Replies to post #64486 on Capstone Companies Inc (CAPC)

[RG]

And Good Luck to you in your investment in CAPC.

Are you serious?

Spinning increased revenues as a foil to severely increased losses just ain't gonna cut it with professionals

This I do like

increased revenues

Thanks and have a pleasant evening Salve

[Network]

In the spirit of trying to wear rose-colored glasses, I'm going to say that it is encouraging to see that revenues are up 95% (Q1 '13 v Q1 '12). I'll even give Stew and Co. the benefit of the doubt that the domestic distribution plan is starting to take shape. In fact, I'll even take it another step further and say that I'm pleased to see that they are investing more to move the company forward.

However, as I take the glasses off, I realize that my rose-colored glasses might have been beer goggles all along. It is making the Q1 numbers seen sexier than they really are.

The increase in net loss from 2012 is not a good sign. Unless the last three quarters of 2013 blow every expectation out of the water by a HUGE margin, 2011 is going to remain CAPC's lone profitable year.

I really, REALLY, REALLLLLLY want this company to succeed. Not just because I want to finally break even on my investment, but because those of us who have been stuck here for a rapidly approaching decade deserve to see green.

IMHO, Capstone can not be a company that totally relies on two quarters (Q3 & Q4) to bring in the vast majority of their revenue streams. Until this is a four-quarter company, sniffing $10+ million in revenues on an annual basis will be incredibly difficult. I hope 2011 won't end up an anomaly, but since we've got $9.4 million left to go, my 20/20 vision sees a tough year.

Show me, CAPC, that you can do it. Surprise me. Surprise us all.

If I can make ONE request for tomorrow's conference call, please (PLEASE!) do not say CAPC is on track for $15-25 million in revenues now or in the future.