141 Capital, Inc.

29 S. LaSalle St.
Chicago, IL

ph: 888-284-8906

Press Releases


  • 141 Capital, Inc. Issues Stock Dividend

    Press Release Source: 141 Capital, Inc.

    141 Capital, Inc. Issues Stock Dividend
    Wednesday
    December 19, 11:31 am ET

    CHICAGO--(BUSINESS WIRE)--141 Capital, Inc. (OTCPK: XXIS), announced today that on December 4, 2007 the Board of Directors approved a stock dividend to all shareholders of record as of such date; 50 shares for each outstanding share of common stock. The shares were issued by 141’s transfer agent on December 17, 2007. Prior to the dividend there were 40,832 common shares outstanding. As a result of the dividend the issued and outstanding shares will increase to 2,082,432.

     

    About 141 Capital, Inc.

    141 Capital, Inc., a publicly traded company based in Chicago provides electronic trading systems for trading financial products listed on the world’s derivatives exchanges, including foreign exchange futures and options (mostly on the Chicago Mercantile Exchange), equity index futures and options worldwide, energy futures and options, grain futures and options and fixed income futures and options.

     

  • 141 Capital, Inc. Funds Trading Systems License

    141 Capital, Inc. Funds Trading System License
    Wednesday December 19, 3:04 pm ET

    CHICAGO--(BUSINESS WIRE)--141 Capital, Inc. (OTC:XXIS - News) announced today that it has funded the first part of its commitment regarding the exclusive licensing of the Statistically Weighted Arbitrage Recognition Model (“SWARM”) for derivatives, by issuing 120 million restricted common shares to Spooz, Inc. (OTC:SPZI - News).Under development since January 2007, SWARM is a high-frequency, light-touch trading model developed by Spooz. SWARM is a combination of proprietary arbitrage models that exploit local and spatial price discovery. Its unique weighted components allow for “dynamic” co-integration balancing between multiple correlated markets. Because its success is based on the automation of quantitative strategies, SWARM’s trading performance is not dependent on any specific market direction, but rather on precise micro-second calculations to identify opportunities as they arise.

    “We are confident that SWARM will play a role in the development of trading at 141,” stated Errol Stone, CEO for 141, “but we are also excited about a number of other systems being developed by our quantitative analysts and traders. 141 can never be reliant on a single trading system because different systems achieve differing results as market conditions change.”


    Forward Looking Statements

    This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of Forward-Looking Statements: This news release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements present management's expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements.


    Contact:
    141 Capital, Inc.
    Errol Stone
    1-888-284-8
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    Source: 141 Capital, Inc.

     

  • 141 Capital, Inc. to Launch


    Tuesday February 26, 7:00 am ET

    CHICAGO--(BUSINESS WIRE)--141 Capital, Inc. (OTCPK:XXIS) announced today that it is launching operations.

    “While there have been a number of organizational problems delaying the launch of 141 Capital’s business operations, all of those matters have been resolved and 141 Capital is poised to commence operations,” stated Errol Stone the Chief Executive Officer of 141 Capital. “Management has developed its business plan, assessed its financial needs and identified its sources of capital. I believe that over the next few weeks we will be in a position to announce a number of major accomplishments. I am excited about executing a plan to reach our initial milestones and will share our progress moving forward.”

    141 has, and continues to identify key personnel, negotiating with system developers as well as contracting to build infrastructure.

     

     
    About 141 Capital, Inc.

    141 Capital, Inc., a publicly traded company based in Chicago, provides electronic trading systems for trading financial products listed on the world’s derivatives exchanges, including foreign exchange futures and options (mostly on the Chicago Mercantile Exchange), equity index futures and options worldwide, energy futures and options, grain futures and options and fixed income futures and options.

    Forward Looking Statements

    This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of Forward-Looking Statements: This news release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements present management's expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements.


    Contact:
    141 Capital, Inc.
    Errol Stone
    1-888-284-8906

    Source: 141 Capital, Inc.

     

  • 141 Capital, Inc. Selects AudioStocks.com For Investor Communications

    Thursday February 28, 7:00 am ET

    CHICAGO--(BUSINESS WIRE)--141 Capital, Inc. (“the Company,”)(OTC:XXIS - News) is pleased to announce it has retained AudioStocks.com to help maintain awareness with the investment community and assist shareholders with due diligence.

