141 Capital Posts Semi-Annual Financial Statements to Attain Pink Sheets "Current Information" Status
30 August 2010 - 11:00PM
Marketwired
141 Capital, Inc. (PINKSHEETS: ONCP). 141 Capital announced today
that it posted its Semi-Annual Report at
http://www.otcmarkets.com/quote/search.jsp. The Report may also be
viewed at 141 Capital's website (www.141capital.com). 141 also
posted an attorney's opinion letter opining that based on the
information counsel obtained from public officials, Company
officers and other sources, counsel believes the information relied
upon preparing the letter (i) constitutes "adequate current public
information" concerning the Securities and the Company. Posting the
opinion completes the requirements of 141 Capital to attain
"Current Information" status. Errol Stone, 141's CEO stated, "We
are pleased to disclose the required financial statements and
supporting documents satisfing OTC Markets' guidelines for adequate
disclosure. We believe transparency is imperative to enhanced
shareholder value and increased liquidity and visibility." July's
OTC Market Trade Summary revealed that in July that dollar volume
trading in Pink Sheets "Current" issuers was nearly five times that
of all other Pink Sheet categories ("Limited," "No Information,"
"Caveat Emptor") combined -- exceeding five billion dollars. Mr.
Stone added "141 Capital's status should be upgraded to 'Current
Information' within the next few days. This upgraded status should
provide an added level of security for our shareholders as the
Company moves forward toward successfully meeting our operational
and financial milestones."
About 141 Capital, Inc.
(www.141capital.com) 141 Capital, Inc. is a publicly traded company
based in Chicago. Its primary operations involve commodity trading
for its own account. 141 will register as an Introducing Broker
with the National Futures Association to enable it to offer futures
products to the general public. To attract customers, 141 will be
utilizing TradeTablet and strategic partners' product lines.
Safe Harbor Act: This release includes
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995
that involves risks and uncertainties including, but not limited
to, the impact of competitive products, the ability to meet
customer demand, the ability to manage growth, acquisitions of
technology, equipment, or human resources, the effect of economic
business conditions, and the ability to attract and retain skilled
personnel. The Company is not obligated to revise or update any
forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release.
Contact: 141 Capital encourages its shareholders to email
questions and suggestions Email: Email Contact
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