Capstone appoints Alexander Jacobs as CEO; two directors resign; CVen provides working capital

CAPSTONE COMPANIES, INC.

Directors Jeffrey Postal and George Wolf resigned Dec 6, 2024; no disagreement; vacancies created for CVen nominees.
Alexander Jacobs appointed CEO and director Dec 10; focus on developing a new business line.
Jacobs is founder/owner of Coppermine Ventures, a profitable 20-facility sports/fitness group serving 35,000 families.
CVen provided $125,914 promissory note in Oct plus $50,018 in Nov; obligated for $218,640 more under MTA.
Company remains a public shell with no revenue; going concern; no existing M&A agreement.

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