Replies to post #103333 on Encounter Development Technologies Inc. (ENTI)

[Werewolfe]

If mass buy orders are in we could gap up! The board's on fire!

[Nabbbss]

HUGE NEWS!!$$ ENTI/PTEL GIGANTIC-NEWS!$$ OXYGENnn!-my Oxygen mask...more

Encounter Technologies, Inc. (ENTI) Announces Strategic
Discussions With Pegasus Tel, Inc. (PTEL)

Date: 04/04/2011 @ 7:30AM EDT
Source: MarketWire
Stock: Encounter Technologies, Inc. (ENTI)

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Encounter Technologies, Inc. (PINKSHEETS: ENTI),
specializing in social media, video technology and online
streaming solutions, announced today Corporate discussions with Pegasus Tel, Inc.

As a result of these discussions, the Board of Directors of
Pegasus Tel, Inc. has appointed Encounter Technologies Director
Anthony DiBiase as their new Chief Executive Officer, and filed
an 8K Form on Thursday, March 31, 2011 with the Securities and
Exchange Commission (SEC) disclosing that event.

As part of the proposed plan, Encounter Technologies'
Music Matrix Website will be acquired by Pegasus Tel,
in exchange for preferred shares of Pegasus.

Those shares from Pegasus will be used by Encounter to fund a
Shareholder Dividend to all Encounter Shareholders.

The proposed dividend plan means all current Shareholders
will receive one share of Pegasus for each share they hold in
Encounter Technologies.

"The bottom line is, we expect this deal to be finalized
within 45 days, and our loyal ENTI Shareholders will have
increased stock value with ownership in two separate public
companies," stated DiBiase.

"Bringing ENTI Shareholders with me to Pegasus was the only
way I would even consider this plan," commented DiBiase
"My shareholders know it has always been my mission to get to
the Bulletin Board with our cutting edge technologies. This
opportunity with PTEL is the most effective way to reach a
higher level of funding and credibility for our business."

Encounter Technologies, Inc. will move forward with its
development and marketing of technologies in the lucrative
Internet Yellow Pages (IYP) and SEO/SEM industries, along
with a re-launch of its previously successful FilmRookie.com social Website.

"ENTI will continue working towards a Bulletin Board listing,
and MusicMatrix.com as a Bulletin Board business with Pegasus
will thrive immediately with access to a substantial credit line," concluded DiBiase.

To coincide with this announcement, Encounter Technologies
CEO DiBiase will release a Podcast on Tuesday, April 5 at
10:00am EDT to address this news and filing in greater
detail. To access the Podcast, please visit
http://www.encountertech.com.
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I need to pause and breathe.
joke