Encounter Development Technologies Inc. (ENTI)

[Myyymannn]

For What It's Worth TDA Response

This email is in response to both of your recent replies. We received information on Friday; DTCC completed their exit process and the shares are currently being sent to us. We anticipate receiving and posting the shares to our clients accounts in the next few days.

According to an ENTI press release, June 6, 2011, is the "Official Record Date". This means all common stock shareholders of ENTI will be entitled to one share of Pegasus Tel (PTEL) for each share of ENTI they own. The payable date is June 20, 2011. Due to DTCC no longer participating in ENTI, the dividend payment will be made directly to TD Ameritrade (as we are shareholder of record), and then posted to our client's accounts. This payment will also be made to us in physical certificate form and therefore may take longer to receive.

Again, I apologize for the situation as a whole.

Regards,

Daniel Pilmaier
Senior Research Specialist
Office of the President
TD Ameritrade Holding Corporation