Capstone Companies Inc (CAPC)

[flptrnkng]

Capstone put out a press release at 4:15AM EDT, announcing 2Q results.

It was supposed to be released after 4:00PM EDT (after today's trading session).

At some point, they removed the text of the release, then removed the whole press release from the 'news'.

I saw the press release and skimmed through it. I have material non-public information (well, it was public for a while early this morning).

After 4PM, everyone will have access to the same information.

What we have here is a Reg. FD problem. Capstone should have put out an 8-K with the results, and the reason why they needed to do that (early disclosure to a subset of the market).

CHDT did this before, as I recall ... or maybe it was CHDO. Ahh, good times!