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DEERFIELD BEACH, Fla., January 14, 2025--(BUSINESS WIRE)--Capstone Companies, Inc. (OTCQB: CAPC) announced today the appointment of Warner H. Session as an independent director, effective January 9, 2025.
Mr. Session is the principal of Session Law Firm, P.C., a Washington, D.C. law firm. Since 1991, he practiced government relations/lobbying, government contracting and procurement, small and minority business development, real estate transactions and business formations. He has represented national trade associations before Congress. He is a former board member of the Board of Directors for the Metropolitan Washington Airports Authority, which has oversight of Dulles International Airport and Ronald Reagan Washington National Airport. Mr. Session was a member of District of Columbia trade mission to Canada. Prior to private law practice, he worked in the U.S. House of Representatives as Staff Director and Counsel to the Government Activities and Transportation Subcommittee and he served as Staff Attorney to the Judiciary Committee for the DC Council, where he drafted legislation on matters affecting multiple executive agencies. Mr. Session is a Trustee of the University of the District of Columbia. A graduate of Stanford University with a Bachelor of Arts in Political Science, he received his Juris Doctorate from the Georgetown University Law Center and is licensed to practice law in the District of Columbia.
"Warner brings valuable experience in business and commercial real estate development and government relations to Capstone Companies’ efforts to build a new business focused on year-round social, athletic, and fitness programs that appeal to children, adults and families," said Stewart Wallach, Chair of the Company’s Board of Directors. "His experience in helping business achieve results in commercial real estate development and government assistance in business development complements the operational experience of our new Chief Executive Officer in the proposed year-round social, athletic, and fitness business," added Mr. Wallach.
Mr. Session said, "I look forward to the challenge and potential of Capstone Companies as a company seeking to develop a new business line that fosters individual fitness and social and emotional enhancement as well as aiding local community development."
About Capstone Companies, Inc. Capstone Companies, Inc. is an SEC reporting company with its common stock quoted on OTC QB market. Formerly engaged in producing LED and Smart Mirror consumer products, Company ended its consumer product operations due to declining sales and has been seeking to establish a new business line and revenue generating operations through internal development, merger, acquisition or a combination of those actions. The Company currently has no revenue generating operations. The appointment of a new CEO and appointment of directors is part of the Company’s efforts to establish revenue generating operations by bringing in new management members with experience in industries other than the Company’s former industry as well as a proven ability to build, fund or assist in creating sustainable, new business lines.