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The savings is appropriated for the cost of shipping. So as sales pick up, the cost will be offset on the balance sheet from the difference. No, not Aimee. I actually spoke to Wallach weeks ago.
This info was per the company and verified
The shipping was paid for by restructuring their Amazon deal. By changing their listing from Home goods to electronics, the margins owed to Amazon were cut in half. That was a major reason it was missing for so long. The company then appropriated that savings to pay for all the shipping.
These companies didn’t completely pullout. They pulled out of their presentations and keynote speeches. Smaller teams are still going to be present to evaluate the products at CES.
I don’t think this will be a big hit to CES. These companies will still send smaller groups of representatives to evaluate new products. Exhibitors still plan on being there in large numbers too. All this does is cancel some keynote speakers and presentations and that doesn’t affect exhibitors like Capstone. As long as buyers, retailers and exhibitors are still there, it will be a success. CES was virtual last year and they will NOT do that again this year.
I wouldn’t say they you are wrong. Capstone executed perfectly until they took on those private equity investors for $1.4 million. Look at the damage one mistake made. They should’ve taken on debt instead.
I agree with much of what you said, but most investors like LittleBanc are taking profits now as the future capital gains taxes are still questionable under Biden. I think this has perpetuated some of the selling overall in the market. Hopefully, I’m right and we see an up stick in buying in January as investors already secured their profits with the current tax law for 2021.
Everyone…the sales are definitely coming from that private equity investment. They are selling 2.5 million shares with low daily volume. They started in October so hopefully they’ll be complete sometime this month. Then you’ll see a huge reversal.
Salve they are not shooting themselves in the foot. Capital groups that invest in private equity are NOT retail investors and they do not hold and sell based on news or potential news. They invest, sell at a profit and re-invest in other ventures. Those investors using LittleBanc are making good profits and they will always sell as long as the conversation price is above their note price. It’s a business. They don’t hold long. Don’t try to compare them to retail investors as that’s not the business they are in. It’s this reason that many of them have earned the title as toxic debt holders. They are extremely toxic and convert with no concern for the share price or damage they are incurring as they are still walking away with their profits. They don’t care about you, the company, the share price potential or the future.
Most of the sells are probably LittleBanc. He is correct. They are killing the stock price. We need bigger volume to wipe them out. Once they are gone, the share price will reverse but they’ve already done so much damage it’s sad
Also remember that the company, Mirror, that Lulu Lemon purchased for $500 million was on track to make $100 million in revenue pre-acquisition for their mirror which was exercise only. It did have some creative content and a successful subscription model, but the buyout possibilities of Capstone’s Smart Mirror far exceed the capabilities of Mirror as it is way more diverse in application and accessible for both retail and commercial use. I’m solely invested for the buyout potential here
I think it’s a mixture of investors and consumers. I don’t read too much into it because it’s difficult to predict how interest actually translates to sales. Remember that most smart products start off a little slow until consumers can see the reviews and the reliability. Once that is accomplished and the product is validated, the device will gain traction and sales will skyrocket. CES will be a big part of this process
Wallach has started and sold companies at a very healthy profit in the past. Once sales substantiate the product, Capstone will be purchased and shareholders will be walking away with a lot more than you think. A buyout of a company with no debt, an absurdly low float and a product that that holds patents/licenses in the competitive field of smart electronic devices…priceless!
Yeah, I’m with you and I will remain as a long. With this share structure as low as it is, revenues just need to be average to see significant share price increases. Thats the upside to all this. I think we all know that Wallach’s long game is to have the company bought out by another company. I think that’s a very reasonable expectation too.
You are somewhat correct, but you missed my point. Either way high volume with low float will still lead to what I described. Shorts have been able to take advantage of the delays and low volume for the last few months. That will end if volume increases consistently
I don’t think that’s the case at all. The product is solid and CES will confirm it. Good thing about stocks with low floats is they deter day traders because of that lack of liquidity. This is a Catch-22. A company like this WILL reward longs, but the question is when? Low volume scares away flippers and erratic share price manipulation. Which is a great thing, but it also makes it more difficult to lure new investors who want more flexibility in liquidating their position, if needed. On the flip side, when increased consistent volume does occur, the share price quickly jumps drastically and shorts easily get squeezed rewarding longs with huge profits in a short timeframe.
They need volume to gobble up those Littlebanc shares and to force a short squeeze. This company has everything except volume which is the final piece of the puzzle. Question becomes how do they attract the needed volume to launch this thing. It truly is the only element needed and it’s nowhere to be found. The metrics, the product and the consumer viability are all aligned. Volume is the match that will ignite this thing!
