Here's the SUMMARY of-Monday eve's ENTI CEO-Podcast ...below!
Tweet at 9:00pm Eastern Time, Monday from Encounter CEO Thomas Hargis: "Bad mic prevented the Podcast before today. Not hitting the publish button after uploading kept it until now. Sorry all for the delay!"
Tweet at 10:00pm Eastern Time, Monday from PTEL CEO Anthony DiBiase: "Fix that mic, stat!"
ENTI CEO Thomas Hargis speaking (Podcast)...
--- "A LOT has been going on, the continuation of the transition process between the Sale and Transition of http://www.musicmatrix.com from Encounter into Pegasus Tel.
--- "We are changing our name to Encounter Development Technologies, Inc. This name change represents where we are, moving forward, as a Company, in developing many different lines of Revenue - many different TYPES of Products that go beyond just Media and Social Media as well as the Music Industry itself.
--- "We will probably get a new Ticker Symbol. Out of that, we also have a new CUSIP Number.
--- "The ENTI-PTEL Share-Dividend was the reward for all of the long-term Investors who received their profits due to the Sale of MusicMatrix to Pegasus Tel. One of the things Tony alluded-to was that he wasn't going to leave the Shareholders empty-handed with that Dividend. And, part of that Dividend is to make sure that the Encounter Shareholders were taken care of. So, Encounter Technologies did not benefit NEARLY as much as the actual Investors benefitted. And, that Share-Dividend has been approved, and we are working on getting all the Certs mailed-out.
--- "Regarding the recent Forward-Split -- We are making sure that we take care of the Longs, and making sure that we take care of our Investors, and making sure that we can show not only a Profit, but that we can develop many different Lines of Technologies that will show a Profit into the far future.
--- "Regarding the DTCC situation -- One of the biggest concerns that I have with our NOT being in the DTCC, is the inability for those Stocks to be moved in an extremely efficient manner. The fact that we ARE NOT in the DTCC has been a priority of mine to fix.
--- "One of the things that I would like to Announce is, now that we have a Name-Change and the new CUSIP Number, and the Share-Dividend is in the final stages of being processed-out, and MusicMatrix is no longer a part of Encounter...NOW that all THOSE processes have moved-through, WE HAVE MOVED FULL-STEAM toward moving BACK into the DTCC. We are going to move BACK into the DTCC with the new CUSIP and the new Name, and we will probably get a new Ticker Symbol -- and ALL OF THAT IS GOING TO MOVE FORWARD.
--- "Getting back into the DTCC is the best move for Encounter, and that's one of our major priorities right now, AND our going forward into the Uplisting Process, because the reality is -- we need to be Uplisting and we need to be in the DTCC.
--- "The Authorized Shares HAD to be increased in order to move the Forward-Split. In order for that 5% to happen, we had to increase the Authorized -- or there would have been too many Shares. It was one of those moves that was going to HAVE to happen, in order to free-up some flexibility for the Company.
--- "One of those things is -- We are in discussions with OTHER TECHNOLOGY FIRMS about possibly Partnering some of our current Technologies, which also includes some of the Video Streaming Technology.
--- "We haven't talked too much about DUTV and the Compression Technology, and it's NOT because things haven't been happening -- it's because we are Negotiating behind-the-scenes. We DO have some EXCELLENT OPPORTUNITIES, if our flexibility in the Marketplace is at a point where we can make some attractive Offers to other Companies to either Acquire Technologies OR to Partner with them in a unique way, AND THAT IS THE REASON THE AUTHORIZED WAS INCREASED.
--- "We are moving our Corporate Office from Florida. We are finalizing that move, and as soon as we have a new Address, we will publicize that in a Press Release. THAT'S one of the reasons it's been a little bit quiet in a sense, due to the transition of moving BOTH equipment AND personnel. There's nothing easy about moving a Corporate Office. I DO realize that it seems we are in A LOT OF TRANSITION AT THIS TIME -- AND THE REALITY IS, WE ARE!
--- "Regarding "ROAR!" -- There are A LOT OF THINGS on the front of the burner now with "ROAR!" It has been doing EXCELLENT in our Closed Beta [Testing] Phase. In fact, it was going SO WELL, that we decided to ADD-ON a few more Social-interaction Components to it that were not previously included.
--- "So long as this Closed Beta is moving on-path, we will then move to the Open Beta [Testing], starting with those who have Applied through our Website at: http://www.roaritnow.com.
--- "If all goes well, WE SHOULD BE LOOKING AT A SPRING LAUNCH DATE -- A FULL LAUNCH IN SPRING. My goal is to have a Limited Beta Release for the Holidays. The reason for this Limited Beta is that we want to be able to target one or two Advertisers who are looking for a "push" during the Holiday Season.
--- "And, if THAT goes into effect, we should be able to start Planning for a SPRING ROLL-OUT, BEFORE SUMMER, targeting all kinds of different Spring and Summer destinations.
--- "We've talked with different Advertisers and Marketers about just-where the Economy is looking to go (for Spring Breaks), and where "ROAR!" would really fit-in. One of the things we are targeting is FAMILY DESTINATIONS that our target-audience would be able to share, and NOT ONLY to share, but be able to get Discounts by sharing the things that you'd naturally be doing anyway. ALL OF THOSE THINGS tie-into High School and University students getting out of school toward the Summer, and their Connecting over their Social Networks.
--- "So! The Closed Beta is moving well, and "ROAR!" is moving in a great and exciting direction. Some of this I didn't even anticipate! The Developers and our Graphic Arts Teams have come up with some VERY intriguing ideas that will honestly bring "ROAR!" to another level that I wasn't even planning-on.
--- "We haven't forgotten about the Website, or about our Press Releases. It's just that we've REALLY been focused on "ROAR!", and it's been very important for us to get a Product out as soon as possible, that will generate Revenues as QUICKLY as possible.
---"ANOTHER THING IS -- We are in the Designing phases of a NEW WAY of interacting on the Web, as well as on an Application Platform. We're in the Designing phases of a Social Network Game that has a DUAL-incentive.
---"What I mean is -- Right now, when you purchase items off of Games that are on FaceBook, or are on Apps, it's really been a NO-WIN for the Consumer in the end, because you're buying something that is Digital in nature, but there's NO tangible value.
--- "So, we are going to connect some of the similar concepts that "ROAR!" has -- where you can actually obtain physical Prizes -- and make it to where you can compete for physical Prizes by playing Games. So, by playing different Games on Social Platforms such as FaceBook, or by downloading Games from the iTunes Store, you can compete for Prizes - both monetary and physical Prizes. This is another unique concept in the Gaming World. There's just NOT a whole lot GIVEN BACK to the Consumer, so this is a Model that we're going Forward-with.
--- "A LOT of our different Products that we're going to be rolling-out over the next Year or Year-and-a-Half -- they're ALL going to have the Consumer in mind, AND the Consumer is going to have a great Incentive in participating in the Product.
--- "ALSO! We will be un-gagging the T/A [Transfer Agent]! Once the Share-Dividend is out, and the Forward-Split is completed, we will be un-gagging the T/A.
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