Wednesday, May 18, 2022 2:28:23 PM
The failure of CAPC to maintain sufficient operating funds to continue operations except by defraying overblown executive compensation and then desperately borrowing money via expensive private loans is another blot on managements perceived competency, Yes it may keep the lights on for a few months but at what cost to the the stocks reputation. Let's remember that these loans were not altruistic but necessary.
They already blew their chances to obtain reasonably priced credit.
Also, the LED business has dried up and left another giant hole in earnings where, as your post mentioned, there had been previous success.
All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. - Arthur Schopenhauer (1788-1860)
Recent CAPC News
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 08:42:47 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 04:55:51 PM
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