Encounter Development Technologies Inc. (ENTI)

[Mjbcard]

The 200,000,000 million shares added may not necessarily have gone into the float. The total volume today was a little over 200,000,000. If the shares would have entered the float today I would think that the volume would be much higher.

I'm not sure if anybody checked the TA yesterday for the O/S count but since the figure was higher today than previously the shares would have been added yesterday or Friday. I believe the TA only has current information from the close the previous day. If I'm incorrect please let me know.

Since the celebrity artist deal is finalized the shares may have been used as part of the payment to said artist (pure speculation on my part which I dislike doing.) If that is the case then ENTI received $0 dollars for those shares.

If ENTI did dilute those shares today into the market, even at the high of 0.0013 that is only $260,000. Definitly not enough to pay a top artist by todays standards.

I averaged down again today probably for the last time unless some of my other stocks start to move some and I exit those positions. Waiting on the news to refigure my exit strategy.

Good luck to all.

MJB