Encounter Development Technologies Inc. (ENTI)

[MichellesNotes]

All You Need To Know About ENTI

May 6, 2014 http://www.otcmarkets.com/stock/ENTI/news

Randolph S. Hudson, National's Chairman of the Board, President, and Chief Executive Officer,
said,


"I realize that reverse stock splits, in general, are extremely unpopular with
a sub-penny stock's shareholders;

however, in the case of National, at its present capitalization, will never realize any significant
price per share value.

It confounds me to conceive that some shareholders (although very few in number)
think National can demonstrate a significant price per share value of between
one and five dollars in the coming years



(based on an estimated $250 million in operating assets by year-end 2016),



if there are billions of shares issued and outstanding.

The company will always be relegated to the OTC Pink Tier.



Moreover, as National plans to apply for a listing on NYSE Alternext as soon as it is practicable,

it must maintain a certain price per share in addition to maintaining a value of its

public float.



While it could meet the value of the shares in gross,


it could not meet the price per share requirements.

Worse yet, the company's stock would not attract serious long-term individual or

institutional investors who or which are interested in a company with

sustainable growth through a stock valued at between one and five dollars per share.


My heck, if our stock was trading at $5.00 per share, we'd still be a penny stock

by the SEC's definition.


We're not going to reach that plateau, especially, with billions

or even hundreds of million shares out there."



National has been repositioning itself over the past four and one-half months


in anticipation of expanding its operations into the commercial and residential real estate

markets.

Initially, the company will be focusing on selected properties in

New York, Nevada, Florida, Colorado, and Arizona.

National is a unit of First Hudson Trust of New York

("First Hudson") and Electronic Merchant Systems Rochester, Inc. ("EMSR").

National is a company affiliated with other companies in the Hudson and Grande fund complex

and is not a holding company or representative of any of the other companies;

rather,




it will own the real estate for the other companies within the fund complex


but, of greater significance,


it will also acquire, develop, and manage other properties for its own account.



(No other companies, public or private, that are owned or controlled by First Hudson,

EMSR, Mr. Hudson, or Michael P. Grande, will be associated with the current

First Hudson and EMSR fund complex;


that is to say, if the companies are not named in this press release,

they will not participate in the current plan of operations.)



The company, for over three months, has been engaged in conclusive negotiations with

three principals for the acquisition of their respective properties;


however, until the date that National completes its restructuring,

it will not enter into any definitive agreements to acquire any property.


Mr. Hudson said, "From my past experience,


I have learned not to divulge the details of definitive negotiations;

specifically, due to the unprofessional actions by overly-enthusiastic shareholders

and investors who contact the sellers and disrupt or negate the acquisition.

It just makes good business sense to get the company's house in order

and retain as confidential the status of ongoing discussions and negotiations.

If and when a deal closes, then the company will announce the results."