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Thanks for the post Gaarbee. That explains why the site is down: They are updating it with links to their CURRENT information profile. Looking better all the time.
Can someone post the text, or a summary of the text from the podcast?
I was actually hoping for this to happen yesterday myself. After we closed @4 yesterday with hints of a move to 5, I decided to just steal 4's instead. I may even take 5's tomorrow if the ask moves to 6.
Vipyr wasn't referring to ENTI when he mentioned a stock jumping to 0.08. I don't how/why you interpreted it that way, but you are wrong.
I really think you should only bold face your key points.
You're definitely right about the core concepts being different, but Apple is Apple.
Apple is always good at taking other people's concepts, pretty-ing them up, and making bank off of them.
I think if nothing else, this is going to speed things up in the ENTI camp.
Apple's new Ping servie is a new music-centric social networking service incorporated with the newest version of their itunes software.
It allows people to (potentially) interact with artists' pages and post their likes/dislikes, and link to and from music they may be interested in.
It also includes one-click song purchases from your friends' profiles or artist profiles.
You can post videos.
Given Apple's streaming services, I can see this also including music videos in the future, and capturing a big part of the market ENTI is going for with MusicMatrix.
I really don't think that ENTI is going to have much room in the music/entertainment marketplace.
Cute. I can do that too.
You see what me and my "friends" are doing is create a false sense of panic around the ENTI shareprice so that we can cover at a lower PPS. Whenever people on this board throw facts in our face, we will turn a blind eye and rush to change the subject to stir up more insecure feelings.
But by the time the first 2 of those seven fall, the other boys will drop to 4
Sogotrade is the place for you, then. GLTY
As much as I appreciate this comment, I feel like I must point out that it is a violation.
I'm not saying that it can't run with the CE.
The CE label doesn't need to have legal ramifications to have an impact on share price.
As you said, OTCmarkets.com is a private company. They have done a wonderful job of placing themselves in a position where they do hold a lot of power over pink sheets companies.
The shareholder sentiment is that it needs to be addressed and settled. Until that happens, people here and in other places will continue to plaster the boards with accusations and misinformation - and will probably continue after it is addressed. It would be one less thing to keep people away from the stock, and would settle a lot of the noise here.
New investors DD'ing this stock will see two things right from the start, The CE label(1) and the negative comments repeated on this board (2).
Just my thoughts, and probably more suited for a PM, but there it is.
True. But I really feel like it would be better for everyone if the CE removal came first, because it would mean more people trying to jump in @ the news.
Good for you?
What about it?
The interview had a couple of nice pieces of information for current shareholders, but IMO there wasn't anything to show potential investors that this is something to get into.
I stand by my comments from Friday that the CE removal was something that NEEDS to be addressed directly before any significant PPS increase. Maybe next month...
The last time they PR'd regarding the Spire funding, the tally was just over 1 million
What are the chances of seeing .0004s before Wednesday?
That's dependent on whether or not the company answers the 'right' questions in the recorded interview tomorrow.
Spire works like your children's class raising money for a field trip: In bits and pieces, and the rich kids' parents had better be ready to chip in.
They have already raised 1 Million by July, and then all the holdups came into play and the CE and the 'finalized' deal that isn't long-term yet.
IMO, Spire is waiting for ENTI to work through their delays before they continue payments.
We may not be in the greatest position, @ 0003, but we haven't lost any ground with the integration of the new IR and Marketing plans.
We saw 2's yesterday, and maybe some were lucky enough to get 1's, but despite the panic alarms that some people were trying to raise, we have ended the week in a reasonable place.
I think that next week NEEDS to be a slam dunk for these guys. The debut of the CEO interview must address the CE removal process in order to put some of the theories to bed, and it would be very helpful if they also released the complete share structure.
Other welcome topics would include the site development and timelines for the 'new' site unveiling, as well as the development of the MMX app.
At this point, I would NOT be satisfied if a large portion of the interview is spent telling us that Ne-Yo has indeed signed a short-term contract and there will be meetings next week. (We know that already).
Anyway, Tuesday will tell.
The point is, that if they didn't PR that they were in the business of selling domains, but gave the information to a single person via email, then they were giving out 'insider information' regarding their move into a new business segment/revenue stream.
Now sell & stop trying to paint a picture of opportunity here. If you are smart you will get out now,...buy back in the $0.0001's if you love it so much. You'll be seeing plenty of those shares and $0.0003's are an absolute GIFT right now, a GIFT!!!
Thanks for the investing advice.
If the share price was at .008, and the company was at the exact same stage of development it is now, with the same missed deadlines and delays with the Ne-Yo contracts, with the website exactly as it is now, there would not be the outcries of scam, and SEC reports, and class action lawsuits. if the company is such a big scam, why wouldn't it be a big scam if it were trading at .008? It is only being labeled a big scam now, because it's trading at .0002.
I see what you're trying to say, but it doesn't work. If this were trading @.008 right now, the market cap would be over 32 Million, which would also be a red flag.
I agree that we should at least wait until the podcast and Tuesday's interview before we start making accusations, though.
Thanks Slaz,
I wasn't questioning their activities, just thinking out loud.
It's also interesting to note that despite the drop to 2's today, volume is non-existant. It will be telling to see if the company dumps into the new low, or allows some pressure to build and push back to 4 or 5
Is buying from his brother really that much better?
Actually, thinking about the possibility that ENTI 'purchases' SREH....
