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Re: None

Thursday, 04/01/2021 7:10:53 AM

Thursday, April 01, 2021 7:10:53 AM

Post# of 81575
The decisive points for the successful future of CAPC.

Many of my demands from #Post78009
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161579848
have been implemented.

CAPC generated 25% of its turnover with international sales.

The dependency on retailers in the US was definitely too great with over 92% of total sales. Now we have internatinal sales of 25 %.
- The mirrors are made in Asia.
CAPC can send the mirrors directly from the factory to its customers in Asia. This FINALLY boosts international sales outside of the US to a reasonable level. In addition, the sales channels in Asia for delivery ex works are significantly shorter and more cost-effective.

- The increase in international sales to a rate of 25% is more than remarkable and trend-setting.
The outstanding thing for me personally is:
This high rate was achieved in a region in which the pandemic is being fought with significantly tougher, sharper and longer lockdown measures.

Other good points:
- The direct sales without intermediaries increase the profit margin.

- CAPC used the increased level of awareness to finally start selling its product range online.

- Asia created a very large free trade area with no tariffs last year.