Capstone Companies Announces First Strategic Update of 2021
March 09 2021 - 10:00AM
InvestorsHub NewsWire
Capstone CEO,
Stewart Wallach to Address Shareholders on its new Capstone
Connected Product Portfolio
Deerfield
Beach, FL -- March 9, 2021 -- InvestorsHub NewsWire
-- Capstone Companies, Inc. (OTC:
CAPC) (“Capstone” or the “Company”), a designer, manufacturer
and marketer of consumer inspired products that simplify daily
living through technology announced today that it will host a
conference call and webcast during which Chairman and Chief
Executive Officer, Stewart Wallach will provide a corporate
strategic update for 2021.
Stewart Wallach,
Capstone’s Chairman and CEO, commented, “I am looking forward to
the opportunity to address our shareholders about the new Smart
Mirror program and its potential as our core product. I am
genuinely looking forward to sharing the progress we have
made. We appreciate ongoing shareholder support during these
challenging times.”
Thursday, March 18, 2021
11:30
a.m. Eastern Time
Phone:
1-201-689-8562
Internet webcast link available
at: www.capstonecompaniesinc.com
A telephonic replay
will be available from 2:30 p.m. Eastern the day of the call until
Thursday, March 25, 2021. To listen to the archived call,
dial (412) 317-6671 and enter conference ID 13717490.
Alternatively, the archive of the webcast will be available on the
Company’s website at www.capstonecompaniesinc.com along with a
transcript once available.
The Company welcomes
you to visit its updated website at
www.capstoneconnected.com that now enables users to reserve their preferred
mirror.
About Capstone
Companies, Inc.
Capstone Companies,
Inc. is a public holding company that engages, through its wholly
owned subsidiaries, Capstone Industries, Inc., Capstone Lighting
Technologies, LLC, and Capstone International HK, Ltd., in the
development, manufacturing and marketing of consumer products to
retail channels throughout North America and certain international
markets.
Visit our
websites; www.capstonecompaniesinc.com for more information about the Company
and www.capstoneindustries.com and www.capstoneconnected.com for information on our current product
offerings. Contents of referenced URL’s are not incorporated
herein.
Forward Looking
Statements. Forward Looking
Statements. This press release
contains forward-looking statements that involve substantial risks
and uncertainties. All statements, other than statements of
historical facts, included in this press release regarding
strategy, future operations and plans, including assumptions
underlying such statements, are forward-looking statements, and
should not be relied upon as representing Company’s views as of any
subsequent date. Such forward-looking statements are based on
information available to the Company as of the date of this press
release and involve a number of risks and uncertainties, some
beyond the Company’s control or ability to foresee, that could
cause actual results to differ materially from those anticipated by
these forward-looking statements, including, including: the
prospects of a new product line like the Smart Mirrors; the impact
of Coronavirus/COVID-19 pandemic on the Smart Mirror product line
and consumer responsiveness to that product line; any difficulty in
manufacturing the products or marketing Company products in its
target markets; growing competition in the very competitive market;
and impact of evolving technologies in Smart Mirrors on Company’s
prospects and products. Coronavirus/COVID 19 pandemic continues to
restrict or adversely impact the general economy as well as
business operations of companies and retailers, especially consumer
product companies like our company that has traditionally relied on
retail distribution. Further, whether resulting from
Coronavirus/COVID-19 pandemic or our status as a smaller reporting
company or both factors, an increase in the cost or the difficulty
to obtain debt or equity financing necessary to produce and promote
our product line could affect our ability to fund operations or
future financial and business performance. The future impact of
Coronavirus/COVID-19 pandemic and the emerging variants of that
virus on our company and its Smart Mirror launch continues to very
difficult to foresee or predict. Additional information that could
lead to material changes in Company’s performance is contained in
its filings with the Securities and Exchange Commission. Company is
under no obligation to, and expressly disclaims any responsibility
to, update or alter forward-looking statements contained in this
release, whether as a result of current information, future events
or otherwise. Any investment in the Company’s common stock,
which is a “penny stock,” is highly risky and not suitable for
investors who require liquidity and are unable to withstand the
loss of their investment. Investors should only rely
on public information in our filings with the SEC, especially
disclosures of Risk Factors, as a basis for investment decisions
about Company common stock. Company’s SEC
filings can be accessed through SEC website: www.sec.gov or
the corporate website listed below.
For more information,
contact:
Company:
Aimee C.
Brown
Corporate
Secretary
(954) 252-3440, ext.
313
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