LAWRENCE, N.Y., July 19, 2011 /PRNewswire/ -- 141 Capital, Inc.
(141), (ONCP.PK). As a result of market conditions and business
circumstances, 141 has changed its business model. 141 is in the
business of bringing value to companies, including enabling quality
private companies to go public, and enabling quality public
companies to qualify for higher and more prestigious exchanges.
This includes introducing companies to 141's robust investor
following providing our clientele companies access to a more
substantial shareholder base. Our competitive advantage lies in our
business acumen and our unique ability to help our clientele
companies rapidly expand their shareholder base and to create a
more robust capital formation structure and increased
liquidity.
To furnish benefits to a clientele company, the principal
portion of 141's compensation will be shares in the clientele
company. 141 then intends to share the benefits with our
shareholders – declaring dividends in the form of a portion of the
stock received for services. 141 shareholders will also benefit by
receiving equity in companies prior to their achieving milestone
events, at a discount to the pre-milestone valuation.
In addition to services directly affecting the value of
portfolio companies' common shares and their liquidity, 141 will
offer a comprehensive menu of professional and mentoring services.
Errol Stone, President, explained that "While engaging in the
business of mentoring with public and private companies alike, 141
will capitalize on its uniquely robust shareholder base of more
than 1,000 shareholders, but 141 will not stop there. Our
goal is to provide client companies with access to services that
will increase market awareness and sales prospects."
141 will provide five basic services:
- Assisting quality private companies to become and public
thereby providing them access to capital.
- Helping public companies enhance their public status by
introducing them to 141's robust investor following.
- Furnishing professional services in the areas of marketing,
sales, finance, operations and investor and public relations.
- Helping portfolio companies identify and complete synergistic
strategic relationships.
- Providing long-term financing for clientele company
operations.
Experienced entrepreneur, Howard
Salamon, has joined 141, as its CEO and Chairman of the
Board. Mr. Solomon further explained that, "I am proud to join the
other talented members of 141 to enable quality companies to grow,
to profit, to attract better management and to better access to the
public markets and capital, including what is necessary to move to
a higher exchange."
Forward-Looking Statements:
Statements about ONCP's future expectations, including future
revenues and earnings, and all other statements in this news
release other than historical facts are "forward-looking
statements." Since these statements involve risks and uncertainties
and are subject to change at any time, the company's actual results
may differ materially from the company's plans if its assumptions
prove to be incorrect or for a variety of other reasons.
Contact: Howard Salamon, CEO
Telephone Number: 516-371-9440
E-mail Address: info@141capital.us
SOURCE 141 Capital, Inc.