Who is Littlebanc? How many shares do they have?
Did you tell your son it serves the EXACT same function as his displays but will most likely be used on a smaller, more personalized scale (ie hotels, bathrooms, clubs, personal fitness mirrors, etc)
From Twitter…I agree
My advice to investors is continue to build your war chest with evidence, but let WeShield and Optec handle this. We know Optec has no case. You don’t want the SEC getting involved at this point in time as you risk getting the stock “delisted” and then everyone loses. Be patient, but continue your due diligence for possible future use!
CAPC is going to explode soon! This will go up 400% - 800% very quickly with the float, news and short squeeze!
Yeah do you have the lInk?
What are the odds that their certification gets denied? How often does that occur?
I’m adding…adding…adding. Been successfully investing in OTC for 20+ years and I’ve never come across a better company that has this low of a share structure, amazing fundamentals and a guaranteed product that has no competitors. So oversold! GTLA! This will bring in huge revenues and they will uplist to the Nasdaq!
They are fully stocked. The inventory in warehouses are not all for that deal. Most is stuff for other wholesale purchases by other vendors m. This is a great thing because it shows you how much business they are doing while they are still putting together the $2 billion deal on the side! Revenue is pouring in
Yes. That’s exactly why getting $2 Billion worth right now is difficult. The demand is high. Just google supply chain delays at the ports and you’ll understand why there is a delay. It’s affecting distribution of all types everywhere. It’s a very public and widespread issue. Don’t take my word...google it.
Yes...and then the second surge hit and the Feds intervened and a then a huge supply chain delay has been in effect at the ports since. Everything was good to go before then. As indicated in the PR you referred to. The logistics and everything is still in place...simply waiting for all the goods to be available.
Companies do those deals all the time. Just think of all the private vendors that make parts for the iPhone. They all sign NDA’s as to keep info on their products quiet till they launch. Not saying it’s an identical situation, but it’s a very normal occurrence and should be treated as such.
I just explained why completion of the deal was delayed and that it is and always has been an open contract with no hard deadline. They can’t announce who the contract is with because it’s part of the contract that you can’t until deal is complete. Very common to do this. Especially, for companies that have anxious shareholders who will be calling and stopping by their place of business possibly jeopardizing future business dealings. These patent is pending! They have gross profits. Just in the last 2 quarters they jumped from approximately $1.5 million in gross profits to $7.5 million in gross profits which by itself is insane for a single quarter for any OTC company! Be patient! Don’t expect much from the conference call. It’s an update and not a PR announcement!
Pawson has NEVER kicked the $2 Billion deal down the road. Since the beginning, it has been an “open” contract with an escrow account and NO deadline. When the deal gets completed...no matter when...they will receive the full $100 million. Now, he did hope to complete the deal at an earlier date, but this was addressed. The country’s 2nd surge of COVID in December/January led to the Feds scooping up all available PPE and since then, inventory to restore this PPE has been coming back into the country slowly due to huge delays at all of our ports. As the supplies come in, OPTI continues to fill the order. Whether it gets filled tomorrow or September...it will get filled, it will payout the entire $100 million and the share buyback will follow!
The authorized shares are unlimited according to their most recent filings.
Why do you say that? There is no revenue or deals to indicate that type of share price. At this point, a ticker change will probably only get a small bump
$OPTI does UV-C! Their patent is UV-C as well so I’m not sure what you are talking about.
The patent $OPTI has deals with the integration of UV-C and Far UV-C LED technology as an application which could be integrated into cellphones and tablets, similar to the “flashlight” app commonly used in most cellphones and tablets., but to safely enable germicidal sterilization and disinfecting using mobile devices
I think $58 is very reasonable
$PZOO shareholders need to be aware of this...Those holding otc stop signs (PZOO) be sure to liquidate most of them with the new SEC rules many that are running on no material news will get slapped with a CE (Caveat Emptor) and Etrade SCHWAB and TD will only allow for liquidations. If no one can buy who do you sell to?
????
He didn’t resign. He let go because he was letting restricted shares be converted when they weren’t supposed to. Company replaced him.
Pawson has not sold a single share! Those shares were from longtime investors. The company and ceo are NOT diluting the share count!
I’m just not seeing it. Why does everyone think this will run? It has a large O/S count, no real pipeline of drugs on the verge of hitting the market, they aren’t current, and though they have lots of board members...we all know they really don’t contribute anything except using their names for PR’s in exchange for advisory shares. I’m not hating, just looking for good reasons to invest.