Capstone Companies, Inc. (CAPC) Announces Execution of Binding Letter of Intent with eBliss Global, Inc.
https://www.reddit.com/r/CAPC/s/TPOzIBljZW

$CAPC’s Breakout Setup: Why a Definitive Agreement Could Trigger a Massive Repricing Event
Capstone Companies (OTCQB: CAPC) may be one definitive agreement away from a full-scale repricing event.The current setup surrounding CAPC resembles the exact type of low-float OTC structure that can produce explosive price action once a major catalyst hits the market. The unusually wide spread between the bid and ask suggests extremely limited liquidity and very few shares actively available for sale near current prices. In thinly traded microcaps, that type of imbalance can act like a compressed spring waiting for buyers to rush in.If a definitive merger agreement with eBliss Global is announced, the market reaction could be swift. With limited shares available, market makers may be forced to aggressively raise the ask to locate willing sellers as momentum traders and retail attention enter simultaneously. Unlike highly liquid large-cap stocks, low-float OTC names can move violently because there simply is not enough supply to absorb sudden demand.That dynamic becomes even more significant when considering CAPC’s estimated effective float of roughly 20 million shares. If a meaningful percentage of shares are already tightly held by long-term investors anticipating merger news, the true tradable float may be substantially smaller intraday. Add potential Rule 144 restrictions that could limit insider or newly issued shares for 6–12 months following merger completion, and the supply side becomes increasingly constrained right as demand could accelerate.Based on comparable low-float merger scenarios, an initial move into the $0.75–$1.25 range within days of a definitive agreement would not be unrealistic if aggressive momentum enters the stock. If follow-up press releases, investor communication, and expanding social media attention continue fueling visibility, CAPC could potentially test the $1.50–$3.00 range over the following weeks as the market begins pricing in future growth rather than simply the merger announcement itself.The longer-term upside may ultimately depend on execution. If eBliss successfully scales its U.S. assembly strategy, expands dealership distribution, and demonstrates meaningful revenue growth, bullish multi-year projections above $5 become increasingly plausible. At that point, investors may begin viewing CAPC not as a dormant shell company, but as a differentiated American e-mobility growth story with restricted float dynamics still amplifying volatility and upside potential.Disclaimer: This is for informational purposes only and not investment advice. Do your own research. Penny stocks involve substantial risk.

eBliss Global’s Multi-Brand Strategy Could Make It a Standout Player in the Electric Mobility Market
eBliss Global is positioning itself as far more than just another electric bike company. Through its growing portfolio of brands — including The Ride and ALWAYS Bikes — the company is building a vertically integrated electric mobility ecosystem designed to target multiple consumer demographics while leveraging shared technology, engineering, and manufacturing infrastructure.  At the center of the strategy is eBliss Global itself, the parent company focused on American-built electric mobility solutions. The company emphasizes U.S.-based assembly, advanced drivetrain technology, simplified maintenance, and scalable distribution channels aimed at reshaping how consumers think about short-distance transportation.  The Ride Bikes represents the premium performance and enthusiast side of the business. Designed with the involvement of legendary bicycle designer Tony Ellsworth, The Ride lineup focuses on high-end engineering, luxury styling, carbon frame technology, and rider comfort. The brand promotes features such as belt-drive systems, continuously variable transmissions, customizable rider geometry, and advanced electronic interfaces designed to reduce maintenance while improving the ownership experience.  ALWAYS Bikes, meanwhile, appears designed to scale the company into the mainstream market. While sharing much of the same engineering philosophy and technology foundation, ALWAYS targets commuters, casual riders, dealerships, and lifestyle consumers through simpler, more accessible models including folding bikes, commuter bikes, and fat tire bikes. The company has aggressively pursued automotive dealership partnerships, giving it access to non-traditional distribution channels that many competing e-bike companies lack.  This dual-brand strategy could become a major competitive advantage. Rather than relying on a single customer segment, eBliss is building multiple entry points into the rapidly expanding electric mobility market. Premium consumers may gravitate toward The Ride’s performance-oriented luxury products, while mass-market buyers and dealerships may prefer ALWAYS Bikes’ ease of ownership and affordability. Yet both brands can still benefit from shared supply chains, proprietary drivetrain technology, centralized manufacturing, and unified product development.  Perhaps most importantly for investors, eBliss is attempting to differentiate itself in an overcrowded e-bike sector through domestic assembly ambitions and dealership-based distribution. The company has publicly outlined plans for expanded U.S. assembly operations in New York while also targeting automotive dealer networks as future sales hubs.  If management successfully executes on manufacturing scale, dealer expansion, and brand adoption, eBliss Global could emerge as one of the more differentiated and vertically integrated players in the North American electric mobility market.

