Telefix Communications Holdings Inc. (TLFX): They racked up 3/4 of million dollars in...

Telefix Communications Holdings Inc. (TLFX)

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MIKEY501

Re: Josh3654 post# 24210

Wednesday, 10/01/2014 8:47:37 PM

Wednesday, October 01, 2014 8:47:37 PM

They racked up 3/4 of million dollars in debt and if you look at their financials they owe massive payroll taxes. They got the cash from the shares they sold awhile back but according to their financials they have credit lines but they owe a crap load on them too. The company is basically living off 95% of borrowed money and cash they get for stock sales. They need to tell their shareholders what the heck is going on here. How the heck can you only make $70k for the company in an entire year LOL.

The financials only included up to 6-30-2014 so who knows how much more stock they may have issued since then.

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