc. (OTCQB: CAPC) (“Company”) announced today a new strategic focus to develop and operate in-person sports-entertainment recreational centers to provide social and health benefits to children, families and adults through sports, exercise, and social group activities.
Under the new strategic focus, the Company will seek to develop and operate facilities offering popular competitive sports, such as pickleball and padel, coupled with a food-drink and entertainment center suitable for social activities: birthday parties, corporate events, graduation celebrations and post-school or summer activities. Entertainment may consist of a combination of a small live music stage, sports bar with large screen televisions, and interactive sports video gaming area. The addition of a soccer or other competitive sports field may be added to host corporate or league sponsored tournaments. The centers would be designed to be a social and community activities magnet for the locality. The initial geographic focus for the new strategic plan will be Virginia, North Carolina, Georgia, Florida and New Jersey.
With the Company’s new Chief Executive Officer, Alexander Jacobs, having extensive experience in developing and operating sports entertainment recreational centers for children, adults and families, and being tasked with developing a new business line for the Company, the strategic focus on sports-entertainment center industry is deemed by the Company as the most promising path to creating a new business line for the Company.
“The sports-entertainment industry is an expanding industry with promising opportunities for new ventures with the right concept and competent execution. We intend to develop a concept that can be rolled out on a regional or national basis. Our ability to develop and execute the new strategic plan will require adequate, timely, and affordable funding, possibly coupled with a strategic partnership or merger with another company capable of financially supporting our strategic initiative,” said Alexander Jacobs, the Company’s CEO. “The challenge for the Company in 2025 is to fund and then execute the new strategic plan.”
$CAPC positioning itself to bring in millions in revenue with a potential reverse merger! It has abandoned its previous business plan, CEO and BOD for a new beginning. Alex Jacobs, the new CEO, is assuming control. He has been extremely successful with the company he owns, Coppermine. Coppermine develops, builds and operates sports complexes and fitness centers. He intends to drastically grow his already 20 locations that he has now with plans to expand to 5 more states in 2025! This is bigger than most realize. Probably one of the Top 10 OTC stocks at a penny right now with a price of .01 and a Float of only 29 million. This stock has a solid history of being a legit, fully reporting company. It will be successful.
DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--Capstone Companies, Inc. (OTCQB: CAPC) (“Company”) announced today a new strategic focus to develop and operate in-person sports-entertainment recreational centers to provide social and health benefits to children, families and adults through sports, exercise, and social group activities.
Under the new strategic focus, the Company will seek to develop and operate facilities offering popular competitive sports, such as pickleball and padel, coupled with a food-drink and entertainment center suitable for social activities: birthday parties, corporate events, graduation celebrations and post-school or summer activities. Entertainment may consist of a combination of a small live music stage, sports bar with large screen televisions, and interactive sports video gaming area. The addition of a soccer or other competitive sports field may be added to host corporate or league sponsored tournaments. The centers would be designed to be a social and community activities magnet for the locality. The initial geographic focus for the new strategic plan will be Virginia, North Carolina, Georgia, Florida and New Jersey.
With the Company’s new Chief Executive Officer, Alexander Jacobs, having extensive experience in developing and operating sports entertainment recreational centers for children, adults and families, and being tasked with developing a new business line for the Company, the strategic focus on sports-entertainment center industry is deemed by the Company as the most promising path to creating a new business line for the Company.
“The sports-entertainment industry is an expanding industry with promising opportunities for new ventures with the right concept and competent execution. We intend to develop a concept that can be rolled out on a regional or national basis. Our ability to develop and execute the new strategic plan will require adequate, timely, and affordable funding, possibly coupled with a strategic partnership or merger with another company capable of financially supporting our strategic initiative,” said Alexander Jacobs, the Company’s CEO. “The challenge for the Company in 2025 is to fund and then execute the new strategic plan.”
DEERFIELD BEACH, Fla.--(BUSINESS WIRE)--Capstone Companies, Inc. (OTCQB: CAPC) (“Company”) announced today a new strategic focus to develop and operate in-person sports-entertainment recreational centers to provide social and health benefits to children, families and adults through sports, exercise, and social group activities.
“The challenge for the Company in 2025 is to fund and then execute the new strategic plan.”
Post this
Under the new strategic focus, the Company will seek to develop and operate facilities offering popular competitive sports, such as pickleball and padel, coupled with a food-drink and entertainment center suitable for social activities: birthday parties, corporate events, graduation celebrations and post-school or summer activities. Entertainment may consist of a combination of a small live music stage, sports bar with large screen televisions, and interactive sports video gaming area. The addition of a soccer or other competitive sports field may be added to host corporate or league sponsored tournaments. The centers would be designed to be a social and community activities magnet for the locality. The initial geographic focus for the new strategic plan will be Virginia, North Carolina, Georgia, Florida and New Jersey.
