Business Status Update of 141 Capital, Inc. Wednesday June 18, 9:00 am ET CHICAGO, June 18, 2008 (PRIME NEWSWIRE) -- 141 Capital, Inc. (Other OTC:XXIS.PK - News) today announced the progress being made in its ongoing start-up operations. 141 Capital is currently working on three system trading programs. Testing of
two of these programs has produced outstanding returns.
It is currently anticipated that
141 Capital will commence trading in August.
The Company filed its Disclosure Document with the
National Futures Association in early June and anticipates its approval no later than the end of the month
end of the month (JUNE). Once approved, 141 Capital will be able to solicit for customer CFA accounts.
The Company is commencing to build its sales organization.
141 Capital has contracted with Tavros Technologies, Inc., Chicago, IL to build its permanent website. Errol Stone, Chief Executive Officer of 141 Capital, stated that,
``The second iteration of the website should be received this week with the website up and running in mid-July.''
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.