141 Capital, Inc. Announces Reduction of Outstanding Shares and Current Capitalization

141 Capital, Inc. announced that management today returned 310,000,000 shares of common stock held by CEO Errol Stone and Chairman Paul D. Strickland, Jr. to the treasury. Chicago, IL, January 20, 2010 -- 141 Capital, Inc. (OTCPK:...   [Plus]

141 Capital, Inc.
announced that management today returned 310,000,000 shares of
common stock held by CEO Errol Stone and Chairman Paul D.
Strickland, Jr.
to the
treasury.

Chicago, IL, January 20, 2010 -- 141 Capital, Inc.
(OTCPK: ONCP).
141 Capital, Inc.

announced that management today returned 310,000,000 shares of common stock held by
CEO Errol Stone and Chairman Paul D.
Strickland, Jr.
to the treasury.
To date
management has contributed 620,000,000 shares of personally held stock as its
commitment to increase shareholder value.
As of January 15, 2010 the issued and
outstanding common shares were reduced to 1,072,593,732 through management s
contributions.
The number of shares authorized by 141?s Articles of Incorporation
is 5,000,000,000.
The issued and outstanding common shares include 300,685,714
restricted shares issued to Spooz, Inc.
per the Company s technology licensing
agreement with Spooz.

Of 10,000,000 shares of authorized Preferred shares, there are 516,020   [Moins]

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