CAPSTONE COMPANIES INC - CAPC STOCK NEWS

Capstone Companies, Inc. (OTCQB: CAPC) will showcase its Capstone Connected Smart Mirror program at the 2022 Consumer Electronics Show in Las Vegas from January 5-7. CEO expressed enthusiasm about this opportunity after facing delays over the past 18 months. The company emphasizes that all employees are healthy amidst the ongoing COVID-19 pandemic. Additionally, Capstone has updated its e-commerce website to facilitate the purchase of their Smart Mirrors. Investors are advised to consider the risks associated with the company's future operations and market competitiveness.

Capstone Companies, Inc. (OTCQB: CAPC) has announced the availability of its Capstone Connected Smart Mirrors on Amazon, showcasing two styles. Customers can also purchase these products directly from the updated e-commerce website, www.capstoneconnected.com. The company, engaged in manufacturing and marketing consumer products, faces challenges including competition, the COVID-19 pandemic, and associated economic impacts which may affect product reception. The release contains forward-looking statements that highlight risks and uncertainties impacting future operations and financial performance.

Capstone Companies, Inc. (OTCQB: CAPC) has received final FCC certification for its Smart Mirror, fulfilling the last national testing requirement and enabling sales to commence. This marks a significant milestone for the company as it expands its product line. The newly launched e-commerce website allows customers to purchase the Smart Mirror directly. Despite this development, the company faces risks including market competition and the ongoing effects of the COVID-19 pandemic on consumer behavior. Investors should remain cautious as the Smart Mirror's success is uncertain.

Capstone Companies, Inc. (OTC: CAPC) announced a conference call on December 1, 2021, at 11:00 AM ET to discuss the Smart Mirror launch. Chairman and CEO Stewart Wallach will address shareholder concerns regarding certifications, production plans, and marketing strategies leading up to CES 2022. A telephonic replay will be available until December 8, 2021. Investors can also visit the updated website to reserve mirrors. The company highlights the risks associated with the Smart Mirror launch, including COVID-19 impacts and market competition.

Capstone Companies, Inc. (OTC: CAPC) reported no revenue for Q3 2021 due to delays in product certification and testing. The company plans to produce 3,000 mirrors in 2021, but increased costs and transport issues may delay availability. Despite these challenges, a $1.5 million private equity placement in April 2021 has helped sustain operations. Management is addressing certification delays aggressively. Additionally, $700,000 has been pre-paid for components, and insiders have committed another $1 million to support inventory.

Capstone Companies, Inc. (OTCQB: CAPC) announced the completion of FCC EMC testing for its Smart Mirror program, with formal certification expected next week. The company noted significant delays attributed to the COVID-19 pandemic, affecting production and testing timelines. Chairman and CEO Stewart Wallach expressed pride in the team's resilience during these setbacks. Capstone aims to launch the Smart Mirror in Q4 2021 and invites consumers to reserve their mirrors via the updated e-commerce website.

Capstone Companies, Inc. (OTC: CAPC), a designer and manufacturer of consumer products, has announced the use of social media for corporate announcements, specifically on Twitter and its Investor Relations website. This change aims to enhance communication with investors and the public. The company encourages stakeholders to monitor these platforms for potentially material updates while also advising them to check SEC filings for comprehensive information on its financial status.

Capstone Companies, Inc. (OTC: CAPC) announced its Q2 2021 financial results, reporting no revenues due to delays in its Smart Mirror product launch caused by COVID outbreaks in Thailand and China. However, for the six months ending June 30, gross profit rose by $59.5K (85.9%) compared to 2020, while operating expenses decreased by $913K (43.3%) to approximately $1.194M. The net loss before tax was $1.074M, down from $2.038M in 2020. The company remains debt-free and increased cash by $580K during this period, indicating resilience amid pandemic challenges.

Capstone Companies, Inc. (OTC: CAPC) announced a conference call on August 13, 2021, at 11:00 a.m. Eastern, to update shareholders on its smart mirror campaign. CEO Stewart Wallach acknowledged shareholder support during the pandemic and stated that the webcast aims to provide insights into the product's initial availability. Additionally, the company invites participants to reserve their smart mirrors on its updated website. The press release highlights potential risks related to product launch challenges, competition, and the ongoing impact of the COVID-19 pandemic on operations and financing.