Capstone Companies Inc (CAPC)

[flptrnkng]

Our Hong Kong office staff have transitioned to work remotely on a permanent basis.

Closing of the Hong Kong Office permanently. Not because of Covid, judging from Hong Kong's low infection/death rate, by the numbers. Closing it for cost savings (never a bad thing, if you're financially challenged).

I think they're using the Covid smoke screen to distract from another product blunder (ala STP tools and Secret Diary/Foam Pillows).

Smart Mirror (or whatever they're calling it) is the latest blunder. Expect quarter after quarter of dismal results.

Pre-reverse split low on the stock: .0025, or post split .0375

I'd look for that if I'm right about Smart Mirror being another STP Tools dud.

Edit: Broward County Florida has 5 times the number of cases and 50 times the death rate of Hong Kong.

Edit 2: Hong Kong has 3.8 times the population of Broward County