Capstone Companies Inc (CAPC)

[flptrnkng]

There were 5 PIPE investors, including one individual.

They invested back in April with the belief that their money would go to initial product build for the Amazon program. It was expected to begin in April.

6 months later, Amazon is no where to be seen, and CAPC still doesn't have FCC certification (Real Soon Now, though, Right?).

Why wouldn't a PIPE holder get their legends removed? Once they do that, they have 90 days to sell the stock (or cover the short hedge they obviously entered).

CAPC hasn't enabled the Transfer Agent to update OTCMarkets since 9/1/2021.

When we get a Restricted/Unrestricted update, maybe things will be cleared up.