Capstone Companies Inc (CAPC)

[flptrnkng]

Those shares haven't been sold to anybody

They may be used as payment for interest and principal, but they haven't been yet.

His shares are entitled to piggyback registration rights, per the promissory note (the next time they file a registration, those shares will be included too).

I don't see how that any of that fits with a Reg D Exemption from Registration filing.

Howard has made loans before. Have any of them gone down like this?

Regards