Capstone Companies Inc (CAPC)

[JTHawk]

Based on Wallach's history, this is great news.  1) He only gives updates when there is concrete news to give, almost always positive 2) If there is no news or it's bad news, he doesn't tend to release new statements.  Almost always exclusively done in 10Q's. 3) At the same time of this announcement, he took down everything on their website.  This is something a company does prior to changing the business direction of the company.  Website will go back up with release of a definitive agreement announcing the reverse merger.