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TERMINATION OF OSCEOLA GOLD TRANSACTION
Business
Jun 12 2015
4 min read

TERMINATION OF OSCEOLA GOLD TRANSACTION

Effective this date, the Board of Directors of National Properties Trust (formerly Encounter Technologies, Inc.), a Colorado corporation, has rescinded its preliminary understandings with Osceola Gold Inc., a Colorado corporation, and its attorneys, designees, or assigns.

Randolph S. Hudson, the company's Chairman and Chief Executive Officer stated, "It is unfortunate that we were not able to consummate the transaction with Osceola.  Perhaps, if situations change in future, we may be able to reach some accord in this matter.  However, at this point, the company will revert to its previous management and former plan of operations."

For additional information, shareholders and investors are invited to contact Mr. Hudson, if by telephone, to (702) 546-6480, or, if by e-mail; to [email protected].

This announcement is for informational purposes only.  The information contained herein is not an offer to sell or a solicitation to buy securities of any of the companies mentioned in this announcement as defined under the Securities Act of 1933.  Potential investors should carefully read all public filings that the Company has filed or will file with OTC Markets Group, Inc., and with other reliable information services.  Prior to making any investment, investors should always consult with a licensed financial advisor and legal professional to determine if the investment is suitable for you.

This announcement contains "forward-looking statements" (as such term is defined in the Private Securities Litigation Reform Act of 1995), 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 (the "Exchange Act").  All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements.

Forward-looking statements include any statement or graphic that may project, indicate, or imply future results, events, performance, or achievements.  The forward-looking statements contained herein are based on current expectations that involve a number of risks and uncertainties.  These statements can be identified by the use of forward-looking terminology such as "projects", "believes", "expect", "may", "will", "should", "intend", "plan", "could", "estimate", or "anticipate", or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. Given the risks and uncertainties relating to forward-looking statements, investors should not place undue reliance on such statements.

Investors seeking to make an investment in penny stocks, buy stocks or funds, or make a stock investment to diversify a portfolio, should carefully evaluate and review all available information about the company and its principals.  Investing in the stock market based upon investment news or stock quote trends involves a high degree of risk and is not considered to be a safe investment such as investing in a money market account.  Investors should consult with your financial advisor before making any decision related to a money investment.