Encounter Development Technologies Inc. (ENTI)

[PokerStar]

Firstly J.D., let me tell you that for the most part, the company is at the mercy of Pinksheets to remove the stop sign and move us up a tier or so to limited information or full reporting Pinksheet. As I have been in contact with Pinksheets in the past asking the same questions....i.e., How long after financials have been posted do you remove the stop sign. Their response was 2-3 business days. And to go one step further, that was only if ALL the pertinent information they requested was provided. I am in on another Pinksheet stock that had a stop sign(W*BD) and once they posted the information to Pinksheets, it took almost a month to have the stop sign replaced with a limited info yield sign. Pinksheets stated the problem with them not being reflected as a full reporting company was because:

A) The attorney letter they received was not from an attorney that was recognized by Pinksheets.
B) Because they purchased a shell company three years ago, they needed to round up some financial info from the previous company and have that submitted for their approval.

Because W*bd was in the process of filing their 1st quarter results, the accountants needed to complete that before they could worry about satisfying Pinksheets' request. Because of these delays, they continue to sit today as a LIMITED INFO stock. It has been 3 months now and still waiting for an uplisting.

The point I am trying to make is hopefully they have followed the requirements to a tee and submitted every bit of info that will satisfy Pinksheets otherwise the 2-3 business days may very well be delayed some. BTW, I have no idea what the outcome will be and I am surely not trying to make excuses for the company ahead of time. That's all I'm saying. I continue to hope for the best.

GLTY all, larybaby2