Welcome to our dedicated page for Capstone Comp news (Ticker: CAPC), a resource for investors and traders seeking the latest updates and insights on Capstone Comp stock.
Capstone Companies, Inc. (OTCQB: CAPC) is a public holding company and SEC-reporting issuer that regularly discloses its evolving strategy, funding arrangements and governance changes through press releases and SEC filings. This news page aggregates those updates so readers can follow how the company’s transition from historical consumer products to new business lines is unfolding over time.
Recent news has highlighted Capstone’s strategic focus on developing a health, fitness and social activities business, including plans for in-person sports-entertainment recreational centers aimed at children, adults and families. Releases also describe the company’s efforts to license its Connected Chef kitchen tablet, a purpose-built smart device for kitchen environments, under a worldwide license agreement with T&B Media, Ltd.
Investors and observers can use this page to track announcements about working capital funding from Coppermine Ventures, LLC, which Capstone has described as essential for basic corporate maintenance and compliance while it has no revenue-generating operations. Governance-related news, such as the appointment of a new Chief Executive Officer and additional directors with experience in sports, fitness, commercial strategy and government relations, is also documented here.
Because Capstone is in a transition phase, its news flow often covers strategic realignments, memoranda of understanding related to potential application development for health, fitness and social activities facilities, and updates on its efforts to establish a new business line. By reviewing the articles on this page, readers can see how the company’s plans, funding sources and leadership structure are being communicated over time and can revisit prior announcements for historical context.
Capstone Companies, Inc. (OTC: CAPC) was featured on The Kelly Clarkson Show, highlighting its Capstone Connected Thin Cast Smart Mirror. CEO Stewart Wallach expressed enthusiasm about the product's inclusion in the Holiday Gift Guide, referring to the mirror as 'cool' and 'magical.' The company is currently offering year-end sale pricing and immediate shipping through CapstoneConnected.com. This exposure on a popular daytime show may enhance brand visibility and potentially drive product sales.
Capstone Companies, Inc. (OTC: CAPC) announces a webcast featuring CEO Stewart Wallach to discuss strategic updates for 2022, focusing on marketing initiatives for the Capstone Connected Portfolio. The event is scheduled for May 20, 2022, at 10:30 a.m. ET. A telephonic replay will be available until May 27, 2022. The company emphasizes its commitment to leveraging technology to enhance consumer products, especially in smart mirrors. Investors are encouraged to check the company's website for additional details and updates.
Capstone Companies (OTC: CAPC) reported its Q1 2022 financial results on May 16, indicating delays in product launches due to logistical issues. Minimal revenues from mirror sales were noted in the quarter, with significant inventory expected for future shipments. CEO Stewart Wallach announced a new marketing strategy involving digital asset creation and raised non-dilutive working capital. CFO Gerry McClinton confirmed $1.4 million in retail inventory ready for distribution. Company insiders have maintained their shares, supporting Capstone through $1.6 million in working capital over the past nine months.
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.
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