Pegasus Tel Inc (PTEL)

[Lazarus]

For now...

Jerry Gruenbaum was CEO

he went to prison over some tax matters

Relevant:

Pursuant to Section 15(b)(6) of the Exchange Act Respondent Gruenbaum be, and hereby
is barred from participating in any offering of a penny stock, including: acting as a promoter,
finder, consultant, agent or other person who engages in activities with a broker, dealer or issuer
for purposes of the issuance or trading in any penny stock, or inducing or attempting to induce the
purchase or sale of any penny stock.

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Perhaps at some future date the shell may change hands.