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SUBSEQUENT EVENTS
9 Months Ended
Sep. 30, 2021
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 7- SUBSEQUENT EVENTS

 

On July 2, 2021, the Board of Directors (“Board”) resolved that the Company required a purchase order funding facility to procure additional inventory to support the online Smart Mirror business. The Board resolved that certain Directors could negotiate the terms of a Purchase Order Funding Agreement for up to $1,020,000 with Directors S. Wallach and J. Postal and E. Fleisig, a natural person. This agreement has finalized, and the Company has received the $1,020,000 funding under this agreement on October 18, 2021.

 

On October 18, 2021, Capstone activated services with MBA for a 60-day deliverable to end on December 18, 2021. (On January 21, 2020, the Company provided MBA with 60 days cancellation notice and the agreement ended March 31, 2020. Accordingly, Capstone’s last payment and the deposit on file was applied towards 60 days of service between Capstone and MBA at a future date.)