Capstone Companies, Inc. (CAPC): What is the benefit? "Don't blame...

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Re: Uranium post# 81334

Tuesday, 08/16/2022 3:32:12 AM

Tuesday, August 16, 2022 3:32:12 AM

What is the benefit?

"Don't blame me for dropping the LED lighting in 2017 to 100% focus on a smart product we've done no market research on" "It was the COVID".

$20K revenue. Burned through $500K~$600K in cash.

Sold approximately 20 mirrors, out of a warehouse stock of 1400~1500 mirrors in one quarter. 40 mirrors in the first half of 2022.

Speaking of warehouse stock, where's the missing 1500+ mirrors? They raised $1.3 million + 1 million to create about $1 million worth of inventory? And raised another $600K to keep the lights on for maybe an extra quarter?

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