I would guess an LOI or Definitive Agreement officially announcing the merger and the terms of the merger will take place in the next 1-2 weeks.  Full merger completion, probably a few months following the announcement. 

Billy Edwards and Tony Ellsworth…The Quiet Secret That will Make the CAPC and eBliss Global Merger Successful 
https://www.reddit.com/r/CAPC/s/sJuFTSCeFm

Why Investors Should Be Excited About A Merger with $CAPC and eBliss Global Inc.

**Made in the USA**
eBliss Global is positioning itself as a differentiated player in the rapidly growing e-bike market by focusing on areas where many competitors are currently exposed—manufacturing, safety, product simplicity, and distribution. Rather than relying heavily on overseas production like most of the industry, eBliss is building around a U.S.-based assembly model. This approach not only reduces supply chain risk but also opens the door to government and municipal opportunities, faster servicing, and stronger brand positioning in a market that is increasingly valuing domestic production.
**UL Certification & Safety**
A major tailwind for eBliss is its emphasis on UL certification and safety. Battery-related incidents and regulatory scrutiny are becoming central issues across the e-bike space, and many companies are still catching up. eBliss is proactively aligning with higher safety standards, which positions it well for partnerships with retailers, insurers, and fleet operators that are beginning to require certified products. If regulatory pressure continues to build, companies that prioritized compliance early could gain a significant competitive advantage.
**Product Design & Scalibility**
The company’s product design also supports scalability from a financial standpoint. Traditional e-bikes can contain well over 1,000 components, creating complexity in manufacturing and maintenance. eBliss has focused on simplifying its design, significantly reducing the number of parts. This has meaningful implications—lower production costs, fewer failure points, and easier long-term servicing. For investors, this translates into the potential for stronger margins and more efficient scaling as production ramps.
**Distribution Strategy**
Perhaps the most compelling aspect of the eBliss model is its distribution strategy. Instead of relying solely on direct-to-consumer channels or specialty bike shops, the company is leveraging automotive and RV dealership networks. These channels already have built-in traffic, financing infrastructure, and multi-location scalability, allowing eBliss to expand more rapidly without the need to build out its own retail footprint. This approach could accelerate adoption while keeping overhead lower than competitors that must invest heavily in retail expansion.
**Management Team**
For investors evaluating $CAPC, the most compelling part of a potential CAPC–eBliss transaction may be the leadership combination of **Stewart Wallach** and **William “Bill” Klehm**. Wallach brings decades of experience running Capstone Companies as a public company, with strengths in consumer product development, manufacturing, retail distribution, and disciplined corporate governance. Klehm brings a forward-looking growth vision built around electric mobility, sustainable transportation, and scaling innovative products for a rapidly expanding market. Together, they offer the kind of complementary leadership investors look for in transformative small-cap opportunities: Wallach provides operational stability and public-market experience, while Klehm contributes entrepreneurial energy and exposure to the booming e-bike and micro-mobility sector. If paired successfully, this team could reposition CAPC from a legacy consumer-products story into a higher-growth mobility platform, combining execution discipline with disruptive market potential.
**Conclusion**
Taken together, eBliss is not simply entering the e-bike market—it is approaching it with a structure designed for long-term growth. By combining domestic production, regulatory alignment, simplified product design, and an unconventional but scalable distribution model, the company is positioning itself to capitalize on both industry growth and evolving market demands. If execution matches strategy, this is the type of business model that can transition from early-stage growth to a much larger, more scalable operation.

$CAPC When the CEO of eBliss Global likes the post and then comments, “Amazing Partnership”…you know their Definitive Agreement announcement with CAPC is imminent!!!

eBliss isn’t trying to win the current e-bike market—it’s trying to position itself for what the market becomes after regulation, safety enforcement, and consolidation.

