DD Support Board and Research Team

[nodummy]

ENTI - interesting observation by a diligent investor

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63673692

Attorney Letter for period ending December 31, 2010 filed on May 9, 2011:

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=50151

Mr. Anthony DiBiase, Title: Chief Executive Officer and Chairman Number of Shares Owned as of the date of this letter: 50,000,000 shares of Preferred A Stock; 200,000,000 shares of restricted common stock and 10,000,000 shares of Preferred B Stock. The total outstanding shares of Common Stock as of annual report effective date 12/31/10 is 7,671,348,421 shares.


Attorney letter dated May 13th for the period ending March 31, 2011:

Mr. Anthony Dibiase currently holds no shares of common stock of the Company. He holds 50,000,000 shares of Preferred A Stock that converts at a rate of 175 shares of common stock for every 1 shares of preferred stock held. In addition, Mr. Dibiase holds 20,000,000 shares of Preferred B Stock that converts at a rate of 4 shares of common stock for every 1 shares of preferred stock held. The total number of outstanding shares of common stock, as of the date of this letter, is 11,978,092,477.

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=51073


Looks like he dumped those 200,000,000 common shares between May 9, 2011 and May 13, 2011 if the Attorney letters are accurate.



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Another observation is that as of the May 13, 2011 letter, Anthony Dibiase held 50,000,000 Preferred A Shares, but as of the date of the Attorney Letter on May 13, 2011 there were only 15,000,000 Preferred A Shares outstanding.

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=51073

Sloppy Attorney letter filed on May 13, 2011 to say the least. He cannot own 50,000,000 Preferred A shares and there only be 15,000,000 Preferred A shares outstanding.

35,000,000 Preferred A shares would convert to 6,125,000,000 common shares and that would put ENTI way over its maximum authorized limit of 15,000,000,000 common shares.