Replies to post #11174 on 141 Capital Inc (fka ONCP)

[Gbathat]

thanks for posting it here Seek, that's where I meant to post it...

I think, based on those numbers, that what 141 has accomplished cannot be that easy. Otherwise, wouldn't there be many other small trading pools reporting the same levels of returns?

I'm looking forward to more details from the company.

Have a good one,

Gbathat

[mtncabin]

Some additional information on what a 273% annual return means.

First, the 11.61% return for the month is after the 25% commission. So, the gross return is 11.61/.75 = 15.51.

Doing the math by compounding (monthly) the gross monthly return and deducting the 25 % management fees monthly you get the following results for a 12 month period.

For every $1000 of initial investment, at the end of the year the customer has $3739 in his/her bank account; a gain of $2739 net of commissions and fees.

The management company has accumulated $912 in fees (at the 25% rate) at the end of the year.

This is simply math and is not intended to reflect on 141's ability to produce these kind of returns. Please do your own DD and draw your own conclusions.