Encounter Development Technologies Inc. (ENTI)

[KJ]

Maybe this is a good sign of things to come.....

ENCOUNTER DEVELOPMENT TECHNOLOGIES INC. IS NOW NATIONAL PROPERTIES TRUSTPress Release | 04/04/2014

Encounter Development Technologies Inc., a Colorado corporation (US.ENTI.PK), yesterday obtained approval from the Colorado State Banking Board and today filed the required amendment to its Articles of Incorporation with Colorado's Secretary of State to change its name to "National Properties Trust" ("NPT").

For the past three and one-half months, NPT's senior executive management has been in the process of repositioning the company to engage in the business of commercial and residential real estate development.

As a part of this overall restructuring program, Encounter changed its name.

NPT's President, Randolph S. Hudson, said, "We are one enormous step closer to achieving our administrative objectives. Our control shareholders, First Hudson Trust of New York ("First Hudson") and Electronic Merchant Systems Rochester, Inc. ("EMSR") have been working tirelessly for the past three and a half months to direct the company's restructuring to position the company to engage in its new line of business, that of the ownership and management of commercial and residential real estate. Finally, it's starting to come together. I am grateful for the patience that has been demonstrated by the majority of our 1,200+ shareholders (given their view toward the company's discontinuation of its prior business and lack of profitability over the past three or four years), and by the diligent efforts of our board of directors and senior executive officers to accomplish the company's objectives."

National Properties Trust is engaged in the business of owning, developing, and managing commercial and residential real estate properties in the continental United States. Initially, the company is evaluating properties in New York, Las Vegas, and Colorado; although, the company's management is evaluating properties in other states where it can acquire properties for less than market value and that will provide a measured return to the company and its shareholders or for use by its affiliates.

NPT owns Anglers Construction, Inc., a licensed and insured New York corporation, that not only conducts business independently of NPT, but also that will also complement NPT's real estate construction and renovation needs. As spring has arrived in Upstate New York, Anglers' management has already started to schedule bookings for work to be performed during the spring, summer, and fall months.

For additional information on NPT, shareholders and investors may call or text Mr. Hudson at [phone] or send him an e-mail to [e-mail].

National Properties Trust is a unit of First Hudson and EMSR. Other affiliated companies in the First Hudson and EMSR fund complex are Central Wireless, Inc. (US.CWIR.PK), Hall of Fame Beverages, Inc. (US.HFBG.PK), Real American Capital Corporation (US.RLAB.PK), Oncology Med, Inc. (US.ONCO.PK), and First Intercity Bancsystems, in-organization. (As a note: First Intercity received approval by the appropriate agencies in New York State to organize and, to that extent, has filed certain preliminary information with the New York Secretary of State's Office.)