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141 Capital’s Board Authorizes Contribution of Shares from Principals

Added: (Fri Oct 30 2009)

Pressbox (Press Release) - 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.

Chicago, IL, October 30, 2009 -- 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.
Source: 141 Capital, Inc. Errol Stone, CEO, 312-788-8271
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Contact:
Errol Stone
141 Capital, Inc
1585 Ellinwood St
Des Plaines, IL 60016
312-788-8271
info@141capital.net
http://www.141capital.net

Submitted by:Errol Stone Find out more.
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