Capstone Companies Inc (CAPC)

[flptrnkng]

Anyone else, anyone....Bueller?

I think they sold some shares to an accredited investor/investors, and filed a paper Form D as disclosure.

You can't get the Form D that has the details unless you go to the SEC reading room and ask for the document (Document Control Number 07066932) from what I can glean.

The money raised, coupled with Howard's loan will be what they spend to develop the STP business, my guess.

The shares should be restricted, but let's keep an eye on the short interest going forward.

If they did do a PIPE, the shares were likely offered at a discount. The investors wouldn't be able to sell them for at least a year, but may be able to short against them as a hedge to their paper profits.

Whew...OK, I'm done speculating...anyone else?

Regards