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Re: BeachBum post# 21977

Friday, 04/18/2014 12:59:30 PM

Friday, April 18, 2014 12:59:30 PM

Post# of 34559
Telefix is reorganizing. Everything they were doing has been suspended until financing comes through (which it has). Now, we wait.

Absolutely EVERYTHING else that people say in this board is pure speculation.

I've run a few businesses in the past that have put me in quite a financially secure position. I'm as qualified as anyone to analyze Telefix. What Telefix is doing is what a lot of startups have done when entering in to an industry with significant financial entry barriers ... they are regrouping for another go, from a better financial position, and with clearer and more achievable goals.

(Speculation ahead)

They aren't saying anything because there's nothing to say right now. They are probably talking to the Verizons and AT&T's of the world and may have been for some time; ostensibly to get work. They would also be preparing a new corporate structure and shuffling employees and contractors around to prepare for re-entry.

It's possible that they are preparing for a significant pivot. However, a casual poke in to their web page shows that someone is actively maintaining it and has made some small changes. That would suggest that they plan to continue within their industry.

It's unlikely, but possible, that they are preparing for a liquidation. However, they wouldn't bother with a reporting or the hiring of type of attorney that they have were this the case.

The ONLY thing that anyone can do, right now, is listen and wait.