Capstone enters $1.02M purchase order financing from insiders for Smart Mirror launch

CAPSTONE COMPANIES, INC.

Maximum aggregate funding of $1,020,000 from three lenders, including CEO and director, at 5% annual interest.
Loan secured by Smart Mirror inventory; principal plus interest due within six months of each advance.
ETL certification received Sep 30, 2021; FCC EMC testing completed Oct 15; final approval expected in 5–7 days.
Smart Mirror launch delayed from H1 2021 due to COVID-19 and production shift to Thailand.
Disinterested board approved the agreement as only viable funding source given company's financial condition.

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