Replies to post #73448 on Capstone Companies Inc (CAPC)

[Salve Lucrum]

Yep, still here and still (laughingly) invested???

Hey, did you see the good news today? Stewy, with the unanimous (wheee) approval of the rest of the "board", extended The Pistols sweetheart, interest bearing, note through the rest of the year. Interesting timing as Stew has just bragged about paying down debt. Oh well, like they say about incest, "Keep it in the family"!

At a March 31, 2017 meeting of the Board of Directors of Capstone Companies, Inc., a Florida corporation, ("Company"), the directors unanimously approved extending the term of three existing loans made to the Company by Jeffrey Postal, a director of the Company, to January 2, 2018. Mr. Postal recused himself from the board deliberations and vote. The loans provided working capital to the Company. The estimated unpaid aggregate principal of the loans is $998,000 (as of the date of this Current Report on Form 8-K).

Don't you wish you could get some nice secured interest payments at delightfully favorable rates? I do.