141 Capital Inc (fka ONCP)

[funmaxus]

Questions Regarding Offer:


Before I make a decision on this matter, I would want additional clarification first. Please see the legal definition of preferred stock here:

http://legal-dictionary.thefreedictionary.com/Preffered+stock


#1. Is this a Cumulative or Noncumulative offer of preferred stock?

#2. If this is a non-cumulative stock offer, then I would like to have a written statement as to the extinguish rate in the event of insufficient earnings.

#3. After reading the PR and conversion information, there is no mention as to the % profit paid for owner of preferred stock, before common stock is paid. Remember common stock depends heavily on P/E (for a real stock that is).

If anyone happens to know the answers to the above, kindly step in and advise accordingly.

Thank you for your valued time.


If anyone happens to know