Capstone Companies Inc (CAPC)

[greasemonkeyshoes]

Best case scenario..............
"my guess is 2500 pc or 1 million,due to balance sheet constraint.
at 2500 pc per q:
gross 2500 pc x 200 =0.5 million
expense @30% or 0.45 million
or breaking even at best. "
and now overshadowed by
"Although the final production and assembly takes place in Thailand, our supply chain in China has been disrupted."
(3) Likely outcome:
2500 units per q at max.(break even)
1500 unit per q(lose $)
500 unit per q(call it quits)
or
I am still comfortable to have written-off the smart mirrors segment,valuation wise.
Legacy segment:
I may have underestimated the supply chain disruption by a factor of 10,and my 8-12c valuation likely be too positive.
Buy target:
6-10c,not 8-12c.Ouuuchhhhhhhh.
Yes,I am bearish and more bearish now than ever.Not good.

ps-stay away,this dog w/flee is dead in water and likely be cheaper in q3/q4.