Encounter Development Technologies Inc. (ENTI)

[inan0ut]

the shares given to tony already are for his services the shares to purchase mmx have yet to be seen, the pr says it word for word,imagine if commons were given, the stock price wouldnt last a day, dont know about you but at .02 a share i will be selling all of my 10 mil plus shares, as would everyone else.

As part of the proposed plan, Encounter Technologies' Music Matrix web site will be acquired by Pegasus Tel, in exchange for preferred shares of Pegasus. Those shares from Pegasus will be utilized by Encounter to fund a shareholder dividend to all Encounter shareholders.