Replies to post #81602 on Capstone Companies Inc (CAPC)

[flptrnkng]

In fact, to break even on his debt would be a share price would have to be converted at $4+.

Check your math. It's wrong. I calculate 7.33 cents to 'break even' on what's owed.

George Wolf was owed $336,875. He converted that to 68,939 Series B-1 shares, which convert to 4,595,473 common shares.

$336,875 / 4,595,473 ~ .0733 per share.

So, after the debt conversion, fully diluted there will be 99+ million shares representing the empty shell. I think you're looking at a reverse split before any new investor extends a lifeline to this dead, failed company. At a penny per share, the shell might be a bit overvalued. What's a clean shell go for these days? $500K? More? Less? Remember, Jacobs is already fronting 300 or 400K to keep the shell afloat through March.

Possibly, the new investors will buy out Wallach's, Fleisig's and Postal's B-1 shares, giving them voting control.

[fung_derf]

So, I did my research on this company last week and many of your "assumptions" are incorrect. However, I closed all those windows and don't care enough to go research all this twice.
As for the office, this is their address of record, which IS in fact a virtual office.....

Number 144-V, 10 Fairway Drive
Suite 100
Deerfield Beach, FLORIDA, 33441
United States

How in the world can you consider a 1 cent stock to be an "investment"? Right now the company is nothing.

Capstone Companies, Inc. is a blank check company. The Company is seeking to establish a new business line and revenue generating operations through internal development, merger, acquisition or a combination of those actions. The Company has no revenue generating operations.

So, you own a stock that has just changed hands to a VC (which he is) and owns a private company, which, the only reason he would EVER include it into his now public shell is to dump debt on the shareholders. If he's so successful privately, what does he need a ton of shareholders for? What do you bring to the table at a penny a share? Use your head.
And everyone knows, in the penny world, the only reason to buy an empty shell is to reverse split into. You couldn't care less about any existing shareholders...other than to get them pumping for you.
So, its just another pump and dump candidate, with the only reason to be buying is to dump your stock before the other posters on penny stock websites do.
So, Mr. Investor...what's your time frame to hold this stock?
The last board you spent any time on, PZOO, the stock went to zero

[Newc]

I like my chances here. With the new guy, debt cancellation, ss, and potential reverse merger or new company etc.

[Newc]

Nice volume today with recent filings I would have bought more if I saw them. Just caught up on reading.

I only have a small position. I think this can go one of many ways and I see potential. IMO I have some hope and patience.