Ironically, you didn’t read today’s filing.  This is a standard OTC Markets compliance filing that certifies the accuracy of the company’s information on the platform, confirms it is not a shell company, is in good standing with its reporting obligations, and provides basic details on officers, directors, and share ownership. 
https://www.otcmarkets.com/file/company/financial-report/549323/content

$FLYE 📉 Revenue collapsing⚠️ Nasdaq compliance issues🔥 Safety concerns💸 UnprofitableMeanwhile $CAPC: early-stage, low float, scaling U.S. manufacturing, dealer model expanding.I’ll take growth and; upside over broken fundamentals all day.

Based on this “X” post from Bill Klehm, the CEO of eBliss Global Inc., it appears the merger announcement with $CAPC is imminent!

I think people are underestimating the setup here. The float should stay extremely tight—around ~20M shares—for at least 6–12 months due to Rule 144 restrictions. That kind of supply constraint can move this fast if real demand shows up.
At the same time, if CAPC retains roughly 20–25% ownership post-merger, that helps limit dilution and keeps existing shareholders meaningfully tied to the upside.

And the big piece—revenue isn’t static here. It’s already projected to scale aggressively, especially with the Utica manufacturing facility coming online, which gives them the capacity to expand production and distribution quickly.  This, along with the distribution model and stellar management, is set up to be a very strong company and investment for investors.

eBliss Global: A Bright Spot in the Ebike Industry’s Shakeout 

A particularly exciting development for eBliss Global is its ongoing exploratory discussions with Capstone Companies, Inc. ($CAPC), which could culminate in a reverse merger—positioning eBliss to access public markets, enhanced liquidity, and accelerated growth capital to scale its innovative, U.S.-assembled ebike operations even faster. This strategic alignment, highlighted by a recent $250,000 working capital loan and exclusivity period, signals strong mutual interest and could unlock significant value as eBliss transitions from private startup to a publicly traded leader in sustainable mobility.
In a turbulent time for the ebike sector, where many companies have faltered under post-pandemic demand drops, tariffs, safety concerns, and financial pressures, eBliss Global stands out as a forward-thinking contender poised for success. While prominent players like Rad Power Bikes (which filed for Chapter 11 bankruptcy in late 2025 amid recalls, lawsuits, and debt before being acquired) and others have faced steep declines or closures, eBliss is advancing with strategic moves that address the very challenges hurting its competitors.
The company is ramping up U.S.-based manufacturing at a new 3+ acre facility in Utica, New York, backed by a $4.1 million+ investment and state incentives (including up to $500,000 in Excelsior Jobs Program tax credits). This setup targets an initial capacity of 15,000 units annually (with scalability to 100,000+), creating at least 40 jobs in assembly, quality control, and logistics. USA-assembled eBikes under The Ride brand—featuring four riding styles priced $2,200–$2,800—are set to begin shipping in April 2026. Starting with “Built in the USA with Global Parts” labeling, eBliss plans progressive localization: adding U.S.-made wheels by early 2026 and four to six more domestic components through running changes. This approach shields the brand from escalating import tariffs that have raised costs for overseas-dependent rivals and aligns with growing demand for “Made in USA” products amid safety and supply chain scrutiny.
eBliss’s dealer-centric model further sets it apart. Unlike direct-to-consumer brands that struggled with service gaps and inventory issues, eBliss partners exclusively with independent bicycle dealers (IBDs). It offers curated high-quality lines, robust support programs, and a dedicated sales team led by industry veteran Tom Roth (added to leadership in March 2026 as dealer advocate). This fosters stronger retail relationships, in-person expertise, and trust—especially valuable post-lithium battery fire incidents that damaged consumer confidence and sales for non-compliant or low-quality imports.
Led by seasoned innovators (including creators of the NuVinci Continuously Variable Planetary Transmission), eBliss emphasizes safety, affordability, performance, and sustainability under its “Fun Great Ride” mission. The focus on compliant, reliable designs positions it well in a maturing market where regulations (e.g., UL certifications, local laws) favor safer, domestic options.
Recent developments underscore momentum: positive press on reshoring, dealer programs, and exploratory strategic talks (including the March 2026 working capital loan to Capstone Companies with a no-shop period for potential merger discussions). While still early-stage, eBliss is building a resilient foundation in an industry consolidating toward stronger survivors.
As the ebike market evolves—projected for steady long-term growth driven by urban mobility and sustainability—eBliss’s U.S. production edge, dealer partnerships, and quality focus give it a clear path to thrive where others have stumbled. The future looks promising for this American-built innovator.

