Replies to post #69396 on Capstone Companies Inc (CAPC)

[Salve Lucrum]

The transcript should be read for laughs!

Gotta love this one:

We were the first to utilize induction charging in a handheld lighting product and, at the same time, introducing style and design into utility lighting categories.

Wow, perhaps that's because air gap induction charging was so dreadfully inefficient as a means of transferring energy (slightly better than rubbing a glass rod with a silk cloth) that nobody else considered it.

Talk about Egg On Your Face! Capstone actually bragged about the new product being Energy Star compliant.

It was anything but and therefore could not be certified as such. The claim had to be removed.

An avoidable, and very basic blunder that only their competitors could love for sure.

Yesterday's news? Yep, but Wallach brought up the subject on Friday.

[Salve Lucrum]

Here's a more topical "funny" from the CC.

In trying to justify the half-million dollar wall switch from AC Kinetics, Wallach gave the following example:

A perfect example would be a light in a bathroom, which is a room frequently visited during a power failure or any other time. The visit to a bathroom might be three minutes, so where a general power failure product may be on because of power failure conditions, a power failure product that incorporates our Capstone Power Control technology can be turned off. In essence, we're only using it when we need it, and that significantly extends the life of the product.

Sounds great doesn't it? But here again what appears to be a lack of any staff with basic engieering knowledge of ergonomics is apparent.

Applying Occam's Razor to the overly complex and costly solution given in Wallach's example we can recommend a cheap, elegant solution.

Simply include in the lighting fixture a Passive IR Proximity Detector which turns the light on automatically when a body enters the (bath)room and turns it off automatically when the occupant leaves.The circuit is simple and inexpensive and would work whether the lamp was operating on house current or on battery current in power outage mode.

And nobody has to remember to turn off the $500,000 switch -LOL.

(This would also handle power outage lighting for hallways and emergency exit stairwells - no hands required.)

Jeez - why reinvent the wheel?

[RG]

For CAPC Shareholders.

"Stewart Wallach: I’ll take care of this one. In my opinion, 2016 will be the strongest year in the history of our Company. Not only are we manufacturing and distributing expanded product lines, but the actual selling costs of the products we are offering are increasing substantially. As a point of reference, our products within the Bath Vanity Lighting categories will range from $35 to $100 wholesale, whereas our average selling prices prior to this were in the range of $8 to $10. That is the price range we had participated and competed in for the last several years.

With successful product placement, one can easily see the wholesale dollars will contribute to a far more rapid growth, so, yes, I think we're on track and I feel that 2016 is going to be a banner year for us."

BUT, if there is a need to sell I'm waiting to get MORE CHEAPIES from ANY seller