Nice bid support, good chance of going into a new range .02+ near term IMO

Kevin Childress CEO MYFT

Former CFO EGOV

http://finance.yahoo.com/q?s=egov&ql=1

Am I glad to see Mike go? perhaps I gave Mike too much credit in the past, I did not like the mis ques on the audit, and other follow through.

The resume of Kevin is impressive. I am looking forward to the future of MYFT, you don't see management credentials like this on typical penny type companies, although MYFT is not typical. It just needs its potential to be fully realized.

Last time I checked 546K, and thin, good bid support, and who knows, maybe this will break out of this trading range with next leg up .023.

Nothing is going on here, game is winding down.

IMO for Tony Baloney and Rick, this charade has not gone un-noticed. One of the worst P+D's in recent memory.

With Tony's wit, and charm (I could see through it) he vacuumed investors wallets dry through his BS pod casts

The bid support was likely from people trying to protect their potential dividends by doubling down.

The game is almost over on this P+D. Now bid within the next couple of weeks IMO

The news is Tony Baloney is likely unloading shares to fund a failed business and/or cash a well deserved pay check

NFLX is a shorters dream. This company will ultimately fail IMO

Press Release Source: Encounter Technologies, Inc. On Monday April 4, 2011, 7:30 am EDT

Encounter Technologies, Inc. will move forward with its development and marketing of technologies in the lucrative Internet Yellow Pages (IYP) and SEO/SEM industries, along with a re-launch of its previously successful FilmRookie.com social web site. "ENTI will continue working towards a Bulletin Board listing, and MusicMatrix.com as a Bulletin Board business with Pegasus will thrive immediately with access to a substantial credit line," concluded DiBiase.

http://finance.yahoo.com/news/Encounter-Technologies-Inc-iw-2264061349.html?x=0&.v=1

That's why I call him Tony Baloney lol

I would like to offer a debt of gratitude to those who hang around this board, even if they don't own MYFT. Who knows, maybe a few had little in assets, and someone offered a helping hand.

If I could I would write 2000 or more thank you's

No banking crisis in Europe Jim, yes there is a jobs problem in the US, Greece, Spain, Italy, will have to put their fiscal house in order, but as far as a run on Euro banks, insolvency, that was over blown. Markets higher from here IMO

Must be a sad day for Soros, Gartner, Chanoetc.

Spreading rumors about a crisis. Stirring the flames a little by some rumors about the health of banks, and then kicking it all with some refusal for USD facilities to European banks. In turn, this helps with some headlines on cnbc etc that european banks face funding problems. and here we go, perfect recipe for an instigated european banking crisis that is none. and then Soros etc stick the label "worse than Lehman" onto it. now, with the usd lend facility european banks are basically cutting themselves loose from us money market and borrow directly form the ecb. This issue should be off the table. European bank stocks go through the roof. no Lehman for now. Sorry Soros.

The velocity of the pump and dump is amazing, the short time frame from spike to tank. Roman candle chart pattern.

More or less now a game to reap as much cash as possible before no bid IMO

This will go to no bid in the near future. P+D

Harvey very mis-leading Tony telling shareholders what his advisors thought the stock would be worth after up-list, .02-.05 cents. Noticed that crap was never PR'd.

VSP supposedly had the most potential, no mention of that platform since Tom was appointed CEO. Again Tom seems like a good guy at ENTI, he was handed an empty bag.

Im sure management is under close scrutiny, past actions have not gone un-noticed IMO.

Tony has serious credibility issues. Notice his twitter account is locked? Perhaps he doesnt want critical comments posted for the non followers to see?

The PTEL fiasco IMO was nothing more than a means to lock up shareholders during the forward split, artificially run ENTI, make ridiculous claims on pod casts like "the non supporters are really quiet, we know what we have here" etc, etc.

A short time later dump a huge amount of shares, then resign just like he did with SREH.

Tony isn't in this for the benefit of the common shareholder, he is in it for his own personal gain, same applies to his brother IMO

Hey Kurupt, nice to see you on board. Haven't seen you around since the wild west days.

Its understood that Mike has not been forthright in communication to shareholders. Im certain he has heard an earful.

3pl, Supply chain is an extremely high growth segment in the freight industry. If MYFT's technology is what I think it is, this will pay off in a big way. I do think Mike assembled a strong management team to make it happen.

Level 2 today looked very positive IMO

atleast there is a little action today, I thought most people are at storm shelter lol

Did you get a post card lol?

Just be patient, it will go to the same levels as ENTI, SREH, and PTEL.

Your welcome plaz, not much going on here yet, but that could change at the drop off the hat.

