141 Capital's Board Authorizes Contribution of Shares from Principals.CHICAGO -- 141 Capital, Inc. (OTCPK: ONCP). 141 Capital announced today that at a Special Meeting, the Board of Directors authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: the acceptance of contributions of up to 620,000,000 shares of 141 common stock from Errol Stone, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. 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 publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. based in Chicago. Its primary operations involve commodity trading for its own account utilizing trading systems The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. 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 BUSINESS HOURS. The time of the day during which business is transacted. In respect to the time of presentment and demand of bills and notes, business hours generally range through the whole day down to the hours of rest in the evening, except when the paper is payable it a bank or by a and understand it may take several days to receive a response. Email: info@141capital.net. |
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