Encounter Development Technologies Inc. (ENTI)

[J_R_E]

No, it clearly states a 1:1 dividend----->

NEW YORK, Sept. 21, 2011 /PRNewswire/ -- Encounter Technologies, Inc. (ENTI:PK), a company specializing in social media, video technology and on-line entertainment solutions, announced today final FINRA approval for a special dividend of preferred shares of Pegasus Tel (PTEL:OTCBB). On June 10, 2011 (Official Record Date), all common stock shareholders of Encounter Technologies became entitled to one (1) share of Pegasus Tel (PTEL) for each share of ENTI they own. The revised payable date for the dividend is October 3, 2011(Official Payable Date).

If this is not true, it's FRAUD.