141 Capital Inc (fka ONCP)

[jcrom56]

Here is the press release copied directly from 141's website:

141 Capital, Inc. Commences Trading for Its Seasonal Trading Pool I
Wednesday, 10 December 2008 08:31

CHICAGO, Dec. 10 /PRNewswire-FirstCall/ -- 141 Capital, Inc., (Pink Sheets: XXIS) announces that it commenced trading through its 141 Seasonal Trading Pool I, LLC ("STP1"), a pool organized under an exemption granted by Section 4.13(a)2 of the Commodity Exchange Act. STP1 will trade futures and options contracts listed on domestic exchanges in grains and the soy complex (CBOT, KCBT, MGE), energy (NYMEX, ICE), softs (ICE), meats (CME), interest rates (CBOT, CME), precious and strategic metals (CBOT, COMEX), and foreign currencies (CME).

STP1's system is based on trading seasonal futures and options spreads. Spread trading involves holding a long position in one future(s) or associated option(s) contract and a short position in a related future(s) or option(s) contract, or contract month, in order to potentially profit from an anticipated change in the price relationship between the two. Trading spreads generally reduces risks associated with price movements in markets, and, consequently, the volatility of those price movements.

141 Capital intends to generate revenues from the pool through a contractual relationship with STP1 including incentive fees of 25% of any new profits. Commencing the end of December 2008, 141 intends to post a monthly trading track record for STP1 on its web site (http://www.141capital.com) and through Barclay Hedge (http://www.barclayhedge.com). Depending upon the success of STP1, 141 Capital should achieve revenue traction sufficient to satisfy its fixed expenses during the first quarter 2009.

"Prior to commencing live trading, the Company traded the systems in a simulated environment for over three months. We are very excited about the results STP1 achieved during the simulation," stated Errol Stone, CEO of 141 Capital. "Since the pool is based upon high probability spread trading and duet to prevailing market conditions, we believe it to be a quality alternative to many traditional investment products."

About 141 Capital, Inc.

141 Capital, Inc. is a registered Commodity Trading Advisor based in Chicago. It utilizes electronic trading systems for trading futures and options products listed on the world's derivatives exchanges.

Forward Looking Statements

This press release contains statements that may constitute "forward-looking statements." These statements present management's expectations, beliefs, plans and objectives regarding future financial performance and assumptions or judgments concerning such performance. There are a number of factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking statements.