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RJ Trotts

05/15/10 1:29 PM

#184056 RE: Lurker from Mars #184055

Where is the 5m reduction that was promised? Now we have additional 30m+ shares in the o/s. Sure 50m is more than 30m, and 100m is more than 50m, I understand math. But rule #1 to investing is NEVER try to catch a falling knife, or buy a stock that is continus dumping of new shares on the market.

The problem I have, is that at 675m the o/s was alot, now we add many million more shares. We are very close to the MAX 750 a/s. Why did mgmt not retire there own? Rather than adding new shares in the market.

I do not care what the reason is for dumping millions on us, the fact is the market did NOT welcome the additional shares to the o/s, nor will it welcome more.

Right before the latest increase, per the update on the website, it stated they DID NOT EXPECT MORE DILUTION....then only a day or so later, the o/s was yet INCREASED AGAIN! Go figure. Now can the updates be taken seriously? Then the 5m share reduction, still yet to see that reported by the t/a? Why? I am not going to candy coat mgmt that continues to dump shares on the market, nor should any shareholder.

Look at what happend: March 2010 the PPS is HOLDING well over a penny a share after the MATW Form. Then a PAID PUMPER gets introuduced, then insiders dump some shares, then company dumps shares on us. Hmmm, it is not rocket science. This is why I am NOT adding more shares until I see the 5m reduced, and mgmt confident that they are NOT going to dump more shares. Hence the reason why we are trading well under the penny area.

Sure the MATW deal is going to be good...but what...when... and how will it benefit ENTL? What are the details, we are out in the blind on the revenues. As far as the candle division, I would like to see some guidance, but nothing to date? Why?