Capstone Companies Enters Material Definitive Agreement

TL;DR

CAPSTONE (CAPC) signed a big deal Jan 29, filing Feb 4. Details in exhibits.

AI Summary

Capstone Companies, Inc. announced on February 4, 2025, that it entered into a material definitive agreement on January 29, 2025. The filing also includes financial statements and exhibits related to this agreement. The company, formerly known as CHDT Corp, China Direct Trading Corp, and CBQ Inc, is incorporated in Florida.

Why It Matters

This filing indicates a significant new contract or partnership for Capstone Companies, Inc., which could impact its future financial performance and strategic direction.

Risk Assessment

Risk Level: medium — The filing itself is a standard disclosure, but the 'material definitive agreement' could represent significant new business or obligations, the details of which are not fully disclosed in this summary.

Key Players & Entities

• CAPSTONE COMPANIES, INC. (company) — Registrant
• CHDT CORP (company) — Former Company Name
• CHINA DIRECT TRADING CORP (company) — Former Company Name
• CBQ INC (company) — Former Company Name
• February 4, 2025 (date) — Report Date
• January 29, 2025 (date) — Earliest Event Date

FAQ

Key Financial Figures

• $485,163 — d Sixty-Three U.S Dollars and No Cents ($485,163) ("New Principal"). The New Principal i
• $125,914.00 — Thousand Nine Hundred Fourteen Dollars ($125,914.00) has been loaned to the Company under t
• $53,018 — and Eighteen U.S. Dollars and No Cents ($53,018) was loaned to the Company under the Ne
• $42,850 — ompany compliance/Regulatory Expenses $42,850 $27,050 $47,050 $116,950 Accounting
• $27,050 — mpliance/Regulatory Expenses $42,850 $27,050 $47,050 $116,950 Accounting/Legal $
• $47,050 — Regulatory Expenses $42,850 $27,050 $47,050 $116,950 Accounting/Legal $46,860 $
• $116,950 — y Expenses $42,850 $27,050 $47,050 $116,950 Accounting/Legal $46,860 $23,300 $5
• $46,860 — 0 $47,050 $116,950 Accounting/Legal $46,860 $23,300 $56,300 $126,460 Insurance
• $23,300 — 0 $116,950 Accounting/Legal $46,860 $23,300 $56,300 $126,460 Insurance $14,769
• $56,300 — 50 Accounting/Legal $46,860 $23,300 $56,300 $126,460 Insurance $14,769 $14,769
• $126,460 — nting/Legal $46,860 $23,300 $56,300 $126,460 Insurance $14,769 $14,769 $14,679
• $14,769 — $23,300 $56,300 $126,460 Insurance $14,769 $14,769 $14,679 $44,307 Software/
• $14,679 — $126,460 Insurance $14,769 $14,769 $14,679 $44,307 Software/ Operating Expense
• $44,307 — Insurance $14,769 $14,769 $14,679 $44,307 Software/ Operating Expense $6,884
• $6,884 — $44,307 Software/ Operating Expense $6,884 $6,055 $5,575 $18,514 Projected Wor

Filing Documents

• capc_8k.htm (8-K) — 42KB
• ex99_1.htm (EX-99.1) — 8KB
• ex10_1.htm (EX-10.1) — 42KB
• 0001903596-25-000059.txt ( ) — 272KB
• capc-20250129.xsd (EX-101.SCH) — 3KB
• capc-20250129_lab.xml (EX-101.LAB) — 33KB
• capc-20250129_pre.xml (EX-101.PRE) — 22KB
• capc_8k_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. General. On January 29, 2025, Capstone Companies, Inc. ("Company") entered into an Amended and Revised Unsecured Promissory Note ("New Note") evidencing a loan from Coppermine Ventures, LLC, a private Maryland limited liability company based in Baltimore County, Maryland, ("Coppermine"). The New Note amends, revises and supersedes the Unsecured Promissory Note, signed October 31, 2024, by the Company and Coppermine ("Old Note"). The principal of the New Note is Four Hundred Eight-Five Thousand One Hundred Sixty-Three U.S Dollars and No Cents ($485,163) ("New Principal"). The New Principal includes principal and interest accrued thereon under the Old Note. As of the date of the filing of this Current Report on Form 8-K ("Form 8-K") with the Commission, One Hundred Twenty-Five Thousand Nine Hundred Fourteen Dollars ($125,914.00) has been loaned to the Company under the Old Note, and, on January 31, 2025, Fifty-Three Thousand Eighteen U.S. Dollars and No Cents ($53,018) was loaned to the Company under the New Note. Purpose of New Note . Company and Coppermine entered into the New Note to provide projected funding needed by the Company to pay for essential corporate maintenance expenses due in the first three fiscal quarters of 2025, being expenses deemed necessary by the Company to meet the reporting and filing requirements under federal and state securities laws and regulations, maintenance of the quotation of the Company's Common Stock on the OTC Markets Group QB Venture Market and maintenance of directors' and officers' insurance and basic management and accounting operations. The New Principal is intended to provide sufficient working capital to maintain the corporate existence of the Company while the executive management continues efforts to develop or acquire a new business line or revenue generating operation. The Company is a public shell and has no revenue generating operations as of the date of the filin

01. Financials and Exhibits

Item 9.01. Financials and Exhibits. (d) Exhibits. Exhibit Number Exhibit Description 99.1 Capstone Companies, Inc. Press Release, dated February 4, 2025, re: Amended and Revised Unsecured Promissory Note. 10.1 Amended and Restated Promissory Note issued by Capstone Companies, Inc. to Coppermine Ventures, LLC, dated January 29, 2025. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CAPSTONE COMPANIES, INC., A FLORIDA CORPORATION By: /s/ Alex Jacobs Alex Jacobs, Chief Executive Officer Dated: February 4, 2025 EXHIBIT INDEX Exhibit Number Exhibit Description 99.1 Capstone Companies, Inc. Press Release, dated February 4, 2025, re: Amended and Revised Unsecured Promissory Note. 10.1 Amended and Restated Promissory Note issued by Capstone Companies, Inc. to Coppermine Ventures, LLC, dated January 29, 2025.

View Full Filing

View this 8-K filing on SEC EDGAR