141 Capital, Inc. Update on TradeTablet(TM)
May 20 2010 - 11:52AM
Marketwired
141 Capital, Inc. (PINKSHEETS: ONCP) announced today the completion
of a prototype of TradeTablet by its partially owned subsidiary,
Wind River Development Corporation ("WRDC"); a beta test version
will be completed shortly. Once TradeTablet is ready for the
market, 141 will apply to the National Futures Association to
become an Introducing Broker. Since management is relying upon
TradeTablet to conduct business as Introducing Broker, 141 asked
WRDC for an update on development progress as well as its plans for
TradeTablet.com.
As of May 14, WRDC reported that the prototype enables it to
demonstrate the flexibility and power of TradeTablet to strategic
allies and potential investors. A number of demonstrations have
been performed. The beta version will be released shortly to up to
100 traders. Initially, basic TradeTablet software, real-time data
and other services will be made available to customers of 141
Capital (upon completion of its NFA registration) and Interactive
Brokers at no cost. These customers will have the ability to trade
futures and futures options through 141 Capital, and a
comprehensive range of investment products through Interactive
Brokers such as stocks (including OTC and Pink Sheets),
derivatives, options, funds and bonds listed on exchanges around
the world.
Paul D. Strickland, Jr., WRDC's CEO, reported to 141 Capital
that development was slowed down due to the complexity of the
platform. Mr. Strickland stated, "Software development is not a
perfect science. You constantly run into challenges; the
development team has managed overcome those challenges. Now that we
have a working prototype, WRDC can move forward and demonstrate the
product. I am confident that a beta version will be available
shortly."
Errol Stone added, "After seeing a demonstration of the
prototype, we can now approach strategic partners with what we
believe to be a unique marketing tool."
About 141 Capital, Inc.
(www.141capital.net) 141 Capital, Inc. is a publicly traded company
based in Chicago. Its primary operations involve commodity trading
for its own account. 141 is in the process of registering as an
Introducing Broker with the National Futures Association to enable
it to offer futures products to the general public. To attract
customers, 141 will be utilizing TradeTablet and strategic
partners' product lines.
Contact: 141 Capital, Inc. Errol Stone 312-513-4365
141 Capital (GM) (USOTC:ONCP)
Historical Stock Chart
From Oct 2024 to Nov 2024
141 Capital (GM) (USOTC:ONCP)
Historical Stock Chart
From Nov 2023 to Nov 2024