In the past couple months Mike Head hasn't pumped out BS like other penny CEO's to appease shareholders. That could be a good sign. I think he is listening to a different audience. What will be the outcome? My bet is it will turn out well, just not the timeline that we wanted.

BTW I am a non paying member, that's to all of those out there who haven't noticed already lol.

Multi bagholders is more like it

I wonder if Tony is thinking "I know, I diluted the heck out of ENTI, and left Tom with an empty bag.., just like SREH. Hopefully things turn out different here, I thought for whatever reason there would be more of a pump on this, so far Im a little pissed how things worked out so far"

Its my opinion some of the opinions expressed by Tony on pod casts in regards to the status of the distribution of shares is fictitious without this key item being addressed.

How can you distribute dividend shares without having ownership?

when the Company has received payment in full of $390,000, the Company will issue, and the Buyer shall receive, 79,784,864 shares of the Company’s common stock, par value $.0001 per share (the “Shares”), which, at the time of issuance, will constitute 79.78% of the issued and outstanding shares of the Company’s common stock. Pursuant to the Agreement, and upon final payment of the purchase price, the Majority Shareholders shall also receive such number of shares of common stock of the Company as shall constitute 9.9% of the issued and outstanding shares of common stock of the Company on a fully diluted basis. As of June 30, 2011 the sale had not been completed and 79,784,864 shares have not yet been issued

Is there a filing that shows the 390K paid so that div can be administered?

is Tony waiting for finra approval before paying the debt?

Tony should mention how can the div be delivered when this needs to be addressed? Is it finra, or owners of the shell holding up div delivery?

Subject to certain conditions set forth in the Agreement, when the Company has received payment in full of $390,000, the Company will issue, and the Buyer shall receive, 79,784,864 shares of the Company’s common stock, par value $.0001 per share (the “Shares”), which, at the time of issuance, will constitute 79.78% of the issued and outstanding shares of the Company’s common stock. Pursuant to the Agreement, and upon final payment of the purchase price, the Majority Shareholders shall also receive such number of shares of common stock of the Company as shall constitute 9.9% of the issued and outstanding shares of common stock of the Company on a fully diluted basis. As of June 30, 2011 the sale had not been completed and 79,784,864 shares have not yet been issued

On March 30, 2011, the members of the board of directors (the “Board”) of Pegasus Tel, Inc. (the “Company”) approved by unanimous written consent, and the stockholders of the Company holding a majority in interest of the Company’s voting equity, approved by written consent, the appointment of Mr. Anthony DiBiase as Chief Executive Officer and as a member of the Board, effective as of March 30, 2011. Also on that date of March 30, 2011, Pegasus Tel, Inc. (the “Company”), entered into a Common Stock Purchase Agreement (the “Agreement”) with two shareholders (collectively, the “Majority Shareholders”) who together hold a majority of the issued and outstanding shares of the Company’s common stock immediately prior to the consummation of the Sale (as defined herein), and a subscriber for shares of the Company’s common stock (the “Buyer”). Subject to certain conditions set forth in the Agreement, when the Company has received payment in full of $390,000, the Company will issue, and the Buyer shall receive, 79,784,864 shares of the Company’s common stock, par value $.0001 per share (the “Shares”), which, at the time of issuance, will constitute 79.78% of the issued and outstanding shares of the Company’s common stock. Pursuant to the Agreement, and upon final payment of the purchase price, the Majority Shareholders shall also receive such number of shares of common stock of the Company as shall constitute 9.9% of the issued and outstanding shares of common stock of the Company on a fully diluted basis. As of June 30, 2011 the sale had not been completed and 79,784,864 shares have not yet been issued

From June 1st, 2011 Initial company information and disclosure statement

PART D Management Structure and Financial Information
Item 11
The name of the chief executive officer, members of the board of directors, as well as control persons
A. Officers and Directors

a. Chief Executive Officer: J. Michael Head,7171 W. 95th St., Overland Park, KS 66212. Mr. Head will continue leading all aspects of the company with a special focus on Mergers & Acquisitions and Investor/Stockholder relations.


b. Board of Directors:

Chairman of the Board: Wayne Auer / Founder and CEO of Cactus Software and Co-Founder of myFreightWorld Technologies, 7171 W. 95th St., Overland Park, KS 66212 . Mr. Auer will oversee all facets of the company including all technology-related aspects of the company.

Director: J. Michael Head / Founder and CEO of myFreightWorld Technologies, 7171 W. 95th St., Overland Park, KS 66212. Mr. Head will continue leading all aspects of the company with a special focus on Mergers & Acquisitions and Investor/Stockholder relations.

Director: Patrick J. O'Malley / Founder and President of Shamrock Holdings, 7171 W. 95th St., Overland Park, KS 66212. Mr. O'Malley will provide insight and oversight for the Executive Staff of MFWT. He serves as an independent outside director.

