141 Capital Announces TradeTablet.com.CHICAGO -- 141 Capital, Inc. (OTCPK: ONCP) announced today that its license agreement with its minority owned (35%) subsidiary, Wind River Development Corporation, (WRDC WRDC Western Rural Development Center WRDC Women in Resource Development Committee WRDC World Radiation Data Centre WRDC Wisconsin Rural Development Center WRDC Wyoming Rural Development Council WRDC Wright Research and Development Center ) provides for exclusive rights to futures and options brokerage on WRDC's web-based trading platform to be launched at TradeTablet.com. The TradeTablet.com product, currently under development, will feature a multi-threaded, price and execution enabled spreadsheet coupled with a specialized relational database accessible to users for an affordable monthly subscription. The feature set of the web-based spreadsheet will enable users to design, construct and store custom spreadsheet templates for a wide variety of trading strategies and methodologies. In addition, TradeTablet.com will provide a venue for the free exchange of templates by subscribers. The database will enable users to download historical market data, display real-time streaming prices and to create synthetic custom instruments, such as user defined spreads and baskets of exchange listed instruments. To accomplish this, 141 will employ third party connectivity portals to brokers as well as exchanges around the globe. In addition, 141 and WDRC WDRC Wide Dynamic Range Compression (audiology) WDRC World Data Research Center WDRC Wellstone Democratic Renewal Club (Berkeley, CA) WDRC World Drag Racing Championships will develop additional third party relationships for the deployment and hosting of the web-based trading solutions related to TradeTablet.com. As planned, 141 will apply to the National Futures Association National Futures Association (NFA) The futures industry self-regulatory organization established in 1982. for registered status as an independent Introducing Broker. Upon completion of the registration, 141 will have the ability to offer brokerage and clearing services of selected premier Futures Commission Merchants to the public at discount prices - a major source of future revenues for the company, management stated. "There is no trading tool in existence with the capabilities that TradeTablet will offer retail and professional subscribers alike," said 141 Capital 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. Errol Stone. "The ramifications ramifications npl → Auswirkungen pl of user-enabled features alone to futures and options traders are unparalleled in our opinion, and we are very, very excited about its development and launch," he concluded, noting that the company will announce a prototype launch date in the near future. About 141 Capital, Inc. 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 for trading financial products listed on the world's derivatives exchanges. It is a 35% owner of Wind River Development Corporation which is developing a proprietary trading Proprietary Trading When a firm trades for direct gain instead of commission dollars. Essentially, the firm has decided to profit from the market rather than commissions from processing trades. platform that 141 intends to release to consumers upon its completion and 141's registration as an independent broker with the NFA NFA - Finite State Machine . Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 ob·li·gate tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates 1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force. 2. To cause to be grateful or indebted; oblige. 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 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.com |
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