Encounter Technologies, Inc. (ENTI) Announces Record Date of Monday, March 14th for Common Stock Dividend
11 Março 2011 - 12:59PM
Marketwired
Encounter Technologies, Inc. (PINKSHEETS:
ENTI) announces that Shareholders of Record as of Market Close on
this coming Monday, March 14, 2011 (Official Record Date) will
receive the previously announced Restricted Common Stock Dividend
equivalent to one percent (1%) of their recorded shareholdings. The
Dividend will be in the form of shares of
Encounter Technologies, Inc. The shares will be
restricted for a period of one year and eligible for free trading
on that anniversary date.
"It gives me great pleasure to again announce the payment of a
stock dividend," said CEO Anthony DiBiase.
"We want to thank our shareholders for their loyalty and support.
This decision gives greater value to our shareholders and will
continue to enhance liquidity and interest in our stock and
Company."
Encounter Technologies confirmed that this
is the first of four quarterly Dividends planned for this year. In
November 2010, The Board of Directors of Syndication voted to
approve a 4% Annual Restricted Common Stock Dividend for
shareholders in 2011. Shareholders of record will receive a
Restricted Common Stock Dividend equivalent to 1% of their recorded
shareholdings for each quarter this year. Specific dates and
instructions for the remaining Quarterly Common Stock Dividends
will be released as available.
ABOUT ENCOUNTER TECHNOLOGIES, INC.
(PINKSHEETS: ENTI)
Encounter Technologies, Inc. specializes
in social media, video technology and on-line entertainment web
solutions. The Company utilizes pre-built applications to provide
platforms for businesses interested in utilizing video technology
to increase online collaboration and interaction. The goal is to
provide 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 www.encountertech.com.
ABOUT MUSICMATRIX
MusicMatrix.com is the premier on-line
destination for artists, directors, producers, video editors and
music fans worldwide to upload, direct, edit and showcase unique
video content with groundbreaking, user-friendly, video editing
technology. Four interactive music video contests are currently
available on site for Hip Hop heavy-hitters Maino, Jae Millz, Chris Brown, Gorilla Zoe and
Vado. MusicMatrix is
set to launch its Pop Genre with Backstreet Boys
Howie D's Music Video Premier and Interactive Contest. A
revolving panel of celebrities and industry insiders judge each
contestant's video creation to determine who will take home the
prizes valued in excess of $3,000 per contest. MusicMatrix also serves as a rapidly expanding social
network where members can share custom videos, engage in the
promotion of their favorite artists, earn income and win amazing
prizes. For more information on MusicMatrix,
visit www.musicmatrix.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 under 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: Encounter Technologies, Inc. Sheri Cook Director of
Marketing sheri@encountertech.com
Encounter Technologies (CE) (USOTC:ENTI)
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