Replies to post #20415 on EnableTS Inc. (fka ENTS)

[Sharktnk]

Was holding on to see what might become of it ... Interesting that the last remnants (seemingly) of the old regime were just filed Friday and then today the DTC action.

[Cassandra]

This is a bizarre and confusing situation. As of May 31, 2011 Danny Jenkins, CEO of ENTS said he "rolled back" the acquisition of the EnableTS, Ltd. subsidiary, returning it to CLDR and resigned. He said that a new BOD had been appointed but didn't say who. He also referred to EnableTS, Inc. (the parent shell with ticker ENTS) by its former name of Mobile Media:
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=54228

Somehow, the EnableTS, Inc. did an apparent reverse merger with Medical Capital Management, LLC of Parsippany, NJ in October 2011:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68381483

According to OTC Markets, MCM is the owner of the ENTS shell and its: http://www.otcmarkets.com/stock/ENTS/company-info

The Jenkins brothers (Danny and Michael) along with David Lovatt (former CEO of both CLDR and ENTS and now COO of DNAD) earlier, really messed up all of these subsidiary musical chairs. The Jenkins brothers did a 1 for 1.08 forward split and name change for CLDR hoping that the new CUSIP would not have a DTC Global Lock. It backfired big time.

Not only did the new CUSIP get the same DTC lock, but the only MM who had been quoting CLDR on an unsolicited basis ceased and the stock ended up on the grey market.

It's likely Danny Jenkins didn't use proper procedures for his actions in "rolling back" the ENTS (fka MMUH) acquisition of the EnableTS subsidiary from CLDR, resulting in ENTS being under a DTC Global Lock just like CLDR. ENTS had previously been exited from the NSCC CNS system and designated trade for trade

Today's DTC lock is a much more restrictive action and will likely prevent MCM from using the shell to raise funds.

FWIW, I suspect that the Jenkins brothers meant to file the EnableTS financial report dated July 1, 2011 and filed on 1/3/2012 under the CLDR ticker/CUSIP instead of the ENTS ticker/CUSIP. http://www.otcmarkets.com/financialReportViewer?symbol=ENTS&id=69914