SEC Form 4 · accession 0001294447-18-000007
Encounter Technologies, Inc. · ENTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randolph S Hudson
Officer — Chairman, Pres., CEO, Treas. · Director · 10% Owner · Other
Period of report
Oct 16, 2018
Accepted (ET)
Nov 7, 2018 · 9:56 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001109697
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.001 par value per shareF1,F2,F3,F4 | Nov 6, 2018 | I | 1,000,000,000 | $200.00 | D | 11,777,214,383 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As 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.
- F2The 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.
- F3The 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.
- F4In 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.