Capstone Companies Inc (CAPC)

[greasemonkeyshoes]

How to save capc from the abyss from a smart cookie........
from mdimport:
- immediately stop production of the smart mirror
- layoff everyone, except the manager, and reduce salary to slow cash burn
- sale of the smart mirror manufacturing rights + any inventory
- get royalties on the sale of smart mirrors from the buyer of the manufacturing rights
- end all production in China
- develop a new US based product line

hard data point:
sg&a only dropped $50k(q2 vs q1),excluding a $200k impairment in q2.The "smart mirror" dream is still whole.OMG.

latest:
2 q have gone by,no action.At current burn rate.,2-3q are left before bk.Again,the inaction of the management is uncalled for,and this behavior is totally self-inflicted,at the shareholders expense.ouccchhhh.