An announcement from Capstone Companies ( (CAPC) ) is now available.
Capstone Companies, Inc. secured a $125,914 loan from Coppermine Ventures to address its working capital needs, with interest set at an annual rate of 7%, payable by July 31, 2025. This move is crucial as Capstone transitions its management under a new agreement with Coppermine, aiming to rejuvenate its business strategy after unsuccessful attempts to launch a new product line. The loan and management change are part of Capstone’s strategy to stabilize its financial situation and explore new business opportunities.
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