Capstone Companies, Inc. Announces Uplisting to OTCQB Venture Market
22 August 2016 - 8:55PM
Capstone Companies, Inc. (OTC:CAPC) (“Capstone” or the “Company”),
a designer of innovative LED lighting solutions including power
failure lighting, today announced that at the opening of trading
today, August 22, 2016, Capstone’s stock will begin trading on the
OTCQB Venture Market exchange under the ticker symbol CAPC.
Stewart Wallach, Capstone’s President and CEO, commented, “We
believe that by uplisting onto the OTCQB, we are helping Capstone’s
investment story hit the radar of a larger audience. We will
continue to execute on our investor relations strategy aimed at
improving the market’s ability to accurately reflect the value of
Capstone’s exciting growth story, by helping Capstone become a more
investable security, and marketing our story to a broader audience
through participation in investor conferences and other similar
types of events.”
About Capstone Companies, Inc. Capstone
Companies, Inc. is a designer of innovative LED lighting solutions
including power failure lighting, for consumers and
institutions. The Company’s products are sold under the
Capstone Lighting and Hoover® HOME LED brands, to big box
retailers, wholesale clubs, and home improvement stores throughout
North America and in international markets. Capstone’s
strategy is to utilize its low-cost manufacturing base to
provide high-quality consumer products to its customers at a
reasonable price, using primarily direct import distribution.
Visit www.capstonecompaniesinc.com for more information about
the Company and www.capstoneindustries.com for information on our
current product offerings.
FORWARD-LOOKING STATEMENTS:This news release
contains "forward-looking statements" as that term is defined in
the Private Securities Litigation Reform Act of 1995, as
amended. Such statements consist of words like “anticipate,”
“expect,” “project,” “continue” and similar words. These
statements are based on the Company’s and its subsidiaries’ current
expectations and involve risks and uncertainties, which may cause
results to differ materially from those set forth in the
forward-looking statements. Factors that may cause actual
results to differ materially from those contemplated by such
forward-looking statements, include consumer acceptance of the
Company’s products, its ability to deliver new products, the
success of its strategy to broaden market channels and the
relationships it has with retailers and distributors. Prior
success in operations does not necessarily mean success in future
operations. The ability of the Company to adequately and
affordably fund operations and any growth will be critical to
achieving and sustaining any expansion of markets and
revenue. The introduction of new products or the expanded
availability of products does not mean that the Company will enjoy
better financial or business performance. The risks associated with
any investment in Capstone Companies, Inc., which is a small
business concern and a "penny-stock Company” and, as such, a highly
risky investment suitable for only those who can afford to lose
such investment, should be evaluated together with the risks and
uncertainties more fully described in the Company’s Annual and
Quarterly Reports filed with the Securities and Exchange
Commission. Capstone Companies, Inc. undertakes no obligation
to publicly update or revise any forward-looking statement, whether
as a result of new information, future events, or otherwise.
Contents of referenced URLs are not incorporated into this press
release.
For more information, contact
Company:
Aimee Gaudet
Corporate Secretary
(954) 570-8889, ext. 313
Investor Relations:
Garett Gough, Kei Advisors LLC
(716) 846-1352
ggough@keiadvisors.com
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