Mr_Lotto3000's Penny Plays

[SAMadMoney]

ONCP News, No R/S decent entry point.

Errol Stone, CEO, stated: “Many shareholders have asked whether 141 has any plans to reverse split its stock. I can categorically assure our shareholders that we do not have any plans to affect a reverse split at this time. Rather, we are actively implementing a non-dilutive plan to reduce the common shares issued and outstanding.” As previously announced, the company’s principals have directly contributed a total of 310,000,000 shares of common stock to the treasury to be canceled, in addition to contributions of 210,141 shares of Series A Convertible Preferred Stock which, when converted, are the equivalent to 550,811,833 shares of common stock. Furthermore, the Board previously authorized the acceptance of up to 620,000,000 million shares from Messrs. Strickland and Stone. As these measures would indicate, the Board of Directors is firmly dedicated to the enhancement of shareholder value, in both the short term while our technology development continues, and in the long term throughout the company's growth.