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correction now 864K at .0046, lol
not that long, 365K at .0046 lol
Descent bid support, gradual increase in PPS over the last couple days on MYFT
Rick and his worthless sidekick Chris Jensen on previous scams would supposedly do consulting services and get pref shares to sell.
I decided to come back after a little break, I got tired of the drama. I won't be as active policing the board. I do think the audit will be released in the near future. Childress knows we are tired of the delays, I do like the way the last delay was handled with explanation on the MYFT web site to satisfy current investors. If completed there will be alot of eyes on this stock. Very few companies can make the claim of uplisting. It is my opinion after audit a positive chain of events could occur. MYFT would not put in the time, and money without good reason IMO
you seem to be wound up today x lol
I would have to look it up, I think they are authorized as collateral for 3plinabox.
What a BS PR from Management, if that's what you want to call Rick and his sidekick Chris Jensen. My opinion they are nothing more than con artists
Rick Wilson should have a live Conference call on Aug 21st that investors can call in and ask questions. If not Rick should address concerns investors have in regards to conversion of pref shares, his association with Jensen, Wilson, Jacobs, etc
that would suck if that happened lol
thats one of your better posts lol
You raised valid points, perhaps Tony promised they would appear in a respect the jux, or a green gobblin vodeo.
I thought it was a good post to read. Interesting that he said this destroyed his relationship with his parents Why would that be, did they tell him he was a crook as well? did they choose sides and side with Rick?
CJ, Tony also stated on Podcast he had a substantial line of credit in place for PTEL, and filings proved otherwise.
IMO the legal ball is beginning to roll and the finger pointing has begun
Could it be the legal process has been set in motion, and Tony Baloney wants to be on the side of investors?
We went thru this numerous times, very simple, post who the buyer is on the board.
When he does Ill make this promise, Ill never post on the ENTI board again.
If he feels slighted, he should mention the VSP buyer for 1.75 million. lol
But Tony Baloney will never, do that, unless he is forced during legal proceedings
Im not bothering to write him, he knows that is the smoking gun that will expose the fraud.
Nothing will be gained talking to Tony Baloney, Ill give you a challenge ask him who the customer was who bought VSP for 1.75 million, and post it on the board. If I had to guess he will go into silent mode
Obvious Tony Baloney feels slighted that he didn't profit on this P+D like his worthless brother Rick, now he is washed up.
If Tony goes the path of exposing his worthless brother he will also expose the fraud he committed as well. At this point, maybe it doesn't matter to him. IMO
Eventually Rick and Tony will pay dearly for this P+D IMO.
One of the worst Ive witnessed
the fraudulant ENTI PR's will catch up to Tony and his worthless brother Rick
It makes sense Tony Baloney doesn't know how to manage his money or run a business. Hopefully his creditors make it difficult for him to walk away from his obligations like he walked away from ENTI, PTEL, SREH, and past debts
I noticed Rick didn't include his tenure at ENTI on his bio, I wonder why lol
he figured out he couldn't unload stock like Tony Baloney and his worthless brother Rick, so why bother putting any effort into it.
It amazes me for how much money was lost in this scam, no one publictly stated they are going after the dynamic duo of P+D
To even discuss PTEL certs is pointless In case you didn't notice PTEL was used for a Rick Dibiase (what a winner he is) debt conversion.
The focus should be providing all relevant info of this scam to the SEC or shareholders retaining an attorney and prosecuting.
I give Kevin credit for his conservative statements. If completed MYFT will be one of the few companies that go from pink to fully reporting.
Lets hope one of those reasons to take this major step includes shareholder value to the individual shareholder.
What a POS this turned out to be. Fritz Jensen and Slick Wilson, another failed P+D scheme. IMO
If it goes under .0050 on heavy volume it will be game over, although its beeen looking that way for quite some time. Surprised no explanation on status of audit.
I could of said I can picture Jensen with his belly hanging over the keyboard trying to press the sell button?
Chris Jensen, Rick wilson pump and dump IMO
In retrospect a reporting shell should have been purchased instead of paying auditors hundreds of thousands of dollars to try to straighten out this mess.
Lets see how this turns out, fully expecting another delay, at the very least investors are owed an explanation.
My opinion the audit is due end of June, and that was the worst case scenario, it was originally expected April 30th
OVERLAND PARK, KS--(Marketwire - Apr 26, 2012) - myFreightWorld (PINKSHEETS: MYFT) announced today that its audit will be delayed 30-60 days."I am as frustrated as our public shareholders that we will not be able to keep our promise to audit our books and present those results by April 27," said Kevin C. Childress, President and CEO. "The good news in this situation is that the entire delay is the result of several complex transactions undertaken by previous management during 2010 and 2011, prior to my arrival. These transactions have important implications for tax and balance sheet entries not only for MYFT but for the previous owners of myFreightWorld.com, who also happen to be some of our Board members. The intricacy of these transactions has required us to spend hundreds of hours and thousands of dollars in getting the entries right and in accordance to both GAAP and the US Tax Code. We are required to do this in order to present the independent auditors of MYFT with year-end balance sheets for 2010 and 2011 that can be certified. That first step is necessary so that we can present our financials in GAAP for 2011 and beyond."
