Capstone appoints Alexander Jacobs as CEO; Coppermine founder takes helm

CAPSTONE COMPANIES, INC.

Stewart Wallach resigned as CEO on Dec 4, 2024; no disputes with the Company.
Alexander Jacobs appointed CEO and director; will focus on new business line via internal development or M&A.
Jacobs is founder/owner of Coppermine Ventures, which operates 20 facilities in Maryland.
CVen advanced $53,018 in working capital under Management Transition Agreement, plus a $125,914 unsecured note from October 31, 2024.
CEO compensation set at $1 per year; directors serve without cash compensation; going concern critical for new business line.

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