Capstone Companies Inc (CAPC)

[greasemonkeyshoes]

most probable sale of 5-10 smart mirrors a day,assumed the legacy line had about 1/3 of the revenue.......
with revenue dropped down to 80%,applied either to mirror or led,or a combination of both,the company is likely to lose $1.0 million this q,death knell of capc.

unless it cuts sg&a by 50% asap,the insolvency would be knocking on its door around the month of september.

bottomline:
both product lines are in precarious trouble,cash and time are running out,and the management is still in denial.how about the long??get out now and we buy it back at half the price around 3c-4c,all within 3-6 months time.

why 3c-4c?
company would be broke,shutting down the mirror by default,cutting 50%+ of its employees to conserve cash,and being a copy is the only viable option left;or only intrinsic value left is in the relationship it has with the big box stores,nothing more and nothing less.