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Your post has statements that are unknown to

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cjctrader Member Profile cjctrader Member Level 
Friday, July 06, 2012 10:23:09 AM
Re: saralove post# 139555 Post # of 144584 
Your post has statements that are unknown to the trading public.
i.e.
"those cents are printed with the names of the investors who are waiting for them".
How is it that you know this?

Here's reality known to the trading public:
Anthony DiBiase was unable to get MusicMatrix off the ground.
He did not meet the necessary payments that PTEL owed Passalaqua, the previous owner of PTEL.
Therefore, PTEL went back to Passalaqua and MMX was left as Tony left it, dead in the water.

Thomas Hargis had the option to:
a) Keep the divy's status quo, i.e. with PTEL, BUT ENTI would have no ownership of MusicMatrix, which was in the possession of PTEL.

If this occurred, PTEL's new owners simply had to issue a R/S (which is in process) to negate any real future value of the divy shares)
Since there seemed to be no interest in the new owners of PTEL to resurrect MusicMatrix, original investors of MMX had a lose/lose situation of their initial investment of MMX.
OR

b), cancel/rescind the divy's BUT get MusicMatrix back in the hands/ownership of ENTI to attempt another go of it.

Therefore, with the divy's being cancelled, and MusicMatrix going back to ENTI, at least there remains some potential for ENTI's shareholders to gain value of their initial investment.

In the end, it has been proven that the exercise that DiBiase executed of the move of MMX to PTEL ultimately was not successful.


Each person should consider my postings as my opinions only and do your own due diligence before considering to invest in any stock. My postings are not intended to influence the reader's trading decisions in any way, nor do I recommend same.
Encounter Development Technologies Inc. (ENTI) Stock Trading Info:
Encounter Development Technologies Inc. ENTI Stock Quote Encounter Development Technologies Inc. ENTI Stock Charts Encounter Development Technologies Inc. ENTI Financial
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