Capstone Companies Inc (CAPC)

[greasemonkeyshoes]

Here we go again....
Capstone brand sales:
2018(1Q) $314k
2017(1Q) $1291K
Drop of 75%
Licensed brand sales:
2018(1Q) $3745k
2017(1Q) $5460k
Drop of 31%

The house brand sale collapsed and the "no-meat-on-the-bone" licensed brand is carry the weight.Not good,the business model is flawed: the life cycle of their product has been shorten by at least 50% of their expected shelflife.It needs to double up their new line fast and just to stay even at best.

MC of $21.1 million would likely be challenged SOON.Ouuccch.