Encounter Development Technologies Inc. (ENTI)

[LarryW]

http://www.hotstocked.com/article/2616/encounter-technologies-inc-pink-enti-with.html

Encounter Technologies Inc. (PINK:ENTI, ENTI message board) progresses on a high volume again. All of a sudden, ENTI sold over 477 million shares yesterday, which is a shocking value for the pink sheets company as compared to its average value of 127 million shares traded.
According to the historical information, the stock has had frequent volume climbs, due to some speculative press releases by the company. In fact, the president of ENTI has sent personal e-mails straight to the investors to promote the company, though they didn't work quite successfully for the stock price movement.


Yesterday, there was another positive announcement by Encounter Technologies, however the stock lost over 22% for the day. Obviously, the investors were not tempted by the latest press release and they rushed on to sell their shares.

Probably, the previous optimistic reports by ENTI have disappointed everyone and the stock still continues its way down.

Encounter Technologies Inc., along with its subsidiary CyberCastingCorp.com, is in the business of providing Internet products and services. According to the records, we may assume that the company generally survives on optimistic projections and expectations, as it has not filed any reports on its financials.

ENTI is not registered at the OTC Markets website because the company has been labeled as a "Buyer Beware" and there is no adequate current information about it.

Based on all the facts mentioned above, ENTI's future doesn't look bright, even if their speculations continue.