Capstone Companies Inc (CAPC)

[flptrnkng]

I think you'll find those shorts are the April PIPE investors.

Who wouldn't hedge their 60 cent shares at $2 and $1.60 and $1.40 and $1.20?

It's the smart move, given the 6 month delay (when they invested in April, the word was 'Mirrors shipping by end of April').

Here we are in October, and still no shipments. The best outlook we have now is 'mirrors will ship in Q4'.

Any mirrors that ship for revenue this quarter will likely have to be by Air. The boat won't make it in time.

Let's hear that rallying cry, '2022 will be Our Time to Shine! (like a mirror)'

The only desperation I see on the message boards is a bunch of stock promoters, trying to keep the share price elevated beyond all reasonable fundamental values.

The PIPE holders should thank the promoters for this opportunity to make mad cash.

PIPE shares are eligible to have their legends removed to become freely tradeable (since Oct. 5th). Watch for it.

Edit: I see the company has stopped mentioning Amazon.