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To: shortsinthesand who wrote (205)12/2/2005 8:50:34 AM
From: scion  Read Replies (1) | Respond to of 12518
 
James Turek II, the majority shareholder of TELCOBLUE, is the son of James N. Turek, the company's President.

James Turek II 28,500,000 75%

James N. Turek, President & CFO TELCOBLUE INC

Item 9. Directors, Executive Officers, Promoters and Control Persons; Compliance
with Section 16(a) of the Exchange Act.

Officers and Directors

The following chart sets forth information on our officers and directors as of
December 31, 2004:

Name Age Title
-------- ---- -----------------------
James N. Turek 59 CEO, CFO & Director
James Bonn 73 Secretary

Our Bylaws require that we have a minimum of one director. Directors are elected
at our annual meeting to be held on the 6th of November. Directors shall serve
until their successors are duly elected or appointed. A vacancy on the Board of
Directors may be filled by a majority vote of the remaining directors.

10KSB 7th Page of 20 TOC 1st Previous Next Bottom Just 7th

Identify Significant Employees

As of the date of this annual report, telcoBlue has no persons other than the
new officers and directors discussed in the Form 8-K filed February 10, 2004
that are expected to make significant contributions to the operations of
telcoBlue.

Family Relationships

James Turek II, the majority shareholder of telcoBlue, is the son of James N. Turek, the company's President.

Item 10. Executive Compensation.

SUMMARY COMPENSATION TABLE

Annual Long Term
Compensation Compensation
-------------------------------------
Name and principal position Year Salary* Bonus*

James N. Turek, President & CFO 2004
James Bonn 2004

*James N. Turek and James Bonn did not take a salary or receive a bonus for the
year 2004 but they are not precluded as a result from being paid at a future
date for the year 2004.

Item 11. Security Ownership of Certain Beneficial Owners and Management.

The following table sets forth information as of December 31, 2004, regarding
the ownership of telcoBlue's common stock by each shareholder known to telcoBlue
to be the beneficial owner of more than five percent of its outstanding shares
of common stock, each director and all executive officers and directors as a
group. Except as otherwise indicated, each of the shareholders has sole voting
and investment power with respect to the shares of common stock beneficially
owned.

NAME AMOUNT OF COMMON STOCK PERCENT OF COMMON STOCK
BENEFICIALLY OWNED BENEFICIALLY OWNED
--------------------------------------------------------------------------------
James Turek II 28,500,000 75%

secinfo.com