Capstone Companies, Inc. Terminates Letter of Intent with eBliss

What Happened

• Capstone Companies, Inc. (OTCQB: CAPC) announced in an 8-K that on August 1, 2026 it received a signed notice from the CEO of eBliss Global, Inc. terminating the Letter of Intent (LOI) between the parties. The LOI was originally effective May 14, 2026 and was amended on July 8, 2026; the termination is effective per Section 6(b) upon 35 days' prior written notice.
• The parties did not reach or execute any definitive agreement for the transactions contemplated by the LOI. Capstone states due diligence had not progressed enough to complete an evaluation of any proposed transaction.

Key Details

• LOI initial effective date: May 14, 2026; Amendment effective: July 8, 2026; termination notice sent: August 1, 2026.
• Termination becomes effective after 35 days in accordance with Section 6(b) of the LOI.
• Mutual Non-Disclosure Agreement dated November 17, 2025 remains in effect.
• Unsecured Promissory Note issued by Capstone to eBliss dated March 3, 2026 remains outstanding.

Why It Matters

• For investors, the filing confirms that a potential transaction (merger/acquisition or other business deal) with eBliss will not proceed under the LOI, removing that specific strategic option from near-term outcomes.
• Ongoing contractual items (the NDA and an outstanding promissory note) remain in place, so there are continuing legal/financial connections between Capstone and eBliss.
• Capstone says it will continue to pursue a new business line and other business development opportunities; no definitive transaction, financial results, or leadership changes were reported in this filing.