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Thursday, December 09, 2010 9:17:01 AM
Encounter Technologies (ENTI) Files to Move From Pink Sheets to OTC Bulletin Board (OTCBB)
Here is the message, read closely.
Encounter Technologies, Inc. (PINKSHEETS: ENTI), a company that specializes in social media
, video technology and online entertainment web solutions, announced today that it has signed a letter of intent with Ambrose & Keith Fund, LLC for a $20,000,000 line of credit. The funding is contingent upon the Company obtaining a listing on the Over-the-Counter Bulletin Board (OTCBB) or a comparable exchange for the Company's stock. To that end, the Company plans to file a registration statement on Form S-1 to register shares, begin reporting to the Securities and Exchange Commission (SEC), and file the appropriate documents to obtain a listing on the OTCBB.
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