Here is the email for anyone who cares
Season’s Greetings! I hope this email finds you well.
Encounter expects to have its mandatory report submitted to FINRA on or before 2 January 2019.
Under that notification, among other things, Encounter proposed a split down of its common stock. The reverse stock split will occur; however, as you may know, Encounter has been experiencing financial difficulties, and, thus, must rely on advances by its officers, directors, and larger shareholders to continue to perform its administrative operations.
I have obtained interim capital accommodations to aid Encounter to fulfil its obligations.
The fees associated with Encounter’s FINRA notification and, especially, the costs associated with the reverse stock split (particularly to the company’s stock transfer agent), are quite costly. Encounter will encounter significant expenses in respect of its plans, too. Al-in-all, Encounter will expend approximately $45,000 over the next month to accomplish its administrative objectives. (This sum does not represent any payments to officers, directors, consultants, and attorneys.)
Of course, the Thanksgiving, Christmas, and New Year’s holidays are upon us and, as such, it has been difficult to coordinate what is, already, a skeleton staff of office personnel and professionals to complete these tasks.
I am hopeful that Encounter will be able to meet or exceed its filing deadlines, as well as to proceed with its plan of operations.
I hope this correspondence answers your questions. May I wish you and your family a joyous and Merry Christmas and a prosperous New Year!
Best regards,
Randy Hudson
__________
Office of the Chairman and President
Randolph S. Hudson
Encounter Technologies, Inc. Encounter Today™
