Capstone Companies Inc (CAPC)

[flptrnkng]

Shoe #1 has dropped

That gives them some operating cash to do the new product development and roll-out, while currently making losses. A necessary move.

Shoe #2, an increase in the A/S. Howard's new loan will take roughly 30M shares to pay back. Add in the when-converted preferred shares and the A/S is oversubscribed (not that I see them converting those shares any time soon).

A 50% increase to 900M, or go whole hog an make it an even billion?

Anyone see any other options?

Regards