Replies to post #32171 on Capstone Companies Inc (CAPC)

[Stevenvegas]

I doubt he's worried about it

[rvd]

Better read your own profile,Not even 2 weeks old? Born On: Tuesday, April 03, 2007

[rvd]

email address for CEO is; [e-mail]

[dizzydon]

I've got a hunch Wallach converted it

About 90% of it into common.. it might be what his form 3 statement indicates

I looked at the fileing about the terms of the purchase agreement and didn't see anything about his B stock paying 8% interest or being payable in cash ( like the B stock Howard Ullman and the other CHDT insiders got from loans )..he'd have no reason not to convert it

It would help to explain how we've wound up at 554 million shares outstanding after Ullman reduced that ( about 545 million down to 525 million ) by 20 million with his common into preferred swap

[Salve Lucrum]

Flp, one thing that has puzzled me about Capstone

is why it was sold to CHDT for the proverbial "bowl of potage".

If this company is supposed to generate immediate and substantial revenues, as has been so loudly and abundantly ballyhooed here, why was it sold to CHDT for a measly 750k cash plus some questionably valued stock?