Encounter Technologies, Inc (ENTI)
-In due course, following its redomestication to Delaware and subsequent (non-bankruptcy) reorganization as National Properties Trust, Mr.Hudson and Mr. Grande will begin to transfer new and existing commercial and residential real estate assets located in Western New York to the company. In addition to it owning and operating real estate that is not associated with the company's affiliates, Mr. Grande and Mr.Hudson intend to use National Properties Trust to own all of the real estate that is owned or that will be acquired by the company's affiliates. Thereafter, the company will aggressively begin to evaluate commercial and residential real estate portfolios for acquisition by the company in Nevada, Florida, Utah, Delaware, Maryland, South Carolina, Illinois, Ohio, Connecticut, and Iowa.
- As soon as is practicable following the transfer to and/or acquisition of the initial real estate portfolios by National Properties Trust,the company will either file a registration statement on Form S-1 under the Securities Act of 1933 (with a subsequent registration statement on Form 8-A(12-B) under the Securities Exchange Act of 1934 together with a notice of election on Form N54-A under the Investment Company Act of 1940) or on Form N-2 under the Investment Company Act of 1940, to register all of its then authorized debt and equity securities. The company's ultimate goal is to conduct itself as a real estate investment trust. Mr. Hudson indicated that the company will undertake the registration of its securities during the third or fourth calendar quarter of 2014.
- Following the effectiveness of its registration statement(s) and after acquiring a certain number of real estate assets, the company intends to apply for a listing on the NYSE Alternext Tier (formerly the American Stock Exchange). Mr. Hudson indicated this would not occur prior to the end of the first calendar quarter of 2015.
EMS and First Hudson intend to complete ENTI's integration into their system of companies by the end of calendar year 2014. EMS and First Hudson are acting to posture ENTI to do business with their affiliated companies now. ENTI will announce its relationship to the EMS and First Hudson affiliates in a separate announcement prior to 17 January.
List of Affiliated Companies
Electronic Merchant Systems Rochester, Inc.
First Hudson Trust
Central Wireless, Inc. (CWIR)
Hall of Fame Beverages, Inc. (HFBG)
Real American Capital Corporation (RLAB)
Oncology Medical, Inc. (ONCO)
First Intercity Bancsystems, Inc.
Randolph S. Hudson Chairman, President, CEO
Dean Denton, Sr Executive VP Corporate, Secretary, Admin. Officer
David Howes, Senior VP
Michael P Grande, Vice Chairman
Matthew R. Buckway
Marlene R. Burke
2350 North Forest Road
Getzville, NY, 14068
|Market Value1 ||$1,474,035 ||a/o Dec 20, 2013 |
|Shares Outstanding ||14,740,350,085 ||a/o Sep 30, 2013 |
|Float ||13,349,672,064 ||a/o Sep 30, 2013 |
|Authorized Shares ||30,000,000,000 ||a/o Dec 20, 2013 |
|Par Value ||0.001 |
|Shareholders of Record ||1,228 ||a/o Dec 19, 2013 |
Pacific Stock Transfer Company
4045 S. Spencer Street, Suite 403
Las Vegas, NV 89119
Phone: 702-361-3033 Fax: 702-433-1979