Capstone Comp - CAPC STOCK NEWS

Capstone Companies (OTC: CAPC), based in Deerfield Beach, Fla., reported its 2021 financial results amid pandemic challenges. The Smart Mirror portfolio has been finalized, with inventory now available. CFO Gerry McClinton highlighted the company's focus on strategic development and financial management for future growth. CEO Stewart Wallach acknowledged the testing business environment faced in 2021 but expressed confidence in the management team's ability to navigate these challenges. A webcast to discuss results and outlook is scheduled for April 1, 2022.

Capstone Companies, Inc. (OTC: CAPC) announced it will release its Year-End 2021 financial results after market close on March 31, 2021. Following this, a conference call will be held on April 1, 2022 at 10:30 a.m. ET, where CEO Stewart Wallach will discuss the financial results and future strategies. A telephonic replay will be accessible until April 8, 2021. More information and a webcast archive can be found on the Company’s website.

Capstone Companies, Inc. (OTCQB: CAPC) has officially launched its Smart Mirror program, overcoming pandemic-related delays since its CES 2020 announcement. CEO Stewart Wallach noted that the first 1,000 units are in stock, with another 1,000 in transit. The mirrors, equipped with an Android operating system, allow for interactive features, distinguishing them from competitors. Capstone aims to position these products as essential components of smart homes. However, they face challenges in consumer awareness and market acceptance, compounded by limited brand recognition and e-commerce experience.

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.