Telefix Communications Holdings Inc. (TLFX)

[BeachBum]

TLFX Q4 REPORT OUT> http://www.otcmarkets.com/financialReportViewer?symbol=TLFX&id=125213

Wasn't expecting that.

>>NO DILUTION. NO SHARE ISSUANCE<<

OTCMarkets.com
Shares Outstanding 480,264,612 a/o Apr 07, 2014

Q4 Financial 06/30/2014
Common Stock: $.001 Par Value 950,000,000 shares authorized,
480,264,612 Issued and Outstanding

$23K more in receivables from last Q and $10K more in cash. Looks like they are starting to bill for services.

Q4 material change>>

a)Q4-the Company’s liabilities grew due to costs associated with increased staff in Engineering, Business Development, and Project Managment, and roll-out of proprietary technology.
b)Q4-Approximately $16,000 of accounts payables are currently under dispute
c)Q4-Additional expenditures incurred in development of proprietary technology system.