Getting the share price up is a strategy to give you more ownership post-merger.  The higher the share price, the larger percentage CAPC keeps in ownership post-merger. The share share price than dictates if a RS is necessary and if it is what it will be.  Knowing Rule 144 will lock up the share structure for 6-12 months post-merger means the float will remain around 20 million shares during that time.  With such a low float, the share price can organically hit $3-$5 without a RS.  They just need to get some momentum and excitement among investors. Nothing is guaranteed, but the more you learn about eBliss, their management, their technology, their distribution, their  product, etc…the more you see what I’m saying to s easily attainable.

I think even you can see eBliss is a great opportunity.  If the definitive agreement announcing the official merger comes out soon…this thing will really take off.  This is a much better investment than Coppermine and will require a lot less capital and dilution.  eBliss may have one of the best management teams on record for a an OTC at this price.  Additionally, they can scale.  Meaning they will probably have close to 30% profit margins and $100 million in revenue in as soon as 3 years.  Their ebike technology is unparalleled and they are reinventing sales and distribution.  This is a winner for everyone and will be a $3-$5 Nasdaq stock!  You can try to resist and hate, but now is time to average down, buy in and enjoy the ride!

Building the future of e-bikes right here in the U.S. 📷📷️In this episode, we dive into our mission, domestic production, and how we’re supporting retailers nationwide.
Listen here:

Building the future of e-bikes right here in the U.S. 📷📷️
In this episode, we dive into our mission, domestic production, and how we’re supporting retailers nationwide.

Listen here: https://t.co/8NWevhq3e1

— eblissbikesglobal (@eblissglobal_) March 17, 2026

Distributed by EIN PresswireDealer-focused initiative strengthens eBliss commitment to independent bike retailersAUSTIN, TX, UNITED STATES, March 16, 2026 /https://www.einpresswire.com// — http://ebliss.global/ has announced that longtime industry leader and dealer advocate Tom Roth has joined the company to lead its bicycle dealer-focused growth strategy.Roth has already played a key role in helping eBliss develop what the company believes is one of the most expansive dealer support programs in the market, designed to restore margins, support local shops, and strengthen community-based cycling businesses.“I’m excited to help lead our bicycle retailer initiatives,” said Roth. “ It is absolutely shameful to see how some dealers are being treated today. I want dealers to know that when they partner with eBliss Global, they’re partnering with a company that is going to have their back.” Roth brings more than 40 years of experience in the bicycle industry, beginning his career as a young mechanic and later serving as president of a bicycle company. He also remains closely connected to retail through his family-owned Independent Bicycle Dealer (IBD) and rental business in Cape May, New Jersey. Throughout his career, Roth has built deep relationships with bike shops across the United States and is widely respected for his passion and commitment to supporting local dealers.At eBliss Global, Roth will lead the company’s 18-person sales team and help deliver its Dealer Curated programs along with the company’s new line of Ride Bikes eBikes.eBliss Global’s dealer programs are built around community, support, and sustainable profitability for local bike shops. The company emphasizes strong realized margins, product support, and practical retail tools designed to help independent dealers thrive. Most importantly, the company is committed to strengthening the local cycling ecosystem by driving business to independent bike shops and building programs that put dealers and communities first.Beginning in April, eBliss Global will start delivering USA-assembled ebikes in four riding styles, with retail prices ranging from $2,200 to $2,800 USD. The company’s mission is rooted in its Ride Promise—to deliver innovative, affordable ebikes designed around joy, transportation, health, and purpose. eBliss believes that every ride should be FGR: a Fun, Great Ride.

Great insight on what we are getting with eBliss Global!
Revolutionizing E-Bikes and Navigating the EV Landscape: Insights from eBliss CEO Bill Klehm

$CAPC eBliss Global has new “X” page to coincide with their plans to merge with CAPC.  Please follow for information and updates
https://x.com/eblissglobal_?s=21&t=fJ_uVpdXg1DHp3UeS2ZAgg

Yeah, the PR wasn’t widely seen and it didn’t officially announce a definitive agreement though we all know that’s happening.  I think we need to see an increase in communication from eBliss Global.  CAPC is limited due to SEC regulations, eBliss is not.  I believe we’ll start to see them increase their social media presence and if they do and they begin engaging with investors, we will see some huge movements.  Right now investors are just learning, digesting the news and trying to find out who eBliss is.  Personally, I think they are a much better candidate than Coppermine.  Less overhead, less expansion costs and 2-3 times the profit margins!

