Attached files
file | filename |
---|---|
10-K - Teleconnect Inc. | v171246_10k.htm |
EX-32.1 - Teleconnect Inc. | v171246_ex32-1.htm |
EX-99.1 - Teleconnect Inc. | v171246_ex99-1.htm |
EX-31.1 - Teleconnect Inc. | v171246_ex31-1.htm |
EXHIBIT
21
Description of
Subsidiaries
As of
September 30, 2009, Teleconnect Inc. had four subsidiaries, specifically: (i)
Teleconnect Comunicaciones, S.A., 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, January 12, 2010, all Spanish subsidiaries
of the Company have been sold to third parties before a public Spanish notary
and the corresponding deeds incorporated into the Public Mercantile Registry in
Madrid, Spain. As such, Teleconnect Inc has ceased to have interests
in companies organized in Spain, except for a 10% shareholding in Teleconnect
Communicaciones SA, and is focusing its future business strategy on a new retail
business presently based in Holland.