Pegasus Tel, Inc. (PTEL) Announces Engagement of Legal and Accounting Firms
03 Maio 2011 - 9:07AM
Marketwired
Pegasus Tel, Inc. (OTCBB: PTEL), a Company
specializing in the promotion and marketing of social media, video
technology, and on-line streaming platforms, announced that it has
engaged Greenberg Traurig, LLP as outside counsel for the Company
and Sherb & Co., LLP as its outside PCAOB qualified audit firm,
both focused on filing the required SEC filings.
"We take the reporting requirement very seriously, and we
understand the benefit that the transparency of the Bulletin Board
brings to the Company and its shareholders," stated Anthony DiBiase, CEO of Pegasus Tel,
Inc. and Encounter Technologies, Inc.
(PINKSHEETS: ENTI). "We believe that hiring best in class vendors
like Greenberg and Sherb is important in growing the corporate
enterprises for both PTEL and ENTI and reinforcing the premium position of MusicMatrix.com, FilmRookie.com and our Internet Yellow
Page business in the marketplace."
On March 30, 2011, DiBiase was named the
new CEO for Pegasus Tel, Inc. and as a
result, he declared a one-for-one dividend for ENTI Shareholders. On a dividend payable date to be
announced this week, all current ENTI shareholders will receive one share of Pegasus for each share they hold in Encounter Technologies.
Greenberg Traurig, LLP (www.gtlaw.com) has a long history of
working with leading technology companies. With more than 30
locations around the globe, it has the resources and expertise to
help businesses successfully navigate change. Sherb & Co., LLP
(www.sherbcpa.com) is a full-service CPA firm with decades of
experience and an established track record of providing top quality
accounting work to public companies.
"The value of these business relationships will also be
extremely beneficial to ENTI as it completes
the process of becoming a fully reporting company," concludes
DiBiase.
ABOUT PEGASUS TEL, INC. (PTEL)
Pegasus Tel, Inc. specializes in the
promotion and marketing of social media, video technology
platforms, and on-line web solutions which meet the goals of their
strategic partners and customers. The Company markets internet
platforms for businesses and customers interested in utilizing
video technology to increase their online presence for their
products and services.
ABOUT ENCOUNTER TECHNOLOGIES, INC.
(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.
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: Pegasus Tel, Inc. Eric Pfiefer
press@ptelcorp.com Encounter Technologies, Inc. Sheri Cook
press@encountertech.com
Encounter Technologies (CE) (USOTC:ENTI)
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