141 Capital Announces No Reverse Split

CHICAGO--(BUSINESS WIRE)--141 Capital, Inc. (OTCPK: ONCP).

141 Capital, Inc.'s management announced today that it has no current or future plans to reverse split its common stock.

Errol Stone, CEO, stated: “Many shareholders have asked whether 141 has any plans to reverse split its stock. I can categorically assure our shareholders that we do not have any plans to affect a reverse split at this time. Rather, we are actively implementing a non-dilutive plan to reduce the common shares issued and outstanding.” As previously announced, the company’s principals have directly contributed a total of 310,000,000 shares of common stock to the treasury to be canceled, in addition to contributions of 210,141 shares of Series A Convertible Preferred Stock which, when converted, are the equivalent to 550,811,833 shares of common stock. Furthermore, the Board previously authorized the acceptance of up to 620,000,000 million shares from Messrs. Strickland and Stone. As these measures would indicate, the Board of Directors is firmly dedicated to the enhancement of shareholder value, in both the short term while our technology development continues, and in the long term throughout the company's growth.

Mr. Stone also noted that any further reductions in the company's common shares issued and outstanding will be announced. It will also be announcing forthcoming business developments shortly.

About 141 Capital, Inc. (www.141capital.net)

141 Capital, Inc., is a publicly traded company 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.

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: [e-mail].