$CAPC 🚀 GET READY…these executives will unlock massive upside with the $CAPC and eBliss Global Inc. merger. Here is quick snapshot of what we’d be getting with EBliss’ management team!
Elite leadership starts with Chairman/CEO Bill Klehm: Ex-Ford exec who turbocharged customer service to $1B+ in 3 yrs, grew Visteon Climate Control from $80M to $280M during Ford’s IPO spin-off. Inventor of NuVinci transmission—game-changer in biking tech!
President/COO Billy Edwards: Vanderbilt Ph.D. in Materials Sci/Eng.. 10 yrs at BCG driving global strategies in tech/med/industrial. Turned around Motorola’s $8B semiconductor. As AMD Chief Strategy Officer, led 64-bit computing revolution, key acquisitions (ATI), spin-offs (GlobalFoundries). Now executing eBliss’s visionary launch!
President Dave Boyle: 30+ yrs auto vet, ex-pro race car driver (8 yrs). Built top suppliers like Newgen, MPI/SRS (Pres/COO), CEO of TraXtion. Decades mastering dealership networks—perfect for eBliss’s dealer expansion!

BREAKING!!!! Looks like $CAPC will ultimately be doing a reverse merger with eBliss Global, Inc.  Just secured $250,000 in funding in exchange for a 90 day “No Shop” provision.  This enables them time to compete the administrative side of the RM. This is huge.  Based on growth, this offerers much more return for investors than Coppermine did.https://www.businesswire.com/news/home/20260305095720/en/Capstone-Companies-Inc.-obtains-Working-Capital-Loan-for-%24250000-under-Unsecured-Promissory-Note?utm_campaign=shareaholic&utm_medium=email_this&utm_source=email

You guys have to look at recent activity and get excited.  It truly seems like something is percolating below the surf and getting ready to  explode!

$CAPC Proof the Reverse Merger w/ Coppermine is close.  8K filed that shows CAPC  entered into an Unsecured Promissory Note (“New Note”) evidencing a working capital loan with Coppermine.  Essentially, Coppermine has agreed to pay an additional $73,000 for operations this Q1.  My guess is they are still completing audits of Coppermine Ventures and/or finalizing negotiations.  Additionally, the attorney on the agreement is Paul Richter, a very respected Securities, Mergers Acquisitions Attorney!  This RM is happening.  I would say .05 is a phenomenal entry point.  This traded at over $3 prior to this and Coppermine brings in much greater revenue and much better business model.  Upon RM announcement, this has the ability to shoot to $3+ alone based on the fact only approximately 20 million shares are available to trade! This is great news!  This should ease a lot of worries out there!

You’re focusing on worst-case outcomes. This process takes time and there are no guarantees, but there is one person actively negotiating a potential reverse merger—and he can only move as fast as the other party allows. Audits, negotiations, and filings don’t happen overnight.


The share structure and financials are about as clean as you’ll find for a shell. Stewart Wallach has significant personal capital and reputation invested here, and he has every incentive to see this through. If you’re not invested and don’t believe in the outcome, it’s unclear why so much energy is spent rooting against it.

Taken together, the B-1 stock lock-up and the single hard debt maturity on Dec 31, 2025 look less like routine housekeeping and more like intentional transaction scaffolding. Creditors accepted restricted equity they cannot sell or convert, while the company froze dilution and tied early unlocks explicitly to a board-approved merger or business combination. That’s exactly how companies keep the cap table stable while negotiating a reverse merger—no surprise conversions, no market overhang, no last-minute dilution risk for an incoming private company.


The timing is also telling. The lock-up effectively runs until days before the debt matures, creating a clean, forced decision window: either a transaction resolves the debt through exchange or cancellation, or the company faces repayment pressure. Reverse mergers commonly align equity restrictions, debt maturity, and management transition timelines so everything gets resolved inside the deal, not through open-market selling or extensions. This structure removes uncertainty for an acquirer and simplifies diligence.


