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01/30/25 10:39 AM

#81628 RE: JTHawk #81627

What would you like to see or hear from the company right now?



I guess the issue is, there isn't really a company right now. There's a shell (CAPC), and there's a group that desires to reverse merge into that shell (Coppermine, et al).

The final chapter on Capstone Companies, Inc (CAPC) will be written in the 10K. Outstanding issues to resolve: writing off the plastic molds for the Connected Chef, carried on the balance sheet as a capital asset (about $40K), and settling the Mouhaned Khoury loan ($200K plus interest, in Default).

The reverse merger, if it happens, is in 1Q2025, and will be announced if/when it happens. For it to happen, Coppermine investors have to buy a controlling interest in CAPC. To do that, in my opinion, they'll buy the B-1 shares from Wallach, Postal, Wolf, and Fleisig. That will give them control of 50 million when-converted shares, a bit over 50% of the fully diluted O/S.

What Coppermine does with the company and the share structure will be evident after the reverse merger happens.