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NEWS OUT
Encounter Technologies (ENTI) Releases Details on this Week's Forward Stock Split
Pegasus Tel (OTCBB:PTEL)
Intraday Stock Chart
Today : Monday 25 April 2011
Encounter Technologies (ENTI) Releases Details on this Week's Forward Stock Split
PR Newswire
NEW YORK, April 25, 2011
NEW YORK, April 25, 2011 /PRNewswire/ -- Encounter Technologies, Inc. (ENTI.PK), a Company specializing in social media, video technology and on-line streaming solutions, is pleased to announce that this Friday, April 29th is the last day to purchase ENTI stock to be eligible for the forward stock split. Shareholders of record at the close of business on Friday will benefit from the 1.033 for 1 forward split.
"As I previously stated, this forward split is another step forward in our evolution as a Company and credible enterprise," stated Encounter Technologies CEO Anthony DiBiase. "As a result of this forward split, all ENTI shareholders will increase their stock holdings on the record date by 3.3 %. It is also part of the plan to accommodate the pending one-for-one dividend from Pegasus Tel, Inc. (PTEL.BB)."
The payment process for the forward split is similar to past dividends that were issued. If the shareholder's stock is with a broker, that broker will submit the paperwork for the shareholder to the transfer agent to receive their additional shares in their trading account. Shareholders who do not have their stock with a broker will need to return their old certificates to the transfer agent to receive their additional shares. Since the Company was required to get a new CUSIP number for the forward stock split, investors should also be aware that the time to process these additional shares is slightly longer as compared to the payment of a dividend. Questions about the process should be directed to:
Mikki McGehee, Client Services Pacific Stock Transfer Company 4045 South Spencer Street, Suite 403 Las Vegas, NV 89119 Email: mikki@pacificstocktransfer.com Telephone: 702-361-3033 x 109 Fax: 702-433-1979
As the new CEO for Pegasus Tel, Inc., DiBiase declared a payment of Pegasus shares to ENTI in exchange for the MusicMatrix technology, which ENTI will distribute on a one-for-one basis to ENTI Shareholders. On a dividend payable date soon to be announced, ENTI will provide all current ENTI shareholders with one share of Pegasus for each share they hold in Encounter Technologies. "ENTI Shareholders have double the value with the Pegasus shares, and this forward stock split increases shares they will receive in Pegasus, a fully reporting company trading on the Bulletin Board," adds DiBiase.
"With my pending acquisition of PTEL and transfer of the MusicMatrix technology, I am excited about the potential of Encounter to now function and grow as the "incubator" for technologies that we develop and market. This has always been the defined long term core capability and objective for ENTI. The forward split and agreement with Pegasus will also accelerate both companies achieving their long term goals. We are very optimistic about all our future business in this evolving corporate enterprise," concludes DiBiase.
ABOUT ENCOUNTER TECHNOLOGIES, INC. (PINKSHEETS: ENTI) Encounter Technologies, Inc. specializes in social media, video technology and on-line entertainment web solutions. The Company utilizes pre-built applications to provide platforms for businesses interested in utilizing video technology to increase online collaboration and interaction. The goal is to provide 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.
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.
Industry Keyword:Subject Code: Media and Entertainment: Information ServicesProfessional Services: Advertising, PR and MarketingMedia and Entertainment: TelevisionMedia and Entertainment: Music and Radio
SOURCE Encounter Technologies, Inc.
Just making light of the constant people who post about membership numbers. IMO I could care less about paying members. In my world MMX does not need paying members and will make enough off of the $$$$ generated by ad revenue on the site. That is where the big $$$$ is. Not charging some kid $19.95 a month to edit Snoop Dog's new video.....
IMO
Of Course
Good Day to all EYSM Longs
Looking for another good week here
Yeah 1.5 million subscribers sounded like a conservative number on my part
Anyone get their "pre-ordered" charger yet?
Currently there are 1.5 million paying members
Give or take 1.5 million or so.....
Are we at .25 yet?
Looks like cpw13154 was working OT this weekend - great job
Besides stepping down as Mod - Adding cpw as an Asst Mod was probably my second best action
Follow Mark to Mod and Assts for this board
Keep up the great work
And GLTA longs
Go $APCX
After reading the board over the last 3 days - maybe there is hope......
But Intregen already HAS a patenet and GOIP is suing Intregen?
Established in 2008 by Alexander C. Lang (Chris), the inventor of internet-based telephony (Patent US 6,804,225B1), Intregen is a Singapore-based technology company, focused on providing the next generation of mobile telephony products for businesses and individuals. Our customers are global and our products cater to the global market
Intregen are the inventors and patent holders of GenTalk(TM), a revolutionary new way to place and receive calls on mobile phones, as well as AlphaCall(TM) Call-by-Name technology.
