Encounter Development Technologies Inc. (ENTI)

[Slojab]

LOLOLOLOL!!! Randy, it's good to see you back posting your bullshit to iHub! You must really think your shareholders are complete fools.

I especially loved this part of your diatribe.

In addition to the Form 8-K Current Report, I will be filing a Schedule 13D with the SEC in the coming business days. (For those who don't possess it, Encounter's central index key at the SEC is 0001109697.) That 13D schedule requires me to disclose my plans for the company's business and operations. The rules governing that form filing also require indicating other items of material concern to shareholders; matters like reverse splits and recapitalizations. Yes, to put an end to speculation, there will be a reverse split of the company's common stock in the near-term. The record date will be set forth in the 8-K and 13D. There's one thing about a reverse split that everyone seems to overlook - the value of any shareholders' total holdings will not change: As an example, 1 share after the split down would be worth the value of 1,000 shares before the record date. (Do not misconstrue the example to mean the reverse stock split ratio; that's not the ratio, just and example.) There simply wouldn't be a large number of shares to trade. The company will never realize any significant per share value of its stock if there are billions of shares outstanding. But the company's stock might realize a decent per share value if there are tens of millions of shares outstanding, especially, if the company is conducting a bona fide business. In furtherance of that point, there will be some dilution to the post-reversal holders of the company's stock. The company intends to register its securities and, by doing so, will also conduct a limited offering of shares (under Regulation A or on Form S-1) to fund its legitimate, cash-generating business going forward. The company's then shareholders may expect a dilution of, perhaps, up to 25% of their holdings; however, the final determination will be disclosed in the 8-K and/or 13D. Please, don't read into this because you will only be speculating on facts you don't have based on information you don't know.