Telynx (fka TLYN)

[DueDillinger]

Acs deposition posted on Raging Bull TLXX board:

http://ragingbull.lycos.com/mboard/boards.cgi?board=TLXX&read=119752
http://ragingbull.lycos.com/mboard/boards.cgi?board=TLXX&read=119755

Excerpt:

Q. What is Advanced Telnyx Services Corporation?
A. It's a subsidiary of Penny King Holdings.
Q. What is its status, what is it; is it a corporation?
A. It is.
Q. Where is it incorporated?
A. Delaware.
Q. What is its business?
A. It attempts to do financing for companies.
Q. Does it hold any cash?
A. Currently not.
Q. Has it ever?
A. Nope.
Q. Has it ever owned any property?
A. Nope.
Q. Has it ever had any assets?
A. No.
Q. What is PKPI Corp.?
A. It's a Nevada corporation.
Q. What is your relationship to PKPI Corp.?
A. President, director.
Q. What does PKPI Corp. do?
A. Nothing.
Q. It has no business?
A. It's just a corporation, it has stock. It has no assets, no income.
Q. Is Telnyx, Inc. a corporation?
A. It is.
Q. Where is it incorporated?
A. Delaware.
Q. What is your relationship to Telnyx, Inx.?
A. Indirect stockholder.
Q. What do you mean by "indirect stockholder"?
A. Penny King Holdings Corporation owns preferred stock in Telnyx, Inc. which hasn't yet been delivered under a previous agreement.
Q. What is the business of Telnyx?
A. It used to be a software company, now it's an insolvent corporation.
Q. Where is it located?
A. As far as its address?
Q. Uh-huh.
A. The legal address is here in Reno, same address as Penny King Holdings and all other companies.
Q. Who is the president of Telnyx?
A. Gary Miller.