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Re: Nikodemos post# 30386

Wednesday, 06/30/2010 2:24:22 PM

Wednesday, June 30, 2010 2:24:22 PM

Post# of 173017
Here are your flowers and sunshine.

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.

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