Replies to post #107138 on Encounter Development Technologies Inc. (ENTI)

[imoz]

It is the problem all startups face, but ENTI and Tony are doing it!!! You gotta give them a lot of credit for making headway in spite of all the naysayers.

[cjctrader]

Guess you missed the podcast about the substantial line of credit that will be available upon the closure of the PTEL deal.

Guess you missed the podcast that some of the development fees are part of a business structure with some "skin in the game" services.

Glad you think there has been decent execution, and you are correct in the general statement that some sort of cash capital is necessary to fund expenses.

Your other assumptions are disconnected from reality.

And the vehicle of Wall Street that encompasses public companies is indeed to allow companies like Microsoft, Ebay, Amazon, Ford, ENTI, and the like to raise cash to expand their business plan.

[northpenny]

The CEO has stated that MMX is on the verge of ramping up exposure and business . So much so that he saw a quicker route via PTEL to do that. Upon uplisting the LOC becomes available. Pair these two events-ready to dramatically increase MMX exposure, and the LOC and it seems entirely unlikely they would go under. In fact quite the opposite as they are on the verge of being better off financially than at any point. PS. Sorry CJ, didn't mean to duplicate you, I'm a slow typer.

[illflyifyoubuy]

LOL... MMX was transferd or "sold" to Pegasus for that very reason... Lol... Didn't you hear?

[jimblob]

Guess we will all know in 4 weeks or less. That's the amount of time left for the PTEL deal and the LOC to be brought in. Remember, Tony said the closing is running ahead of schedule