Encounter Technologies, Inc. (ENTI) Releases Short Sale Data for Trading Activity Marketwire “Press Releases “
NEW YORK, NY — (MARKET WIRE) — 10/25/10 — Encounter Technologies, Inc. (PINKSHEETS: ENTI) releases the latest short sale data for trading activity from August 12, 2010 through September 30, 2010 . Approximately 38.46% of daily trading volume was short selling during that time frame. Buyins.net, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, compiled the data for ENTI.
“This information supports our decision to offer shareholders a dividend to provide greater value and at the same time stop short selling,” states CEO Anthony DiBiase . “Market makers can intentionally hold down the share price of the stock for their own gain thus hurting our shareholders. Until November 15, 2010 , market makers will be prevented from short selling our stock.”
Encounter Technologies, Inc. initiated a 5% Restricted Common Stock Dividend for all shareholders of record for 30 days from the start date of October 14, 2010 . The official record date is November 15, 2010 . On this date ( November 15, 2010 ), all shareholders of record will receive a restricted stock dividend equivalent to 5% of their recorded shareholdings. The shares will be restricted for a period of 1 year and will be eligible for free trading on that anniversary date.
Short Sale Data for Encounter Technologies, Inc.
Date Short Volume Total Volume Percent 9/30/2010 23,130,200 29,382,428 78.72 9/29/2010 35,168,041 57,428,600 61.24 9/28/2010 19,285,395 30,603,200 63.02 9/27/2010 16,800,022 39,107,000 42.96 9/24/2010 11,465,999 34,895,700 32.86 9/23/2010 3,380,200 25,818,000 13.09 9/22/2010 3,784,806 38,111,900 9.93 9/21/2010 6,251,685 12,750,700 49.03 9/20/2010 14,131,429 24,073,300 58.7 9/17/2010 8,017,409 14,850,100 53.99 9/16/2010 14,231,000 62,105,300 22.91 9/15/2010 9,762,700 26,262,200 37.17 9/14/2010 58,891,175 92,371,700 63.75 9/13/2010 6,699,998 15,030,700 44.58 9/10/2010 24,191,920 29,752,700 81.31 9/9/2010 22,146,800 61,728,500 35.88 9/8/2010 11,270,000 28,755,200 39.19 9/7/2010 11,651,618 26,545,200 43.89 9/3/2010 101,730,829 118,202,100 86.07 9/2/2010 13,525,632 18,670,600 72.44 9/1/2010 30,853,623 33,508,300 92.08 8/31/2010 12,357,033 20,378,800 60.64 8/30/2010 14,349,057 25,426,900 56.43 8/27/2010 9,465,000 30,055,300 31.49 8/26/2010 137,189,819 403,156,400 34.03 8/25/2010 22,562,383 79,797,400 28.27 8/24/2010 5,854,529 24,168,700 24.22 8/23/2010 13,600,005 38,949,000 34.92 8/20/2010 14,187,025 21,878,000 64.85 8/19/2010 46,709,673 131,459,400 35.53 8/18/2010 116,305,727 321,193,700 36.21 8/17/2010 17,175,948 41,079,300 41.81 8/16/2010 14,064,000 53,472,300 26.3 8/13/2010 74,399,100 87,813,900 84.72 8/12/2010 118,484,635 310,655,300 38.14 Total 6,363,923,022 16,547,953,528 38.46%