We sell our products directly to end-users, as well as offering them through a variety of global and regional channels including Distributors, Resellers, Carriers, Service Providers, Call Centre Operators, Portals, Social Networks, and other organizations. Additionally we license our technologies for 3rd party Corporate and Consumer applications.
Good Morning All
Since I start work now at 3am each day and I am amped up on enough java to kill a small horse - I am intrigued by the Euro buyout talk.
I too saw that encrypted message in a PR but at the time didn’t think anything of it. bluesky and punk now have the little hamster in my head churning his wheel....
Oh the possibilities!!
GLTA Longs $HNSS
$1.00?
.50?
.01?
Hell give me .0005 first!!!
Getting carried away but you get the picture.....
Is there a reason MMX is getting Spun Off?
Is eOne planning on doing something?
I am just saying........
I wish I NEVER met you GOIG!!!!!!!!
I did my part bought another 214877 and 500k blocks to make my number nice and even for that 3.3% bump
Has anyone tried to buy any shares?
I placed an order for 1000 just to see it go through online
TDA states:
The symbol could not be found. Please contact a Broker for assistance with this order.
Very happy to see a stable list of mods for this board
Slow and Steady wins the race for pennys
I for one while skeptical at first am starting to feel better and better about APCX and its future
Man if only our shareprice reflected the many many times I have seen TYTN on Ihub's most active baords..........
I have resigned as Mod
I apologize to everyone as I had abused my power the last couple days and got delete happy
I found it to be easier to use the ignore user feature in Ihub's software
I strongly recommend to any long and strong to use this feature as to not get sucked into the negativity
GLTA Longs
$APCX
Did someone just post they have over a million shares?
If so - I HATE you
But seriously......was very happy to see the run to .26 and i am very happy for the flippers who got their lunch money and then some....
i am in for the long haul however with my 101k shares so that 2.50 to 4.00 a share once 2-3 more drugs are being distributed will make me a happy man.
I just wanted to call out the people who stated they contacted the TA and it was verified the A/S has increased.
No one has shown me proof that it has. I so do hope Mr Ottens goes through with his John Doe lawsuit against these people.
http://www.transferonline.com/
I emailed the TA and they stated no A/S increase
---------- Forwarded message ----------
From: Transfer Online Agent <info@transferonline.com>
Date: Thu, Apr 14, 2011 at 1:22 PM
Subject: RE: APCX (Tracking #: T083-350)
To: XXXXXXXXX
In our agreement with our clients we state that we will not be a source for this information, Apptech has made a special arangment with us to have us provide it but they are the exception and not the rule. As a transfer agent we are not requried to provide this infromation to holders and it is not cost effecive for us to do so due to the liabiilaties for miss qoutes.
---------- Forwarded message ----------
From: Transfer Online Agent <info@transferonline.com>
Date: Thu, Apr 14, 2011 at 10:55 AM
Subject: RE: APCX (Tracking #: T083-351)
To: Robert Siwinski <rob.siwinski@gmail.com>
The as has not changed
-----Original Message-----
From: XXXXXXX
Sent: Wednesday, April 13, 2011 05:41 PM
To: Transfer Online <info@transferonline.com>
Subject: APCX
As of Feb 2011 the A/S was 7.5 billion. Can you please provide the shareholders with an updated count. People are stating the A/S has doubled. I need to verify that the sky is indeed not falling.
Sweet
I sent an email today but will follow up with a call tomorrow
"I met her in Monterey, in old Mexico"
I also pay to post here so I will post pretty much anything I want that is within the code of conduct.
With that being said I am sitting on free shares here so I guess I am not that upset as some are that bought in as this rose to .002
If it was not for Oronoco I would pretty much have zero faith in this company since the See Jesus app is a picture - which you download.
Stating it is an app is an extreme exaggeration.
Just on this board or all of Ihub?
Interesting your ID was created less than two months ago but I am posting silly posts?
I have emailed the TA waiting for a response
Unfortunately I work a real job and the money I invest is for fun
Has anyone contacted the TA recently for an updated A/S?
Manhattan Transfer Registrar Co.
Transfer Agent
57 Eastwood Road
Miller Place, NY, 17764
631-928-7655
http://www.mtrco.com
If I had a penny for everytime I read Dilution has anyone contacted the TA?
Transfer Online
Transfer Agent, Investor Relations
512 SE Salmon Street
Portland, OR, 97214
503-227-2950
http://www.transferonline.com
I would be calling these guys to get that 2 billion A/S updated from December.......
Transfer Online
Transfer Agent, Investor Relations
512 SE Salmon Street
Portland, OR, 97214
503-227-2950
http://www.transferonline.com
Why would someone's opinion be posted as a sticky?
In MY Opinion it should not be
DevG JimBlob and HoustonTrader - person marks to you all
Just caught up on 4 pages worth of posts today.
All I can say is slow and steady wins the race - I trust Tony and that's all that matters for me and my investment.