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