Capstone Companies Inc (CAPC)

[flptrnkng]

Wallach knows what he told the Shareholders

But he forgets so easily. Ample evidence of that. This from the last PR:

He added, "Management continues to exhaust every effort in addressing the delays which frankly are inexplicable. We have confirmed (as per my October 11th PR)

One problem: the Press Release was Oct. 13th.

Remember when Wallach said 3000 mirrors would be produced by the end of 3Q, just needing an FCC sticker to immediately ship? Then he says this:

Wallach further commented, “On a positive note, to avoid any further delays, we have pre-paid an estimated $700 thousand for components and production for the first 1,000 mirrors are scheduled at the factory pending the publication of the FCC certification.