"We continue to expect profitability on an EBITDA basis during the third quarter and after. That is the most important thing to us right now," said Childress.
Childress concluded, "Importantly, the transactions of previous management and ownership have absolutely no bearing on the operations of the Company at the present time. So the information void in which investors find themselves is due to events of one and two years ago that are totally irrelevant to our current operations and prospects. We are bringing this situation to a conclusion as soon as possible. Also very important is the fact that we will complete an audit. While I dislike the lateness of the timing, it is more important to get it right late than wrong early."
Hope Childress provides a PR this week if there is another unexpected delay. Although at this point expect the unexpected lol
nothing more than a Jensen, Wilson stock selling scam IMO
Rick Dibiase is on the hot seat for this PR, looks like he will have some explaining to do with the SEC
ENTI Turnkey IP Turns $1.75M Revenue in Milestone Agreement
Encounter Technologies Lets Its Intellectual Asset Do the Walking in Deal for Video Sales Platform
NEW YORK, NY--(Marketwire - July 15, 2010) - Encounter Technologies, Inc. (PINKSHEETS: ENTI) CEO, Rick DiBiase, is pleased to announce that the company has sold its patented Video Sales Platform (VSP), a concept designed for the Internet Yellow Pages Industry, to a corporate purchaser for 1.75 million dollars.
The deal took place in the wake of what was originally to be Encounter's own launch of the platform, until it was evident that the company could secure revenues without letting go of the software itself. Negotiations won Encounter the right to sell VSP under non-exclusive terms, which means, "We receive the money and also keep the ability to develop and market the technology," states DiBiase. "This was a win-win deal for certain as, first and foremost, we've proven to monetize an intangible asset in development to the tune of nearly 2 million dollars."The Agreement is understood by both parties that the purchaser name will stay anonymous and will wholly acquire VSP for $1.75m, but because the software platform can be tweaked for a number of applications and potential business models, it was agreed to forego any non-compete clause and left rights to the base VSP technology with ENTI, resulting in Encounter's ability to still develop a solution with the software for its own use. "It's the great thing about Intellectual Property: so long as the agreement allows, you can monetize the IP in several different fashions, even concurrently, which allows for additional company reserves as well as substantial operating and development capital which we feel is quite an advantage for ENTI and its shareholders."
Encounter will continue to develop the software in-house for its own unique offering to the independent Yellow Pages publishers online, utilizing an aggressive mass media marketing campaign paired with a high-profile celebrity spokesperson. "We have some great ideas for the VSP technology that we'll be developing as we forge ahead with the booming MusicMatrix.com, announcing its celebrity spokesperson in the coming days, in line with our strategic DISH Network campaign and progressive internet hits."
About Encounter Technologies, Inc. (ENTI)
Encounter Technologies, Inc. provides end-to-end technology and online marketing services, including design, build, hosting, and online marketing support. We specialize in social media, video technology, and online entertainment web solutions. Encounter Technologies, Inc. utilizes their pre-built applications to provide the platforms in which to base solutions for businesses looking to utilize video technology to increase online collaboration and interaction. Our goal is to provide our clients with the best methods to increase user value and achieve desired business results. Simply put, Encounter Technologies, Inc. transforms ideas into revenues. For more information about Encounter Technologies, Inc., visit www.encountertech.com.
About MusicMatrix.com
On MusicMatrix.com, users are able to participate in music video editing competitions in order to win both prizes and recognition. Encounter Technologies, Inc. (ENTI) has developed a cutting edge, innovative, and simple to use platform for MusicMatrix.com, which facilitates the video uploading, editing, sharing, and viewing experiences. By creating an environment which rewards both innovation and creativity, users are given the incentive to implement their own unique online marketing campaigns in order to expose a particular artist or song to populations and demographics not typically reached through standard mass campaigns.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Encounter Technologies, Inc. under take no obligation to update such statements.
What happened to the 1.5 million owed for VSP? you know why that will never be addressed? it will expose Tony and worthless brother Rick.
No mention of the 1.5 mil for VSP, he wont bother pursueing that because Rick was involved in that P+D PR.
you cant do anything without money, this shell is unpumpable. Thomas was handed an empty bag courtesy of Tony Baloney and his worthless brother Rick.
Calling Rick, or Chris Jensen for that matter isn't DD. Both individuals are washed up. The only thing they know is pump and dump IMO
My guess is that is a yes, this is nothing more than a pump and dump scheme. IMO