"The trading symbol of OTCBB and Other OTC issues will be changed concurrent with all corporate actions.Corporate Data Operations will assign a new trading symbol with the effectiveness of the corporate action.We DO NOT accept requests for new symbols."
What would the corporate action be? On the 141 website, it says, "As of January 21, 2009,the Company's name for trading purposes was changed to 141 Capital, Inc. and its trading symbol was changed to OFON."
from wikipedia... A corporate action is an event initiated by a public company that affects the securities (equity or debt) issued by the company. Some corporate actions such as a dividend (for equity securities) or coupon payment (for debt securities (bonds)) may have a direct financial impact on the shareholders or bondholders; another example is a call (early redemption) of a debt security. Other corporate actions such as stock split may have an indirect impact, as the increased liquidity of shares may cause the price of the stock to rise. Some corporate actions such as name change have no direct financial impact on the shareholders
God grant me the serenity to deal with the things I cannot change; courage to change the things I can and should; and wisdom to know the difference.
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