Replies to post #4553 on Encore Energy Systems Inc (ENCS)

[qqbmed]

Read yesterdays news

[braveheart]

you had to be back in it last year to get the div,

[mick]

i remember from news item for this coming divy i think feb.5,2009.

need to verify this.

just checked,

OXFORD, MS - February 11, 2009 - Encore Energy Systems (PINKSHEETS: ENCS) announced today it completed its acquisition of BioConversions International. The transaction record date is 5 February 2009.

All record-date stockholders and all prior EGVI stockholders will receive, pro rata, $2,000,000 in Convertible Preferred Stock. The Preferred Stock may be converted into Common Stock annually. The Conversion feature will expire in 5 years.

This dividend is in addition to the previously declared cash dividend whereby all royalty income from the Company's patents will be distributed directly to stockholders. Shareholders will receive new Preferred Stock paying yearly dividends of cash or common stock upon redemption.