If the 2B in dilution ends up being the shares used to buy out SREH, the combined entity might be positioned better to make a run.
Maybe... I don't know, it will be interesting to see what shakes down the rest of the week and next.
Email did state the company was aquiring assets, they could of bought SREH and not PR'd yet. It would explain why SREH PR's are through ENTI and why Sheeri is handling them, and why some of the dilution and why Tony is the CEO. I posted about a week ago this may happen, it made perfect sense after the personel moves and reading PR's and the posted emails.
IMO it would be a HUGE slap in the face to shareholders if ENTI 'bought' SREH at this point.
They PR'd 'up to 10mil from Spire' and have documented reciept of 1Mil
The ALSO PR'd:
[] 10Mill$'s in Spire Rev's (in 300K tranches)
No they didn't. They PR'd that they signed an agreement to fund 'up to 10 million'. THey subsequently PR'd updates when they reached certain milestones such as 300k, 600k and 1Million.
but it doesnt do any good when investors call to find out they increased o/s by another 300m? so no ones going to buy ... so he was in on the pump too....cause telling an investor in a private email news is coming is a form of insider trading....and these are the things real investors look at!
And you just changed the subject.
We had news. Twice. Once for the TBA announcement and again for the CEO interview announcement.
1. They clearly stated in the previous PR that THIS WEEK's CC is postponed until next week. Also, that the CC would be released as a podcast/mp3
2. They announced that there would be CEO interviews recorded and posted regularly.
The CC still exists, in the form of prerecorded CEO interviews which deal with issues put forward by investors.
This is exactly what people have been crying for the past few weeks.
They only cancelled the call for this week, didn't they?
The sky is NOT falling
Positive: To fund their potential signing of Ne-Yo, to pay for their contract with GH, and to pay for their contract with TBA.
Negative: To fund Ricky's new startup.
I'm happy with those.
ENTI's former CEO, Rick Dibiase, whose passion has always been with Encounter's dynamic web-based MusicMatrix, will be on board to take a hands-on approach to maximize MusicMatrix potential.
That doesn't address JD's question. It just rehashes the PR.
Here are the texts from all of the Spire PR's. Looks legit from my perspective, and paints a pretty good picture of how they have been spending that money.
NEW YORK, NY -- (Marketwire) -- 04/16/10 -- Encounter Technologies, Inc. (PINKSHEETS: ENTI) announced today the company negotiated a financing contract with Spire Investment Group for up to ten million dollars to support their June 2010 launch of their web site MusicMatrix.com. Traunches will be invested into Encounter Technologies, Inc. (ENTI) on a monthly basis. The financing has been put into place to support the promotional campaign with Mpower Entertainment for MusicMatrix.com
NEW YORK, NY -- (Marketwire) -- 04/19/10 -- Encounter Technologies, Inc. (PINKSHEETS: ENTI) announced today the company has received more than $300,000 in funding to date from Spire Investment Group. The funding has been primarily used to pay for programming as well as the promotional campaign being provided by Mpower Entertainment for their Flagship site MusicMatrix.com.
NEW YORK, NY -- (Marketwire) -- 05/12/10 -- Encounter Technologies, Inc. (PINKSHEETS: ENTI) announced today the company has received more than $600,000 in funding to date from Spire Investment Group. The funding has been primarily used to pay for programming, an endorsement deal with a soon to be disclosed premier music industry artist, as well as for a six month promotional campaign being provided by Mpower Entertainment for their Flagship site MusicMatrix.com.
NEW YORK, NY -- (Marketwire) -- 07/13/10 -- Encounter Technologies, Inc. (PINKSHEETS: ENTI) announced today the company has received more than $1,000,000 in funding to date from Spire Investment Group. The funding has been primarily used to pay for costs associated with their flagship site MusicMatrix.com, including: site programming, interactive music video shoots, video production & editing, marketing & promotion, as well as an endorsement deal with a soon to be disclosed premier music industry artist.
"We're thrilled to have the expertise of Spire on board," states ENTI CEO, Rick DiBiase. "Founders Bryan Bardes and Eric Kafrawy have extensive experience in evaluating the feasibility of projects in commercial real estate, online ventures and innovative start-ups, among others."
As it states on their corporate website, Spire's investment success is rooted in intensive market selection, comprehensive due diligence, detailed financial management, and timely investment dispositions. "To have Spire partnered with us on MusicMatrix for long-term funding has been quite an achievement and, in my humble opinion, a testament to the fundamental value and potential profitability in the MusicMatrix business model," states DiBiase.
Aside from funding, MusicMatrix has received valuable input from Spire as consultants. One of their primary service models includes scrutinizing an investment's financial underpinnings and legal structure to focusing on its core competencies, every venture is enhanced by the Spire touch to improve its profitability and its competitive position within the market. "Their expertise has proven invaluable and we're thrilled to be moving forward with competent, capable partners as we announce the next phases of MusicMatrix toward a comprehensive online/mobile universe model," concludes DiBiase.
This info is listed at www.otcbb.com
On April 16, ENTI PR'd that they had an agreement with Spire to fun them with "up to 10MM"
On April 19, they had recieved 300K
On May 12, they had recieved 600K
On July 13, they PR'd that they had recieved over 1MM.
So, this fits well with the DD that Nabbss provided regarding their agreement.
So, do you interpret this as Spire has agreed to secure capital for a period of time, up to a total amount of $10 Million?
That's what I got from it.
Thanks for the clarification.