Replies to post #13051 on 141 Capital Inc (fka ONCP)

[tpinvest05]

I don't mean you lie, I just want to make sure that you know if they have held on to some of your Preferred or not.

If all your 3000 Preferred shares were converted to Common, and you only got 108000 shares. I don't think the company is doing something legal. Even though they may argue there is a R/S on Preferred. Without a formal PR, it is, in my opinion, illegal.

thanks!

[ThSeeker]

Physicsman Could you ask your broker if 141 gave you you a mix of common and pref'd on your conversion would the pref'd be seen in your portfolio as does the original pref'd? I would think they would be seen. If so and you don't have any then we know for sure they are giving in effect a RS to the pref'd. They converted you at a common share price over .02.
Frankly The way the screw things up many it is just a stupid mistake on 141's part. We do need to get to the bottom of this.