CAPC — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-14

• The challenge facing the Company is to acquire and fund a new business line, or to establish a new profitable product line or a services business, before the cost of marketing and establishing a revenue generating business impose unsustainable financial burdens and losses on the Company. Internal de…

• The License Agreement for the Connected Chef was terminated by mutual agreement of the Company and Licensee during the first week of November 2025, as a result of the prospective Chinese OEM refusing to produce a product developed by an American company. Consequently, the Company and Licensee ended …

• Even if a new business or operation is acquired or developed, there can be no assurance that it will produce revenues sufficient to sustain corporate operations. No assurances can be given that any new management members or additional funding by Coppermine or eBliss, which additional funding is not …

• Even if the Company locates a new business or business line to develop or acquire, the Company may lack the funding necessary to consummate the development or acquisition of a new business line or operation, or to sustain that business line or operation. Further, the low market price and liquidity o…

• Capstone Companies, Inc. (“Company” or “CAPC”) is a Florida corporation. The Company was a designer, promoter and licensor of consumer products that were designed to simplify daily living through technology. The most recent product was the Connected Chef kitchen tablet, but the Company was unable to…

Text removed vs the prior filing · source: 10-Q · 2025-11-13

• The challenge facing the Company is to acquire a new business line, or to establish a new profitable product line, whether the licensing of the Connected Chef or another product line, before the cost of marketing and penetrating a new product marketing company impose unsustainable financial burdens …

• Even if a new business is acquired or developed, there can be no assurance that it will produce revenues to sustain corporate operations. No assurances can be given that any new management members or funding by Coppermine will in fact result in a new business line for the Company or cover all future…

• Even if the Company locates a new business or business line to develop or acquire, the Company may lack the funding necessary to consummate the development or acquisition of a new business line or to sustain that business line. Further, the low market price and liquidity of the Company’s Common Stoc…

• The License Agreement for the Connected Chef was terminated by the Company and the Licensee in the first week of November 2025, due to the prospective Chinese OEM refusing to produce a product developed by an American company. The Company lacks sufficient operating history for the licensing of the C…

• Capstone Companies, Inc. (“Company” or “CAPC”) is organized under the laws of the State of Florida. The Company has been a designer, manufacturer and marketer of consumer inspired products that simplify daily living through technology, including the Connected Chef. Since 2024, the Company has adopte…

Text added vs the prior filing · source: 10-Q · 2026-05-14

• The Company has insufficient revenues to support its basic operating overhead and relies on funding from Coppermine under the Coppermine Note (as most recently amended on January 5, 2026), together with the proceeds of the Note funded on March 4, 2026, to meet basic operating and overhead expenses t…

• The No Shop Period expires as of June 2, 2026. Neither the Company nor eBliss have any obligations in respect of discussion of possible Transactions during or after the No Shop Period. Further, eBliss has no restrictions during the No Shop Period or afterwards on pursuing third party alternatives to…

Text removed vs the prior filing · source: 10-Q · 2025-11-13

• The Company has insufficient revenues to support its basic operating overhead and relies on funding from Coppermine under an amended promissory note to meet basic operating and overhead for the first three fiscal quarters of 2025. The Company may be unable to sustain operations beyond 2025 without c…

• While the New Note and MTA provided funding of essential working capital needs, there is substantial doubt about our ability to continue as a going concern if Coppermine or another source does not provide funding beyond the end of 2025. The ongoing concern about the Company may hinder our ability to…