Now if they would ever tell us something about share structure and financing issues one could paint a picture about the stock. But with this selling going on its impossible to buy this stock.
1) You are hereby requested to convert Shares of Series C Preferred Stock into Common Stock, as per 141 Capital’s Amended and Restated Articles of Incorporation. Should the conversion of these shares result in the beneficiary’s holdings exceeding 10% of the issued and outstanding Common Stock of 141 Capital, you are hereby requested to (clearly indicate one):
a. Adjust the number of Series C Preferred Shares converted such that the total holdings of ONCP Common Stock will not exceed 10% and issue unrestricted Common Stock.
b. Convert the number of Series C Preferred Shares requested and issue restricted Common Stock.
2) The Series C Preferred Share Certificate being converted is Number for shares. This certificate is (clearly indicate one):
a. Included with this request
b. Held by 141 Capital from a previous request.
3) In the event that the Series C Preferred Shares converted are less than the current value of the certificate, please (clearly indicate one):
a. Hold the remaining Preferred Shares for my account.
b. Forward a new certificate for the remaining Preferred Shares.
4) The Converted Common Shares are to be issued for the benefit of:
Name: Social Security #: Address: For full value received, I hereby sell, assign, and transfer the above disclosed shares.
As of this date, the entity identified in 4 above holds shares of ONCP Common Stock. Series C Preferred Shareholder – Signature Print Name
MAILING INSTRUTIONS: This Series C Preferred Stock Conversion Request, along with the above listed Preferred Certificates, should be mailed to 141 Capital, Inc. at the following address: 29 S. LaSalle St., Suite 333, Chicago, IL 60603.
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