Replies to post #79860 on Capstone Companies Inc (CAPC)

[traderbbc1]

"The Company has placed orders for the initial inventory rollout and expects these that these shipments will be made in the third quarter, 2021 to support the holiday buying period."

I just breezed the 10Q. I misread. It is now a good time for communication. Either way I do think a comment from Stu is warranted. Down more than $2.00 from its high.

Then again, they didn't say one word when it was .02. Then it popped to +$3.00
Done buying here.

[flptrnkng]

https://www.businesswire.com/news/home/20211116006239/en/Capstone-Companies-Reports-Third-Quarter-2021-Performance

Wallach further commented, “On a positive note, to avoid any further delays, we have pre-paid an estimated $700 thousand for components and production for the first 1,000 mirrors are scheduled at the factory pending the publication of the FCC certification. We are standing ready for initial product release. The insiders and directors remain resolute, and have continued to support the Company with an additional $1 million in inventory funding made available on October 18th. In addition to the funding, the largest insider shareholders have not sold any shares. I realize the shareholder community is anxious as communications have been limited since mid-October and accordingly, I will be scheduling a webcast prior to Thanksgiving to share material updates on the Smart Mirror program.”

[rvd]

Wallach knows what he told the Shareholders last week and so do the shareholders