141 Capital’s Board Authorizes Contribution of Shares from Principals
29 Oktober 2009 - 1:50PM
Business Wire
141 Capital, Inc. (OTCPK: ONCP).
141 Capital announced today that at a Special Meeting, the Board
of Directors authorized the acceptance of contributions of up to
620,000,000 shares of 141 common stock from Errol Stone, CEO and
Paul Strickland, a director of 141 Capital. Any shares contributed
will be returned to 141's treasury.
Errol Stone stated: “In order to reduce the number of
outstanding shares of common stock and to reflect our dedication to
the future of 141 Capital, we believe that it is in best interests
of the Company’s shareholders that from time to time we reduce our
holdings of common stock.”
About 141 Capital, Inc. (www.141capital.net)
141 Capital, Inc., is a publicly traded company based in
Chicago. Its primary operations involve commodity trading for its
own account utilizing trading systems for trading financial
products listed on the world's derivatives exchanges.
141 Capital encourages its shareholders to email any and all
questions and suggestions. We usually respond to questions after
business hours and understand it may take several days to receive a
response. Email: info@141capital.net.
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