Capstone Companies enters amended promissory note for $485,163 with Coppermine Ventures

CAPSTONE COMPANIES, INC.

New Note principal $485,163, replacing $125,914 October 2024 note; $53,018 loaned Jan 31, 2025.
Interest at 7% simple annual; lump-sum payment due December 31, 2025, unless accelerated.
Funds cover essential corporate maintenance through Q3 2025; company has no revenue operations.
Company lacks cash reserves to repay; may need additional funding or restructuring to avoid default.
Coppermine not obligated to fund beyond $485,163; no collateral or guarantors.

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