Telefix Communications Holdings Inc. (TLFX)

[pennypuptech]

Thanks Mikey, here's what I got to say about this:

Absolutely no surprise here, especially for those that have been here for a while. Shareholders are near the bottom of the barrel for this company (and this market as a whole). It's a shame... but I digress.

I hope many were out, or at least holding free shares... Here is the silver lining I see here.

Effective Date was set for 12/30
I don't know what affect this has considering trades have been going off since then (obviously).

Mezaun has cannibalized some of her holdings.
1.1M Preferred shares, each convertible into TWO common shares. THESE ARE UNTOUCHED per the R/S. Mezaun has 61M common stock (which were obviously affected), 1.1M preferred (all hers), and the controlling block Preferred B. The real question is: Is Mezaun going into this presuming her current common shares are as good as worthless because she thinks the stock price will go down? Or, is Mezaun saying 'meh, I think these will be worth the same amount...' - hopefully the latter.

Mezaun now holds ~1.2M common shares at the new price, 1.1M Preferred, convertible into 2.2M common shares. Controlling block is worth nothing other than for voting.

Issuable stock for services was earned by engaged Professional Consultants for CFO, technical,
marketing, product launch, HR, legal, and general business consulting services totaling $285,707 for
FY 2015.

No one has a clue who owns or holds (if they still do hold these shares) - it'd be nice to know if the people on the inside also got 'screwed' by the R/S. Which means they wouldn't, which means anyone holding stock here might actually even benefit from the R/S if this is eventually coupled with decent news releases.