Capstone Companies Inc (CAPC)

[Uranium]

From the $CAPC Conference Call Transcript:

They got "Channel Expansion" from Wilmington. Also "No Uplisting" at the moment was clearly stated. Go straight to NASDAQ when ready

Second question: assuming that you are coming to the end of your relationship with Wilmington, can you share what you have learned going through the process?


Answer from Stewart Wallach:

That's a good question and one that I anticipated. Very simply, there was a great deal learned from working with Wilmington. My goal in engaging Wilmington, the investment banker, was to get an objective perspective on the ways to increase Shareholder value. Meetings were held on our behalf and discussions took place regarding mergers, acquisitions, opportunities, etc. Through this process, I particularly learned areas of our Company that needed to be strengthened from outside perspectives and channel expansion was one key area to focus on.


As we have been in development of the new product category for the past year, this was basically a validation of our insight and we feel confident that the channel expansion will be successfully addressed in 2018, furthering the value of Capstone Companies.



....Next question: are you considering and up-listing? How will you address the need for an additional Board member?

Answer from Stewart Wallach:

Well, I think we discussed this early in the year. We were considering up-listing to OTCQX after having up-listed last August OTCQB. However, we have put that on hold at the moment. As with the launch of a new product category, the revenues may afford us an opportunity to up-list to NASDAQ. That would be attractive for a number of reasons, but I want to emphasize that at this point, there is no specific plan in place, but clearly, as the Company continues to grow, up-listing will remain a priority for the Board.