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Can anyone find this guy in the University of Virginia alumni or graduates?
Item 1.01 Entry into a Material Definitive Agreement.
On 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, 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.
Item 3.02 Unregistered Sales of Equity Securities
The information described above in Item 1.01 Entry into a Material Definitive Agreement is incorporated herein by reference.
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
Appointment of Director and Principal Officer
Mr. DiBiase, age 47, has served as Chief Executive Officer of Encounter Technologies, Inc., a public company which focuses on end to end platform development for internet streaming businesses, from August, 2010 through the present. Mr. DiBiase has served as a director of RTR Media, Inc. a media and video development company and subsidiary of Encounter Technologies from January, 2010 to present and also has served as director of Mobile2Earth, Inc. a private, mobile phone application company from July, 2010 through the present. Mr. DiBiase has served as director of Scientific News International (“SNI”), a private, medical news company which has become an international leader in rapid print and online delivery of trademarked medical reports and webcasts to doctors, from 1997 through the present. Mr. DiBiase served as director of Strategic Rare Earth Metals, Inc., a company specializing in mobile applications and social network platforms from July, 2010 through November, 2010. Mr. DiBiase also served as a director of MEV Healthcom, Inc. (“MEV”), a private, full service medical communications and publishing company which developed continuing medical education programs with print and electronic publications for healthcare professionals, from 1993 through 2009.
The Board believes that Mr. DiBiase’s extensive19 years of experience in building successful companies, as well as his expertise in professional sales, marketing, and promotion make him a significant asset to the Company’s growth and operation as a public company. Mr. DiBiase’s strong communication skills and commitment to transparency has established him as a strong leader with his shareholders.
Mr. Anthony DiBiase is a graduate of the University of Virginia with a Bachelor of Arts in Economics and Anthropology.
Funny no DiBiase on the UoV website or Alumni site. Still looking.
More mouths to feed by ENTI LMAO
How could theses scumbags,from ENTI, even write this part?
RUT RO reverse split ahead
Sorry. NO pinkie who gagged their TA ever uplisted.
There are none and ENTI wont be the first. They are a scam.
Not judging Tims just Kims.
Tim?
Ok I want to run the wet T shirt contest of the BEER board. Canucklehead your pics firsts. Occifer
Anyone look at the 6 month chart? Dilution ad nausea
He is.
ENTI shaved a lot of pounds from the English investors.
ENTI t-shirts are todays highlites. LMAO
Bums?
OK. It sorta looked like that stinkin Redsox B. The Phils should change the font.
What does the 'B' stand for on the Phils uniform? I know I should know but dont and cant find it through Goog.
The comeback kids are at it already. Doc has a so-so start the kids pick him up
Were the MMX/ENTI T shirts made by EIGH's t shirt factory in the Barbados?
ENTI will keep the winners name out of the publics eye because thy dont want the winner harassed. lmao
Thousands of companies trade on the US market. Very few are suspended. ACLH was suspended. That speaks volumes.
ACLH being suspended and dumped to the grey market is the proof.
Latest is May 15th I believe. You can bet they will delay to string shareholders along as long as possible.
I have a 7 page PDF file I would like to send via iHub PM.Is it possible? How?
ENTI is supplying Tweets. Who is doing the typing? It could be me tweeting.
Except you dont? just wondering.
OK. So this POS,scuMorris is saying he didnt screw shareholders?
The thing about tweets those tweets cant be proven to be the CEO tweeting. The scumbag, deadbeat , knows that.
funny thing is, if the SEC contacts the TA and reviews the trading, it is a simple process that eliminates the NSS boogey man.
Shareholders need to ban together to prove the DOJ and the SEC wrong(they wont and cant). The taxpayers in the USA shouldnt and wont be the ones footing the bill for a fishing expedition on shorts.
ENTI has nothing of interest to any prudent investor. The NSS is a total hallucination.
ACLH will never trade on any exchange other then the grey's. They are lying fraudsters. I expect the DOJ to commence action against those guy's, shortly.
So the OTCBB isnt up to date on the info on ENTI. March 15 2011 is better then unaudited financial from Dec 2010. no?
Here is a link to the site that scuMorris will do an interview with. Jim, Mr. PHD, how much are you paying for them to interview you? Or is Stallion paying? Stallion wants their money, Jim. better pay up.
http://www.wallstreetreporter.com/legal-notice/
pinkies can and do issue preferreds to protect their scams with voting power. geez
Insiders are selling shares that cost them nothing, so anything is total profit.
You do realize the share count was that on Dec 30,2010