Director: Russ Hafferkamp, 7171 W. 95th St., Overland Park, KS 66212. Mr. Hafferkamp is an entrepreneur and inventor to serve as an independent outside director. He was appointed as a director January 7th, 2011

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=52879

Roping in bag holders

Over 2 years ago when i got involved in this stock, total O/S was roughly 113 mil, now its 304, but in my opinion the company has 3x or more potential than it did in that time frame. Most penny stocks, it would of ballooned a heck of alot higher. This is a real company.

I agree on the premise if the O/S continues to grow without appreciable revenue/profit growth in the future, I will be concerned. Right now the business plan other than the audit not being completed seems to be on much more sold footing

At this level, it does appear float in strong hands, Just need something to get the mojo back. Now more than ever in this industry, if the product is proven to offer cost savings, the pay off on MYFT will be big.

Have no idea what the hold up is on the status of the audit, Im holding on.

I thought this is worth repeating, I posted it over a year ago, just checked and they still hold, even though its not a large amount. interesting a bank owns shares of MYFT

http://finance.yahoo.com/q/mh?s=MYFT.PK+Major+Holders

Top Institutional Holders
Holder Shares % Out Value* Reported
COMMERCE BANK N.A. (MISSOURI) 187,876 0.30 5,636 Mar 31, 2011

Site Information for musicmatrix.com
Get Details

* Alexa Traffic Rank: 1,676,989
* No regional data
* Sites Linking In: 37
*
my opinion, traffic numbers are weak to the MMX site

The trucking industry is changing fast, its smarter routes, integration with intermodal/rail will be the big winners. Holds true for companies developing the technology to manage it, 3PL/supply chain software. IMO

Don't be a stranger plaz, your input is always welcome. Lets hope the substance happens sooner rather than later.

Wonder if paying members of the site will be notified they will be receiving refunds.

Im not 100% sure being a successful company was entirely the goal. Do the math in the number of shares sold by ENTI management/debt holders, etc. Granted there were a bunch of shares given to artists for promotion. Still the over all business expenses, money derived from stock sales seems to raise questions if you look at the financial reports closely.

It is my opinion the financial gain from Management stock sales are well into the millions of dollars. This appears to be a take the money and run, monetarily proper steps were not taken to give the company a chance.

other considerations that may be relevant to PTEL div:

Companies and transfer agents have to notify FINRA of all corporate actions. FINRA then reviews the submission, and if they find it deficient in any of the following five areas, the corporate action will not be processed.

1. FINRA staff reasonably believes the forms and all supporting documentation, in whole or in part, may not be complete, accurate or with proper authority;

2. the issuer is not current in its reporting obligations, if applicable, to the SEC or other regulatory authority;

3. FINRA has actual knowledge that parties related to the Company-Related Action are the subject of pending, adjudicated or settled regulatory action or investigation by a regulatory body, or civil or criminal action related to fraud or securities laws violations;

4. a government authority or regulator has provided information to FINRA, or FINRA has actual knowledge, indicating that persons related to the Company-Related Action may be potentially involved in fraudulent activities related to the securities market and/or pose a threat to public investors; and/or

5. there is significant uncertainty in the settlement and clearance process for the security.


Referral of Possible Non-Compliance with SEA Rule 10b-17 to SEC Staff

Non-compliance with SEA Rule 10b-17 has been an ongoing concern, and FINRA expects the new rule to reduce such non-compliance. An issuer that fails to notify FINRA of a proposed corporate action, as required by SEA Rule 10b-17, is potentially violating an anti-fraud rule of the federal securities laws. The possible sanctions for violating federal securities laws are significant. In addition, transfer agents that knowingly aid and abet such violations may also be subject to possible sanctions. Where FINRA Operations staff has actual knowledge, it will use its best efforts to provide a list of non-complying issuers to the SEC staff.

http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p121988.pdf

If you remember the pod cast when the stock ran when most accounts were frozen, Tony said the non supporters are silent, look what we have here.

On a subsequent pod cast. Tony only mentioned he did not sell, but that's not to say others didn't. If for any reason it is proven the forward split was for the purpose of freezing accounts, stock driven up artificially, and management sold, I do think it could create its own set of problems.

I personally have little confidence in Tony's statements, I think the pod casts were merely a forum to promote the stock for personal/management gain.

PTEL div IMO is in serious jeopardy, and without approval, uplist here not possible.

I think Tom is ok, but the more he fails to talk about prior management, promises, projections, questionable PR's, etc, it doesn't bode well for Tony or Rick's legacy at ENTI

VSP sale looks bad, if prior management sold shares during the time frame of the forward split, that shareholders accounts were frozen, that could be another concern.