Capstone Companies Inc (CAPC)

[sharpeie]

I finally got through CAPC's 2017 annual report. Some notes below

Outlook - while they provided no 2018 guidance on the call, I thought the sentence below and figures on purchase obligations promising.

"With the continued retail interest in our product offerings, the expansion of the LED Home category products under the Hoover® brand, and with the continued introduction of new products, the Company anticipates its sales volumes to continue to grow in fiscal years 2018-2019."

Purchase obligations (Company's commitments for goods and services in the normal course of business) of $2.7 million is slightly higher than what it was at the same time last year.

I also thought it was a positive sign that Stewart took a pay cut in 2017 (from $428k to $402k). Another sign that he's doing what's right for the company