Thursday, February 20, 2014 8:59:23 AM
http://www.otcmarkets.com/stock/TLFX/news/TELEFIX-COMMUNICATIONS-HONORED-WITH-INNOVATION-RECOGNITION?id=70240&b=y
From the recent Q>>
TeleFix Communications Holdings, Inc.
Q2
Company received recognition from Verizon Wireless Innovation Awards for “forward thinking” and use of mobile technology in proprietary system developed for efficient and quality performance in service delivery. Planned roll-out of Phase 1 (Beta) ready for Q3 FY 2014 period ending 03.31.14.
Telefix has also been hiring. Confirmed>>
pennypuptech Tuesday, 02/18/14 02:33:52 PM
Re: None
Post # of 20248
$TLFX - New, Consolidated Due Diligence
Quarterly Financial Notes
Quote:Q2- The Company’s accounts payables and payroll tax payable accounts continue to grow as
tower climbing crews are recruited, outfitted, and capital items are purchased.
TLFX has hired crews through Q2 - Oct thru Dec. This has been confirmed by Meredith from Bridgework Partners... Also has relayed that at least two additional tower crews were to be hired by 2/10. "...we are hiring several crews. We really would like to have another 1-2 crews complete by 2/10."
Quote:Q2-Additional expenditures incurred in development of innovative proprietary system and
command center using cloud technology and virtualization.
WHAT IS THIS?!?!! More Due Diligence to come...
Quote:Q2-Company received recognition from Verizon Wireless Innovation Awards for “forward
thinking” and use of mobile technology in proprietary system developed for efficient and quality
performance in service delivery. Planned roll-out of Phase 1 (Beta) ready for Q3 FY 2014 period
ending 03.31.14.
We finally know what they were recognized for with Verizon! There is obviously some connection here!
Quote:In Quarter 1, FYE 6/30/14, the Company received an additional investment of $220,000 via debt
instrument from a private investor.
Q1-Private investor’s funds were used to ramp up tower service division and install mobile
technology for Command/Monitoring Center infrastructure.
Q-1The Company’s accounts payables and payroll tax payable accounts continue to grow as
tower climbing crews are outfitted and capital items are purchased.
That private investment money is going straight to the new tower crew hirings - which, through analyzing the words put out here for this period (MULTIPLE crews in Q1, I'm sure there were some during Q2), knowing that they've hired MULTIPLE crews already this year... it's fair to deduce that there are at least 4-4 man crews waiving the Telefix flag. Possibly many more.
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