     

     
    141 Capital is developing algorithmic trading systems to trade financial products for its customers. Trades will be made on the world’s derivatives exchanges including foreign exchange futures and options (mostly, on the Chicago Mercantile Exchange), equity index futures and options worldwide, energy futures and options, grain futures and options and fixed income futures and options.

    With the launch of the Company’s business operations underway, the management team expects to be in a position to announce a number of major accomplishments. 141 Capital is poised to execute its business plan with one important goal being the successful achievement of meeting shareholder expectations.

    Errol Stone, Chief Executive Officer of 141 Capital, Inc. stated, “It is important that we keep our shareholders informed of our progress and achievements. We believe that AudioStocks will be a crucial partner in aiding 141 Capital in meeting this goal.”

    “We are pleased to add 141 Capital, Inc. to our client roster,” stated Ronald Garner, Communications Director for AudioStocks.com. “We look forward to helping them accommodate the needs of their shareholders as well as the investment community at large.”

    As part of its investor relations and publishing communications roles, team AudioStocks, using its various consulting contacts, has agreed to help with the immediate development of a professional corporate web site on behalf of 141 Capital. The launch date of the new site will be announced at a future time.

    Luis Leung, CEO of AudioStocks.com, said, “We have extensive experience developing and deploying accounting/financing software and web sites. Due to the complexity of 141 Capital’s web site design, we are pleased to help guide the company in the development of the best user experience as well as overall site functionality.”

    For a corporate profile of 141 Capital, Inc., please visit www.audiostocks.com.

     

  • 141 Capital, Inc. Approved By NFA

    March 4, 2008
    Chicago, Illinois—February 26, 2008—141 Capital, Inc. (OTC: XXIS) confirmed today that as of January 17, 2007, it has become a member of the National Futures Association (“NFA”).  

    The NFA is an industry wide, self-regulatory organization for the U.S. futures and certain jurisdictions in the domestic cash Forex business within the U.S.  The NFA helps to protect investors by ensuring rigorous registration requirements and comprehensive compliance rules for its members, and by maintaining trade practice and market surveillance as well as strong regulatory enforcement.  The NFA is to the Commodities Industry as FINRA (formerly the NASD) is to the Securities Industry

    In addition, 141 Capital is pleased to announce that the NFA has approved the Company’s application as a registered Commodities Trading Advisor (“CTA”).
     
    “The achievement of the Company’s new CTA status provides momentum toward the successful accomplishment of the critical steps necessary to successfully solicit clients,” stated Errol Stone, CEO of the Company.  “We are a start-up company with a world view of the necessary steps to accomplish our corporate goals.  We are aware of the challenges, have a plan to meet them, and we are now in business.”
     
    The Company also disclosed that as part of the Company’s evolving business plans and growing investor interest in the Company, 141 Capital may purse additional registrations from regulatory organizations.

    About 141 Capital, Inc.
    141 Capital, Inc., a member of the National Futures Association registered with the NFA as a Commodities Trading Advisor, is a publicly traded company based in Chicago, provides electronic trading systems for trading financial products listed on the world’s derivatives exchanges, including foreign exchange futures and options (mostly, on the Chicago Mercantile Exchange), equity index futures and options worldwide, energy futures and options, grain futures and options and fixed income futures and options.   

    Forward Looking Statements
    This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of Forward-Looking Statements: This news release may contain forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements present management's expectations, beliefs, plans and objectives regarding future financial performance, and assumptions or judgments concerning such performance. Any discussions contained in this release, except to the extent that they contain historical facts, are forward-looking and accordingly involve estimates, assumptions, judgments and uncertainties. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements.

    Non-Solicitation of Accounts
    141 Futures, Inc. is a registered member of the NFA.  The information contained herein is not, and should not, constitute a solicitation of any trading accounts.  No trading accounts will be accepted by 141 Capital until such time it is in strict compliance with NFA and CFTC requirements.   

    Contact:

    AudioStocks.com
    Ronald Garner
    Investor Hotline: 760-692-1167

   

 

 

 

Copyright 141 Capital, Inc.   All rights reserved.

29 S. LaSalle St.
Chicago, IL

ph: 888-284-8906