Replies to post #39040 on Encounter Development Technologies Inc. (ENTI)

[inti23]

the only thing i can conclude that all these PRs are BS and are made up to get our money! prove me wrong ENTI!

[cjctrader]

Already discussed,
perhaps the 1.75 is not immediate funds,
and immediate funds are necessary for spokesperson.
Perhaps the 500M shares are for additional spokespersons down the road.
Remember earlier PR that said there would be future spokespersons too, from various genres.
As my earlier posts stated, I trust the company's business strategy.
As a business owner for almost 30 years, I learned that cash flow is probably the most important aspect of business success.
Knowing this, I am confident that the $$ raised is necessary, and I am glad the funds are now in hand, and able to move this company forward.
It is true that it takes $$ to make $$.
As investors, we are simply helping the company have the funds available to grow and succeed.
If you are here to flip a few daily, ENTI's business plan might not work for you.
But again, in the end, cash flow is king.

[Mjbcard]

The 200,000,000 million shares added may not necessarily have gone into the float. The total volume today was a little over 200,000,000. If the shares would have entered the float today I would think that the volume would be much higher.

I'm not sure if anybody checked the TA yesterday for the O/S count but since the figure was higher today than previously the shares would have been added yesterday or Friday. I believe the TA only has current information from the close the previous day. If I'm incorrect please let me know.

Since the celebrity artist deal is finalized the shares may have been used as part of the payment to said artist (pure speculation on my part which I dislike doing.) If that is the case then ENTI received $0 dollars for those shares.

If ENTI did dilute those shares today into the market, even at the high of 0.0013 that is only $260,000. Definitly not enough to pay a top artist by todays standards.

I averaged down again today probably for the last time unless some of my other stocks start to move some and I exit those positions. Waiting on the news to refigure my exit strategy.

Good luck to all.

MJB

[newbie65]

the 1.75m? yea umm, it was a good story.

[Mokyo Toe]

1. I have always maintained that there never was going to be a "household name" celebrity, if one at all. Aside from the fact that the whole idea is cockamamie, startup websites use website ads and viral marketing, not TV ads with spokespeople (*nobody* writes down a url while watching TV, and Youtube, Pandora, facebook, LastFM got huge without a 'spokesperson').

The company insists there will be one. So assuming they give *all* of the $1.75 million, plus the million or so they got dumping 5 million shares in a month, they *might* have enough to sign a celebrity you've heard of. They could liquidate the entire company and not have the $$$ for the names they floated, however.

And, finding anyone to risk their prestige and public goodwill with a diluting pennystock company might be hard...

2. Or did they spend all that money on "video shoots"?? As someone who has worked on music video shoots, I can tell you that even the cheapest ones can approach 6 figures, and they *never* make money. They are lossleaders promoting product, like a new CD release. They will add precisely $0.00 value to musicmatrix.com, but they will cost a significant penny, even if they take the el-cheapo route.

3. Is there even a $1.75m to begin with? Isn't this the money from the uberdiluted SMPP, whose website was registered by the alleged seller of the "IP", R. DiBiase? Since neither company reports financials, and both went so far as to hide the buyer's name (while carelessly leaving the website registration behind), you will probably never know.

4. Was there ever really any money from Spire, either? Didn't those guys used to *run* ENTI?