Attached files
file | filename |
---|---|
10-K/A - Teleconnect Inc. | v163684_10ka.htm |
EX-31.1 - Teleconnect Inc. | v163684_ex31-1.htm |
EX-32.1 - Teleconnect Inc. | v163684_ex32-1.htm |
EX-31.2 - Teleconnect Inc. | v163684_ex31-2.htm |
EXHIBIT
21
Description of
Subsidiaries
As of
September 30, 2008, Teleconnect Inc . has five subsidiaries, specifically: (i)
Teleconnect Comunicaciones, S.A., a company organized under the laws of Spain;
and (ii) ITS Europe S.L., a company organized under the laws of Spain. (iii)
Teleconnect Telecom S.L., a company organized under the laws of Spain, (iv)
PhotoWizz B.V., a company organized under the laws of Holland; and (v)
Recarganet S.L., a company organized under the laws of Spain.
As of the
date of this filing, August 12, 2009, ITS Europe has been sold
before a notary to a third party and the next shareholders’ meeting will seek
approval from the shareholders to sell Teleconnect Comunicaciones SA and
Teleconnect Telecom SL. If approved, Teleconnect Inc would cease to
have interests in Spain and would focus its future business strategy on a new
retail business initially based in Holland.