Replies to post #86218 on Encounter Development Technologies Inc. (ENTI)

[malekabal42]

If the price and revenues are going up, there's no need to do a RS. It would be easy enough to find an investor to help buyback shares. These pinksheet and bulleting board stocks do a RS as a ploy to get more investors. Existing longs almost always lose most of their investment.

[northpenny]

Simply by virtue of many fewer shares and leverage of those shares being lost.

[rat2k10]

Lets do some math. You hold 10M shares, pps is .0011 they do a 5000 to 1 split. You now have 2000 shares at the current price of $5.50

Wow now you have 2000 x 5.50 = $11,000 basically lunch money.

No thanks R/S are never GOOD. 10m at .01 I will take that any day. I have been burnt be R/S in the past.