Encounter Development Technologies Inc. (ENTI)

[Captain Bly]

Annie, this is what etrade told me...

Dear [Captain Bly],

Thank you for your message regarding your portfolio inquiry for your E*TRADE Brokerage account.

I can see that 29259J980 (ENCOUNTER TECHNOLOGIES INC), 29259J998 (ENCOUNTER TECHNOLOGIES INC CONTRA CUSIP), and 705991099 (PEGASUS TEL INC B PFD CONTRA) are not trading at this time. For your reference, a stock is considered worthless once it has been de-listed from the exchanges, or when there is no market for the security.

To remove the shares from the account, please submit a request to write off these worthless stocks at the following URL:

https://us.etrade.com/e/t/estation/WorthlessSecurities

Alternately, you can call 1800-387-2331 and ask for a Customer Service Representative to submit the request for you. Please be aware that there is a $5 fee for each worthless security transaction. Please allow one business day for the request to be completed.

Provided we receive the request on or before December 31 of this year, the transaction will be processed for the current tax year. E*TRADE will buy all shares of this security from your account for $0.01, which will be reflected on your 1099 form for tax purposes. You can also see this on the Trade Confirmation that will be generated, which can be found on our website by clicking on Accounts >> Tax & Account Records.

E*TRADE Securities LLC is not licensed for tax advice, and cannot provide any information that could be considered tax advice. Should you need additional information on tax reporting, please consult a tax advisor or accountant.