Replies to post #62133 on Encounter Development Technologies Inc. (ENTI)

[slazenger7]

"5% Restricted Common Stock Dividend for all shareholders of record as of 30 days from the date of October 14, 2010 (Official Record Date is November 15, 2010). On this date (November 15, 2010), the shareholders of record will receive a restricted stock dividend equivalent to 5% of their recorded shareholdings. The shares will be restricted for a period of 1 year and will be eligible for free trading on that anniversary date. A recent increase in authorized shares in the company will be used to fund this shareholder dividend."

[slazenger7]

"This decision will give greater value to our shareholders and at the same time stop for 30 days the short selling by market makers who intentionally hold down the share price of the stock for their own gain," states CEO Anthony DiBiase. "During the next 30 days, market makers will be prevented from short selling our stock. I highly recommend that everyone who invests in the OTC markets read the following article titled "Games Short Sellers Play" published by Bloomberg Markets online at" -


http://www.buyins.net/articles/gamesshortsellersplay.pdf

.

[Nabbbss]

Encounter Technologies, Inc. Board of Directors Declare Common Stock Dividend

Board Resolution Issued to Increase Shareholder Value and Prevent Stock Price Shorting by Market Makers

Oct 14, 2010 9:51:00 AM
2010 GlobeNewswire, Inc.

NEW YORK, Oct. 14, 2010 (GLOBE NEWSWIRE) -- Encounter Technologies, Inc. (Pink Sheets:ENTI) announces the Board of Directors of Syndication voted to approve a 5% Restricted Common Stock Dividend for all Shareholders of record as of 30 days from the date of October 14, 2010 (Official Record Date is November 15, 2010).

On this date (November 15, 2010), the Shareholders of record will receive a Restricted stock dividend equivalent to 5% of their recorded shareholdings. The shares will be Restricted for a period of 1 year, and will be eligible for free trading on that anniversary date. A recent increase in authorized shares in the company will be used to fund this Shareholder dividend.

"This decision will give greater value to our shareholders and at the same time stop for 30 days the short selling by market makers who intentionally hold down the share price of the stock for their own gain," states CEO Anthony DiBiase.

"During the next 30 days, market makers will be prevented from short selling our stock. I highly recommend that everyone who invests in the OTC markets read the following article titled "Games Short Sellers Play" published by Bloomberg Markets online at http://www.buyins.net/articles/gamesshortsellersplay.pdf "

About Encounter Technologies, Inc. (ENTI)

Encounter Technologies, Inc. provides end-to-end technology and online marketing services, including design, build, hosting, and online marketing support. We specialize in social media, video technology, and online entertainment web solutions. Encounter Technologies, Inc. utilizes their pre-built applications to provide the platforms in which to base solutions for businesses looking to utilize video technology to increase online collaboration and interaction.

Our goal is to provide our clients with the best methods to increase user value and achieve desired business results. Simply put, Encounter Technologies, Inc. transforms ideas into revenues. For more information about Encounter Technologies, Inc., visit http://www.encountertech.com.

This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks.

You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Encounter Technologies, Inc. under take no obligation to update such statements.

CONTACT: Gerrard Hollister
Investor Relations
[phone]
[e-mail]

[TruckingAngler]

Todays new shorting rule :

New shorting laws come into effect TODAY !

This rule was introduced with the filing of SR-FINRA-2010-028, which has been approved by the SEC. This rule becomes effective on October 15, 2010.
(a) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a non-reporting threshold security for 13 consecutive settlement days, the participant shall immediately thereafter close out the fail to deliver position by purchasing securities of like kind and quantity.[color=red][/color]
(1) Provided, however, if a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency for thirty-five consecutive settlement days in a non-reporting threshold security that was sold pursuant to SEC Rule 144, the participant shall immediately thereafter close out the fail to deliver position in the security by purchasing securities of like kind and quantity. The requirements in paragraph (b) shall apply to all such fails to deliver that are not closed out in conformance with this paragraph (a)(1).
(b) If a participant of a registered clearing agency has a fail to deliver position at a registered clearing agency in a non-reporting threshold security for 13 consecutive settlement days (or 35 consecutive settlement days if entitled to rely on paragraph (a)(1)), the participant and any broker or dealer for which it clears transactions, including any market maker that would otherwise be entitled to rely on the exception provided in paragraph (b)(2)(iii) of Rule 203 of SEC Regulation SHO, may not accept a short sale order in the non-reporting threshold security from another person, or effect a short sale in the non-reporting threshold security for its own account, without borrowing the security or entering into a bona-fide arrangement to borrow the security, until the participant closes out the fail to deliver position by purchasing securities of like kind and quantity and that purchase has cleared and settled at a registered clearing agency.
(c) If a participant of a registered clearing agency reasonably allocates a portion of a fail to deliver position to another registered broker or dealer for which it clears trades or for which it is responsible for settlement, based on such broker or dealer's short position, then the provisions of this Rule relating to such fail to deliver position shall apply to the portion of the fail to deliver position allocated to such registered broker or dealer, and not to the participant.
(d) A participant of a registered clearing agency shall not be deemed to have fulfilled the requirements of this Rule where the participant enters into an arrangement with another person to purchase securities as required by this Rule, and the participant knows or has reason to know that the other person will not deliver securities in settlement of the purchase.
(e) For the purposes of this Rule, the following terms shall have the meanings below:
(1) the term “market maker” has the same meaning as in Section 3(a)(38) of the Exchange Act.
(2) the term “non-reporting threshold security” means any equity security of an issuer that is not registered pursuant to Section 12 of the Exchange Act and for which the issuer is not required to file reports pursuant to Section 15(d) of the Exchange Act: