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Oh I was thinking you meant suspended like going to the greys, never mind
Because the only fraudulent activity IMO was between FINRA and the brokers, the company disclosed everything in their filings so why punish them and the shareholders.
I still don’t know what ur talking about but happy New Years anyway!
Here is the email for anyone who cares
Season’s Greetings! I hope this email finds you well.
Encounter expects to have its mandatory report submitted to FINRA on or before 2 January 2019.
Under that notification, among other things, Encounter proposed a split down of its common stock. The reverse stock split will occur; however, as you may know, Encounter has been experiencing financial difficulties, and, thus, must rely on advances by its officers, directors, and larger shareholders to continue to perform its administrative operations.
I have obtained interim capital accommodations to aid Encounter to fulfil its obligations.
The fees associated with Encounter’s FINRA notification and, especially, the costs associated with the reverse stock split (particularly to the company’s stock transfer agent), are quite costly. Encounter will encounter significant expenses in respect of its plans, too. Al-in-all, Encounter will expend approximately $45,000 over the next month to accomplish its administrative objectives. (This sum does not represent any payments to officers, directors, consultants, and attorneys.)
Of course, the Thanksgiving, Christmas, and New Year’s holidays are upon us and, as such, it has been difficult to coordinate what is, already, a skeleton staff of office personnel and professionals to complete these tasks.
I am hopeful that Encounter will be able to meet or exceed its filing deadlines, as well as to proceed with its plan of operations.
I hope this correspondence answers your questions. May I wish you and your family a joyous and Merry Christmas and a prosperous New Year!
Best regards,
Randy Hudson
__________
Office of the Chairman and President
Randolph S. Hudson
Encounter Technologies, Inc. Encounter Today™
I got an email from him, he seemed very sincere and he was also very polite. I asked if R/S is still in the plans, he said a lot of things are going on and the R/S is still going to happen.
Cheers to a new year and hopefully new KCPC highs!
Anyone know why this is a us company HQ in Mass. but has a foreign issuer F symbol?
Did you call it in?
Oh okay, yeah it did say closing orders can’t be executed online I figured you had to call it in but I wasn’t sure if anyone went through that process. I’m curious are you still holding your split shares I know you had a lot before this mess.
Anybody try to sell their split shares yet, mine are still locked
I also shows I have a 14,000% gain from my .015 buy in but my shares were split...so like you said price never adjusted...
Original post split...I bought them a month ago.
My shares are still locked up...
Well I learned an important lesson here...mess with F stocks you can get royally F’ed
Yup it says Event: cusip change AS A RESULT of the RS enacted on 6/28/18. To me that means the RS happened then and now is the cusip change...this is mind blowing!
Yeah this was some shady shit for sure
I tried to sell, I had to Call etrade and they couldn't execute because its going through a corporate action which is the Cusip change and RS. Im guessing my shares will be adjusted Monday. What doesn't make sense is how were people buying at pre split ajusted prices if the split happend today. The pps should have been in the 5.00+ range. This has to be illegal, I bought because of what was filed and posted on OTC markets.
My shares as of now still have not been split...also if the split happened today how can anyone be buying pre split adjusted prices...this shit makes no sense.
Well I should have at least 109 shares so we’ll see what happens...I knew something was up with that OS yet it didn’t trade like a 900mil + OS either.
Yeah sucks my account is looking pretty tho lol
Just got off the phone with E*TRADE, I tried to sell but they couldn’t execute because it’s going through the cusip change as well as RS.
Cheers! Shouldn’t be too much longer for some kind of update...happy holidays to you and all other longs on this board!
True dat! And I have a lot more shares now!
Nice to see some decent ask buys !
Woohoo lovin’ the paint job!! Finally up in this lol
Well I just grabbed some...ones mans trash is another's treasure :)
True...can’t wait till the mystery is revealed here! Have a great weekend!
This may be red but I’m still green!! Woo hoo lovin this stock!
This may be red but I’m still green!! Woo hoo lovin this stock!
This may be red but I’m still green!! Woo hoo lovin this stock!
Agreed, might see that this week! There was a nice buy @ .05 earlier 107200!
Something is definitely up...the last NT-10Q was filed in 2005 due to power outages from hurricane Wilma!
Anybody want to cash in 900$??
MM's not showing my 135K bid
From USMJ news today:
The spinoff announced today has been affected through the execution of a securities exchange agreement between USMJ and Priority Aviation (USOTC: PJET) (“PJET”). USMJ has sold its AmeriCanna Cafe business in exchange for a convertible purchase note issued by PJET. Neither USMJ nor PJET are executing a reverse split in conjunction with this transaction. USMJ and PJET do plan to promptly convert the $1.5 million note into a number of common PJET shares sufficient to issue one PJET common share for every fifty shares of USMJ common shares issued and outstanding. All of the PJET common shares issued in conversion of the purchase note are slated for distributed to USMJ shareholders in a dividend distribution. USMJ and PJET management plan to present further details on the transaction announced today in conjunction with the associated ecommerce and restaurant business plans in an online presentation one week from today, on Thursday, November 8th, 2018.
PJET divested its aviation assets last year when it acquired Telluride Health Company (“THC”), the producer of Telluride Happy Water, a beverage designed to enhance the uptake of THC and CBD. THC’s operations have taken longer than anticipated to launch production of Telluride Happy Water, but a first production run of Telluride Happy Water has just been initiated with the help of PURA and its co-packer and partner, Alkame Holdings, Inc. (ALKM). In conjunction with the spinoff transaction between USMJ and PJET announced today, PURA will acquire the THC operation from PJET and Telluride Happy Water will become part of PURA’s cannabis beverage portfolio.
Learn more about USMJ at www.growusmj.com
Learn more about PURA at www.purationinc.com
Learn more about PJET’s THC operation at www.telluridehealthcompany.com
Learn more about West Coast Venture Group and Illegal Burge at
https://www.westcoastventuresgroupcorp.com/
https://www.illegalburger.com/
Mm’s not showing my bid @ .124
Im curious how you came to find this? Its not posted anywhere...
Let’s go zonx crazy thin!
Yeah that was some shady stuff, im thinking who ever was loading 4's and 5's the last couple weeks set up an account (which anyone can do on that site) and posted that based on what people were talking about on this board. It would be nice if someone from the company could release something clearing that up but I'm not holding my breath. Im just crossing my fingers for this to pop sometime.
Check the link now...pr is gone, definitely a fake. https://www.pr.com/press-release/768172