Replies to post #81467 on Capstone Companies Inc (CAPC)

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Wallach and Postal made no loans under that deal

And got 15,000 Preferred shares (999,900 shares when converted to common) for their trouble.

Three months later, they sold 2.5 million shares for 60 cents per share when the stock price was above 2 dollars.

So, to recap, Wallach and Postal dished out Zero dollars of their own money, got a million shares as thanks, and then diluted 2.5 million shares.

It WAS easy for them to sell shares. Not so much anymore. They'll need to reverse split to make room if they plan on selling more shares to stave off Insolvency.