Replies to post #9188 on 141 Capital Inc (fka ONCP)

[songbirdia]

Thanks very much, Allie.

[Gbathat]

Thanks Allie!

Imagine that, Paul and Errol trying to empower the average joe/jill to access top of the line investing strategies... I like that philosophy very much and hope it creates a great market for them.

[mtncabin]

Thank you for the clarification on how this might work. This leads me to the next set of questions. How will the LLC operate? I think they have to remain an independent entity including custody of their assets. How will 141 interface with them? Will 141 simply offer recommendations for trading or will 141 actively manage their accounts held in brokerage accounts through a "contractual" arrangement?

Also, I don't know what 141's definition of fixed costs are. However, a bare minimum estimate would be at least $25,000 per quarter (rent, utilities,fees, etc.) excluding any salaries. To cover their fixed costs per the PR they have to generate gains of $100,000 per quarter for the fund ($400,000) at a fee rate of 25%. That equates to a gain of about 8%/month.

IMO, given our current economic climate, there should be a lot of interest in forming LLC'S even paying a 25% commission to get this kind of return. IMO, a reason for publishing 141's performance record could be to attract additional LLC'S.

All just opinions, please do your own DD.