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Thursday, October 14, 2010 4:15:36 PM
NEW YORK, NY, Oct 14, 2010 (MARKETWIRE via COMTEX) -- Encounter Technologies, Inc. (pinksheets:ENTI) announces the Board of Directors of Syndication voted to approve a 5% Restricted Common Stock Dividend for all shareholders of record as of 30 days from the date of October 14, 2010 (Official Record Date is November 15, 2010). On this date (November 15, 2010), the shareholders of record will receive a restricted stock dividend equivalent to 5% of their recorded shareholdings. The shares will be restricted for a period of 1 year and will be eligible for free trading on that anniversary date. A recent increase in authorized shares in the company will be used to fund this shareholder dividend.
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