Randolph S. Hudson - 16 Oct 2018 Form 4 Insider Report for Encounter Technologies, Inc.

Signature
Randolph S. Hudson
Issuer symbol
N/A
Transactions as of
16 Oct 2018
Net transactions value
-$200,000,000,000
Form type
4
Filing time
07 Nov 2018, 09:56:34 UTC
Previous filing
04 Oct 2018
Next filing
11 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENTI Common Stock, $0.001 par value per share Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $200,000,000,000 -1,000,000,000 -7.8% $200.00* 11,777,214,383 06 Nov 2018 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As at the filing date of this report, and prior to the effect of the transaction described herein, the Reporting Person owns 12,777,214,383 shares of the Issuer's common stock.
F2 The earliest transaction associated with this report is October 16, 2018; whereunder the Reporting Person agreed to transfer shares owned by him to four of the Issuer's officers and/or directors. The most recent transaction occurred on the filing date hereof, November 7, 2018.
F3 The Reporting Person, in the interest of retaining qualified management, transferred 250,000,000 shares to each the Issuer's four officers and or directors under a discretionary transaction pursuant to 17 CFR 240.16b-3, because the Issuer's Omnibus Stock Plan has not been made to become effective. All of the subject shares will be subject to the restrictions applicable to persons who serve as officers, directors, and/or insiders of a U. S.-based public company pursuant to the applicability of Rules 144 and 145, respectively.
F4 In addition to the shares of common stock owned by the Reporting Person following the event(s) described in this report, the Reporting Person continues to own 50,000,000 shares of the Issuer's Series A Preferred Stock.

Remarks:

By the filing of this report, the Reporting Person deems that he is compliant under his ownership reporting requirements pursuant to Section 16 of the Securities Exchange Act of 1934.