Encounter Development Technologies Inc. (ENTI)

[Ardbeg]

Float is 375,407,554

(2,001,813,999 common-1,626,406,445 restricted)

OS on 11/19/09 was 38,318,458. So the OS increased by 1,963,495,541 between 11/19/09 and 4/12/10 and even if all the shares on 11/19 were restricted that would mean there were 1,588,087,987 restricted shares that were issued between Nov and now. Plus they are restricted for 1 year.

Actually you can break it down even further:
AS was increased to 250M on 11/19/09 (so can only have this amount issued in Nov and early Dec)
AS was increased to 500M on 12/08/09 (so can now only have up to 500M issued)
As was increased to 5B on 1/25/09 (so after this date is when we see the majority of the restricted shares issued-- over 1.1B).

Anyway, the shareholders have a while before these shares come off restriction.