Wednesday, June 30, 2010 2:24:22 PM
From the PR:
"Encounter Technologies has issued and will issue its common stock to be reserved on hand for deals with celebrities, labels and strategic partners. "
This explains the dilution, and like i said all the worries were due to UNKNOWNS!!! Now its KNOWN so no need to panic.
Edit: Yes they are admitting to dilution, but giving a reason. Its a double edged sword.
Also this doesnt make it 100% A-OK to dilute, we should keep a CLOSE eye on this to make sure it doesnt get out of hand.
“We all have great inner power. The power is self-faith. There's really an attitude to winning. You have to see yourself winning before you win. And you have to be hungry. You have to want to conquer.”
-Arnold
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM
Maybacks Adds Award Winning Show to Its Lineup Discusses Maybacks Opportunity • AHRO • Aug 22, 2024 11:30 AM
North Bay Resources Announces First Gold Concentrate at Mt. Vernon Gold Mine, Assays 12 oz/ton Gold, 17.5 oz/ton Platinum, and 8 oz./ton Silver, Sierra County, California • NBRI • Aug 22, 2024 10:28 AM
All Things Mobile Analytic, Inc. Reports Major Growth with Over $11 Million in Revenue • ATMH • Aug 22, 2024 7:19 AM
Unitronix Announces Strategic Entry into Cryptocurrency Space • UTRX • Aug 21, 2024 10:00 AM