Encounter Development Technologies Inc. (ENTI)

[KNTN]

Thanks for the update on the filings. This might be of some interest too.

Business Description
Encounter Technologies Inc., fictitiously known as Carnegie Investment Corp. and, by and through its current and former subsidiaries, CyberCastingCorp.com, CybAirCorp, Encounter Technologies, Inc. (Florida), Camera Crew Inc., Entertainment Cruises International, Inc., and RTR Media Inc., is a company that specialized in social media, video technology, and online streaming solutions. The company is in the process of effecting a corporate restructuring program; whereunder, the company is repositioning itself and discontinuing its negligible operations and disposing of its underperforming assets.

As a segment of its restructuring program, the company will be evaluating its position with respect to its joint ventures and other transactions with third-party public company affiliates. The company will also be filing certain applications and documents with various state and federal regulatory agencies and with self-regulatory agencies in order to seek the necessary approvals and effect its overall restructuring program.

During its restructuring program, the company will be introducing its new website to better inform its shareholders, investors, and the public of recent and proposed recent developments.

The overall restructuring program is expected to take between six and nine months; however, the company may receive the required regulatory approvals, authorizations, and/or consents before that time.
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