EX-99.1 2 ex99_1.htm Exhibit 99.1 Press Release PRESS RELEASE FOR IMMEDIATE RELEASE Capstone Companies and Coppermine Ventures Sign MOU to Initiate Strategic Collaboration Deerfield Beach, FL - March 14, 2025. Capstone Companies, Inc. (OTCQB: CAPC) announced today that Capstone and Coppermine Ventures, LLC, a private Maryland company that operates year-round health, fitness and social activities facilities (“Facilities”) in the State of Maryland, entered into a Memorandum of Understanding (“MOU”) stating their intent to produce a plan for development of an online customer registration and management application (Application) by Capstone for Coppermine organization’s 20 Facilities. The development of the Application is subject to acceptance of the Plan, signing of a definitive application development agreement with Capstone and funding of development fees and costs by Coppermine. The companies expect the completion of the Plan by May 31, 2025, and hope to implement a CRM Application in 2025. “The Memorandum of Understanding (MOU) is another step forward in the health, fitness and social activities business (HFS business) by Capstone and in its relationship with Coppermine. …
Open exhibit ↗Current Report · Items 1.01, 9.01 · 8-K
Capstone Companies, Inc.
CAPCOTCEQUITYCurrent
Entry into a Material Definitive Agreement
Item 9.01 Financials and Exhibits. (d) Exhibits. Exhibit Number Description of Exhibit ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────── 99.1 Press Release, dated March 14, 2025, issued by Capstone Companies, Inc.…
Company context
Capstone has been engaged since 2017 in seeking to commercially exploit niche business lines or product lines that have growth and profit potential. Transitioning out of consumer product industry since 2024, the corporate mission has been to develop a business line with growth and profit potential that can, if successful, best serve the interests of Capstone’s public shareholders.