Replies to post #77514 on Capstone Companies Inc (CAPC)

[mdimport]

I agree with this, unless it's a very low cost development plan and a product that's immediately salable into the existing box stores.

for those still hopeful of a new widget:
with $2 million cash,1/5-1/10 the amount spent on the "smart mirror",odds says your delusion will end soon and in tears.

I agree with most of this, except $CAPC likely goes sub-penny since a new team is new risk. Even a new product from the same team is new risk.

best case scenario company stock down to the pennies,and picked up by an experience/capable product team,for its savagable value: not management team,not Amy,not "smart mirror",for the box store connections only

Short-term, management needs to cut expenses and bring the company into a cash flow positive state within the existing revenue stream.

Basically preserve cash on the balance sheet and let it grow if possible while developing a new growth strategy.