Encounter Development Technologies Inc. (ENTI)

[Slojab]

Finally!

In terms of further repositioning, we are awaiting regulatory approval to change the company's name to "National Properties Trust". The state informed me late yesterday that would occur in not less than 10 days. (Because we want to use the word "trust" in our name, the state must make certain the public has no objections to us using a banking name, and that there are no conflicts with other companies by our use of that name.)