Capstone Companies Inc (CAPC)

[RG]

Have received answers from Company on questions raised yesterday by Board members. There were 4 questions submitted.
First I'd like to say Thank You to the Company for the prompt response and also Thanks to those that submitted the questions.

Preferred is considered preferential and Howard is giving up 5 Million shares for that right. That 5 million will go back to the Treasury once a conversion takes place.

Yes the Company does use Letter of Credit for large orders as many retailers also do this. Factories want guarantees.

4th qrt financials will be released when all accounting has been completed.

Absolutely no orders will be put on hold, that has severe consequences and the Company won't tolerate putting an order on hold.