Capstone Companies Inc (CAPC)

[Salve Lucrum]

Good Points Flp

As I recall, Involve was also supposed to get a couple of board seats out of the deal. Of course Capstone hands out rights to directorship like Mardi Geas beads, perhaps not as pretty but apparently equally worthless.

Along those lines I liked your comment:

Insiders get the double benefit of being paid to oversee this money machine.

Yeah, it must be nice to sit on a board and grant yourself "sweetheart" interest rates on nicely secured loans. Hell, I'd be willing to throe in a some considerable money at 8% on a short term, secured loan, wouldn't you!

Anybody out there getting 8% on fixed income paper of any kind?

That Board of Directors is not only so dysfunctional that it absolutely blocks Capstone from moving up to the big boards, it smells funny too!