Capstone Companies Inc (CAPC)

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“We currently have an estimated $1.4 million of retail inventory available for customer shipments

At an average selling price of $999 per mirror, that's 1400 mirrors.

We know they shipped 2200 (200 by air, and 2000 by boat). We know 100 of the air shipped mirrors were broken in transit. That's 2100 mirrors left.

We know they sold 5 mirrors in December. We know they sold 20 mirrors in Jan, Feb, Mar. That's 25 mirrors sold.

Just how many mirrors broke on the boat ride over here? 600? 700?

I'm predicting a vigorous tax loss selling season later this year.

Failure to Launch. 6 years in the making, CAPC's biggest mistake yet.