Replies to post #33311 on Telefix Communications Holdings Inc. (TLFX)

[kingpindg]

pup, you need to check...


the corrections that were filed. Effective date was changed to 1/15 and R/S factor was changed to 1:100.



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[Nabbbss]

The R/S is 1:100 (one for 100). It was corrected from the
original draft that stated 1:500.

This 1:100 R/S results in there being 4.8 Million Shares O/S.

IMO, this is a VERY ill-liquid and unworkable quantity. That is,
one can hardly do ANYthing with a mere 4.8 Million Shares. Even
more simply-put -- 4.8 Million Shares O/S is TOO FEW. (IMO)

Am I right, or am I right? :-)

Seems like a 1:10 (one for 10) R/S should have / would have been
more reasonable, realistic, and logical. THAT would have resulted
in there being 48.0 Million Shares O/S, a MUCH MORE WORKABLE
and VIABLE quantity.


https://www.dropbox.com/s/ztzfydhpbkl2y2j/Telefix_NV_SOS_docs_RS_Redacted.pdf?dl=0