Tuesday, August 16, 2022 3:32:12 AM
"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?
Recent CAPC News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:39:09 PM
- 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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