With the Company’s new Chief Executive Officer, Alexander Jacobs, having extensive experience in developing and operating sports entertainment recreational centers for children, adults and families, and being tasked with developing a new business line for the Company, the strategic focus on sports-entertainment center industry is deemed by the Company as the most promising path to creating a new business line for the Company.
“The sports-entertainment industry is an expanding industry with promising opportunities for new ventures with the right concept and competent execution. We intend to develop a concept that can be rolled out on a regional or national basis. Our ability to develop and execute the new strategic plan will require adequate, timely, and affordable funding, possibly coupled with a strategic partnership or merger with another company capable of financially supporting our strategic initiative,” said Alexander Jacobs, the Company’s CEO. “The challenge for the Company in 2025 is to fund and then execute the new strategic plan.”
The Company has not secured third party funding or entered into any agreement for a strategic partnership or merger as of the date of this press release. The Company is currently seeking additional directors for the Company’s Board of Directors and other personnel to assist in the efforts to secure funding and to implement the new strategic plan.
As previously announced, Coppermine Ventures, LLC (“CVEN”), which is owned and managed by Alexander Jacobs, provided $125,914 in working capital funding to the Company under an Unsecured Promissory Note in October 2024 and is obligated to provide $218,640 additional working capital funding to the Company under an October 31, 2024, Management Transition Agreement (“MTA”) through the first fiscal quarter of 2025. CVEN funded $50,018 of the MTA funding amount in late November 2024. Funding under the MTA is in return for right to nominate appointees for CEO position and two board seats, which appointments are subject to verification of nominees’ qualifications to serve in those positions by the Company’s Board of Directors and is not a loan or consideration for any equity interest in the Company. The financial commitments of CVEN do not extend beyond the funding stated in this paragraph. The Company is seeking, and will require, additional third-party funding for the new strategic plan and to cover essential corporate overhead funding for the remainder of 2025 in order to sustain the Company as a going concern.
The Company’s former business line of consumer products was closed in 2024 due to insufficient sales and the Company has no current revenue generating operations. Developing and pursuing a new business line will require adequate, timely and affordable third-party funding, which the Company may not be able to secure. Without revenues, the Company needs to develop a new business line with revenue generating operations to sustain the Company as a going concern. There is no assurance that the Company can secure third party funding, a strategic partnership or a merger, or otherwise implement the new strategic plan.
Jeffrey Postal and George Wolf resign so 2 new Board Members can be appointed who can help fund future business endeavors. Venture capitalists are the priority. My guess is they want people who can assist in the expansion of Coppermine!
Link to 8K
https://app.quotemedia.com/data/downloadFiling?webmasterId=102691&ref=318777223&type=PDF&symbol=CAPC&cdn=f475e29b9b12925f00bf5fc8b5b471b7&companyName=Capstone+Companies+Inc&formType=8-K&formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&dateFiled=2024-12-10
Here is the link to todays 8k announcing Alex Jacobs from Coppermine as the new CEO!!!
https://acrobat.adobe.com/id/urn:aaid:sc:VA6C2:1065d6a4-b20c-4b1a-ac95-8a5ba94c5c5c?comment_id=9ffa1b69-1d65-4486-8d1e-c1522c8cd3a5
Alexander Jacobs has been appointed CEO and director of Capstone Companies, Inc., bringing his expertise from Coppermine Ventures to develop new business lines through internal growth, mergers, or partnerships. Jacobs will also retain his role with Coppermine, while Stewart Wallach, former CEO, will support him as Chair to enhance business development and investor relations. This strategic move aims to secure Capstone’s future, though success in establishing new revenue streams remains uncertain.
Volume is slowly building with news on the horizon the next few weeks. I can't wait to see who is appointed to be the new CEO, President and Niard of Directors!
Everyone see this? Per the MTA in the most recent 8k, Coppermine has until November 30,2024 to announce new appointments for CEO, President and Board of Directors! Standby for huge news!
This is right out of the 8k
Alex Jacob's is the owner of the Coppermine company whose links I posted. You can google it. If this is correct, it's huge!
It is a sportstainment company named Coppermine out of Baltimore. It's all in the 8k. It appears Wallach was funding the company (almost $700k) with his own money while he put together this deal. He never gave up on investors. Here is a quick snapshot of the MTA in the 8 K:
1) Wallach would step down
2) Capstone would no longer produce their products
3) Coppermine will begin by funding operations through Q1 2025
4) Coppermine would appoint 2 new members to the Board of Directors
5) Coppermine would appoint a new CEO
6) Coppermine will appoint a new President
Www.goCoppermine.com
Www.copperunion.com
If this stock can get a bit a volume, it will explode. The new 8k just announced a Management Transition Agreement. Capstone is leaving retail and potentially being taken over by a well-established multi-million dollar company. With this news, new management and a low float...Wow. I think it's time to get on the CAPC train again!
Has any investor heard from Wallach at all in the last 6 months?
They are spotlighting the Smart Mirror on the Kelly Clarkson Show tomorrow