Telefix Communications Holdings Inc. (TLFX)

[pennypuptech]

HIGHLIGHTS OF 10-q

Q3- The Company established vendor partnership program with major carrier

Q3- The Company has generated interest from a major carrier and OEM, and established a sales
pipeline for its innovative technology. The company is in the process of securing additional
capital for further development and implementation, to scale operations in multiple regions, and
operating working capital

The Company pledged 1 share of Series B Preferred Stock for control block 51%.

Understandable with the pledged shares, upwards of 300 million locked through July.

The Company has a lease agreement for 2800 SF of office space with a 6 month rent free concession. This is a
temporary space to house administrative and temporary technical command center until the Company is able to
remodel permanent space of approximately 5000 SF. This space will mostly be accommodating TeleFix’s full
24/7/365 Technical Command Center. This Command Center is key to TeleFix’s full execution of service
delivery’s business model of “Getting the Job Done Right the First Time.”

Is this the same as the office we've been seeing or is this a new location? 24/7/365 technical command center?!

Q3 – The Company did not generate revenue in last two reporting period resulting from loss of
tech crews due to violation of company safety policies.

We now know why. Not sure when or how this happened - I find it odd that I asked for their safety standard many times but never got 'em.

Q3 – The Company recorded the loss of $3,755 due to employee theft of computer and tower
climber gear and equipment;

And there's why. Obviously they hired some morally inept folks.


No stock sales were issued in Q3
$245,000 in cash and cash equivalents.
$868,000 in total liabilities. - very low IMO.
480M outstanding share count - has not changed since last Q
Surprisingly - no income from operations. All work being done pro bono?
Net loss of $63,000ish
No shares for further funding or employee compensation