---
schema_version: "secwatch.filing_event.v1"
accession: "0001575705-21-000716"
form_type: "8-K"
ticker: "CAPC"
cik: "0000814926"
company_name: "CAPSTONE COMPANIES, INC."
filed_at: "2021-10-19T23:59:59+00:00"
generated_at: "2026-06-28T20:09:08.735608+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001575705-21-000716
- form_type: 8-K
- ticker: CAPC
- cik: 0000814926
- company_name: CAPSTONE COMPANIES, INC.
- filed_at: 2021-10-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814926/000157570521000716/0001575705-21-000716-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814926/000157570521000716/capc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001575705-21-000716
- JSON: https://secwatch.observer/filing/0001575705-21-000716.json
- Plain text: https://secwatch.observer/filing/0001575705-21-000716.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.