None of this guarantees a reverse merger announcement, but it materially raises the odds versus a typical OTC setup. Frozen equity, transaction-specific carve-outs, creditor alignment, and a fixed maturity deadline are classic signs of a company positioning itself for a corporate event, not one planning to muddle through on operations alone.

Based on Wallach's history, this is great news.  1) He only gives updates when there is concrete news to give, almost always positive 2) If there is no news or it's bad news, he doesn't tend to release new statements.  Almost always exclusively done in 10Q's. 3) At the same time of this announcement, he took down everything on their website.  This is something a company does prior to changing the business direction of the company.  Website will go back up with release of a definitive agreement announcing the reverse merger.

$CAPC THIS MEANS NEWS IS COMING!!! SILENT PERIOD IS COMING TO A CLOSE!!!Capstone Companies , Inc. announced its intention to use the social media platform ‘X’ (formerly Twitter) for sharing material information with investors and the marketplace. This move reflects the company’s strategy to enhance communication and transparency with stakeholders, although not all information shared will be considered material.
Go to X@CAPC_CapstoneClick on the Bell in the upper right corner to ensure you get their alerts

That was a post-RM valuation.  Agreed. No shell is worth that.  I also believe we will see some dilution, but most will come later based on capital needs .  We have to see the equity stake and how they prefer to raise capital.  They'd be smart to take on some debt and attempt to keep dilution reasonable.  I would assume that any company conducting a RM would be smart to offer a buyout of the the preferred shares to avoid giving up too much equity as well.  There are still lots of facts and numbers to come out.  Even if you take a worst case scenario.  A RM will lead to sizable increase in share price for shareholders.  Even a reasonable price of .50 this year would be 500% increase over today's price.  In the end, you are correct...a reverse merger needs to materialize. 

FACTS:
- Reverse Merger Announcement Imminent
- NO DEBT
- Form 4’s Filed
- Fully Audited and Reporting
- ONLY 50 Million Outstanding Shares. 25 Million Held by Insiders That Have NEVER Sold a Share!  
- Great Management
- Company was previously $3.00+  
on much less projected revenue

Quick Glance at potential PPS assuming:

27 P/E Ratio
Revenue Projection - $50 Million
Profit Margin Protection - 15%
50 million Outstanding Shares = EPS .15
PRICE PER SHARE = $4.05

Potential Dilution for Capital:
100 million Outstanding Shares = EPS .12
PPS = $3.24
150 million Outstanding Shares = EPS .09
PPS = $2.43

I don't believe insiders are buying.  They are sitting on millions of shares.  I do think we finally get news in the next couple of weeks.  This is purely buying in anticipation.  As more and more people buy and hold, those 25 shares million available to retail investors gets smaller and smaller.  This will allow even bigger movements in PPS as less shares will be available.  I think the real money play is buy and hold.  This will be in the dollars and this will be a Nasdaq stock!

Prediction: They buyout CAPC in 3 years

Prediction: They buyout CAPC in 3 years

3 Separate Form 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP filed on Friday!  News of reverse merger must be IMMINENT! You do this when you expect the share price to rise.  Get Ready!!!!

I think we all have our fingers crossed. I hope the announcement comes sooner than later.  Investing $500,000, renewing your commitment and financial pledge after you already financed the company and appointing a new Board of Directors are all solid reasons to remain optimistic!

Quiet PeriodWhy there’s a quiet period before reverse mergerTypical practice

1) How is a reverse merger risky?  Saves a company thousands of dollars and time over going the ipo route.

Quiet Period


1. Before the Announcement
Why there’s a quiet period

Typical practice

I would expect an announcement regarding the reverse merger in the upcoming weeks.  Remember there is a quiet period before it's announced as they are restricted from saying anything prevalent publicly per SEC regulations.   I don't think we hear anything till September.  They extended funding through the 3rd quarter because they needed the time to complete all the audits.  It's a lot of work.

From The New York Times:

Quote of the Day: Youth Sports Industry Captures the Attention of Wall Street Investors

Quotation of the Day for Thursday, July 10, 2025.

https://www.nytimes.com/2025/07/10/pageoneplus/quote-of-the-day-youth-sports-industry-captures-the-attention-of-wall-street-investors.html?smid=em-share