SEC Form 4 · accession 0001294447-18-000008
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
Feb 12, 2016
Accepted (ET)
Nov 7, 2018 · 10:51 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,F4 | Nov 7, 2018 | G | 374,280,000 | $0.00 | D | 11,402,934,383 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1As of the date and time of this report, the Reporting Person owns 11,777,214,383 shares of the Issuer's common stock.
- F2On or about February 12, 2016, the Reporting Person, indirectly through First Hudson Trust of New York (SEC CIK 000129448) ("First Trust") and Electronic Merchant Systems Rochester, Inc. (SEC CIK 0001595280) ("EMSR"), entered into a stock purchase agreement; whereby, First Trust and EMSR sold their control shares in Central Wireless, Inc., a Colorado corporation (SEC CIK 0000814070) (US.CWIR.PK) ("Central"), to Charles Townsend of Roseville, California. First Trust and EMSR have continually noticed Mr. Townsend that he is in default under that certain stock purchase agreement; principally, because he never issued shares to 16 persons who were required to be issued shares under that certain agreement. Consequently, the Reporting Person, from shares that he owns in the Issuer, is offering to settle with those persons who are entitled to shares in Central and who have not received them, by issuing them shares in the Issuer.
- F3For purposes of interpretation, the Reporting Person is gifting the shares to the settling shareholders of Central Wireless, Inc., a Colorado corporation ("Central").
- F4The original number of shares to be issued as settlement to persons entitled to receive shares in Central Wireless, Inc., a Colorado corporation ("Central") was to have been 674,280,000 shares. Pursuant to the settlement, the Reporting Person is issuing 374,280,000 shares to the settling parties, as the Reporting Person previously transferred Schooner Equities LLC 300,000,000 shares as a part of a larger settlement. The Issuer's chief administrative officer and First Hudson Trust of New York, the ownership of which is indirectly claimed by the Issuer's President, are among those entitled to receive Central shares for their prior service to Central.