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Filed Pursuant to Rule 424(b)(3)
Registration No. 333-49172
PROSPECTUS SUPPLEMENT
(To prospectus dated December 19, 2000)
TELYNX, INC.
130,598,040 SHARES OF COMMON STOCK
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This document supplements the prospectus dated December 19, 2000
relating to the sale of 130,598,040 shares of our common stock. We are not
selling any shares; the stockholders named in the prospectus are offering their
shares. This prospectus supplement is incorporated by reference into the
prospectus.
OUR OTC TRADING SYMBOL - TLYX
CLOSING PRICE (MAY 8, 2001): $0.0145
Nesher Ltd. and Talbiya B. Investments Ltd., two of the selling
stockholders named in the prospectus, have transferred some of their securities
to The Keshet Fund L.P. and Keshet L.P. This supplement amends the table on page
39 of the prospectus to reflect the transfer by Nesher of 6,225,750 shares of
common stock to The Keshet Fund and the transfer by Talbiya of 6,834,374 shares
of common stock to The Keshet Fund and 110,000 shares of common stock to Keshet
L.P., as selling stockholders owning, and offering hereby, a total of 59,370,124
shares of our common stock, as described on the following page.
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SEE "RISK FACTORS," WHICH BEGINS ON PAGE 9 OF THE ACCOMPANYING PROSPECTUS,
FOR CERTAIN INFORMATION THAT SHOULD BE CONSIDERED BY PROSPECTIVE INVESTORS.
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Neither the Securities and Exchange Commission nor any state securities
commission has approved or disapproved these securities, or determined if this
prospectus is truthful or complete. Any representation to the contrary is a
criminal offense.
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THE DATE OF THIS PROSPECTUS SUPPLEMENT IS MAY 10, 2001.
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SELLING STOCKHOLDERS
This prospectus relates to the registration of 130,598,040 shares of
common stock of Telynx for resale by certain selling stockholders. The following
table contains certain information about the selling stockholders and the shares
of common stock that they are offering pursuant to this prospectus.
PART A
NUMBER OF SHARES
NUMBER OF SHARES OF OF COMMON STOCK
COMMON STOCK NUMBER OF SHARES BENEFICIALLY OWNED
BENEFICIALLY OWNED OF COMMON STOCK AFTER THE
SELLING STOCKHOLDER BEFORE THE OFFERING REGISTERED HEREIN OFFERING
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Ibrahim Al Ibrahim 4,000,000 4,000,000 0
C/O Joseph Strycharz
Merrill Lynch
1850 K Street, Suite 700
Washington, DC 20006
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Ahmad Elebrahim 1,080,000 1,080,000 0
C/O Telynx, Inc.
6006 N. Mesa, Suite 515
El Paso, TX 79912
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Ghazi Alkhayyat 100,000 100,000 0
C/O Telynx, Inc.
6006 N. Mesa, Suite 515
El Paso, TX 79912
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Trenton Development, Ltd. 1,911,800 1,911,800 0
C/O Telynx, Inc.
6006 N. Mesa, Suite 515
El Paso, TX 79912
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Faris Faris 200,000 200,000 0
C/O Jordan Industrial
Petrochemical Co.,Ltd.
Jebal Amman, 3rd Circle
Jordan Insurance Building(B),
6th Floor
Amman, JORDAN
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Habib Faris 200,000 200,000 0
C/O Jordan Industrial
Petrochemical Co.,Ltd.
Jebal Amman, 3rd Circle
Jordan Insurance Building(B),
6th Floor
Amman, JORDAN
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Con Warren 20,000 20,000 0
C/O Phifer Consulting Group
P.O. Box 119
Lakewood, WA 98259
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Andrew Hollands 20,000 20,000 0
C/O Phifer Consulting Group
P.O. Box 119
Lakewood, WA 98259
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Stuart Vogelman 20,000 20,000 0
C/O Phifer Consulting Group
P.O. Box 119
Lakewood, WA 98259
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James Darden 20,000 20,000 0
C/O Phifer Consulting Group
P.O. Box 119
Lakewood, WA 98259
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Michael Barber
C/O Phifer Consulting Group
P.O. Box 119
Lakewood, WA 98259 20,000 20,000 0
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David C. Phifer
C/O Phifer Consulting Group
P.O. Box 119
Lakewood, WA 98259 4,000 4,000 0
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Best Consulting
C/O Tom Grimm, Esq.
Inslee, Best, Doezie & Ryder,
P.S
Rainier Plaza, Suite 1900
777 - 108th Avenue N.E.
Bellevue, WA 98009 15,000 15,000 0
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Mithoff/Burton & Partners, Inc. 44,678 44,678 0
4105 Rio Bravo Street
El Paso, TX 79902
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Townsend & O'Leary Enterprixex, 13,562 13,562 0
Inc.,
C/O Mithoff Advertising Inc.
4105 Rio Bravo Street
El Paso, TX 79902
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Strategic Management Services 15,000 15,000 0
15902 Coolwood Drive
Dallas, TX 75248
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Parsons Project 994,000 994,000 0
c/o Telynx Inc.
6006 N. Mesa, Suite 600
El Paso, TX 79912
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Lamya Al-Ali 1,680,000 1,680,000 0
c/o Telynx Inc.
6006 N. Mesa, Suite 600
El Paso, TX 79912
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Taisir Hussein 200,000 200,000 0
c/o Telynx Inc.
6006 N. Mesa, Suite 600
El Paso, TX 79912
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Gazem Abdulkhaleq 40,000 40,000 0
c/o Telynx Inc.
6006 N. Mesa, Suite 600
El Paso, TX 79912
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PART B
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The Keshet Fund L.P. (1) 2,833,333(6) 33,460,124(1) 0
Ragnall House, 18 Peel Road,
Douglas
Isle of Man
1M1 4L2 United Kingdom
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Keshet L.P.(2) 3,583,333(6) 25,910,000(2) 0
Ragnall House, 18 Peel Road,
Douglas
Isle of Man
1M1 4L2 United Kingdom
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Nesher Ltd.(3) 1,833,333(6) 6,974,250(3) 0
Ragnall House, 18 Peel Road,
Douglas
Isle of Man
1M1 4L2 United Kingdom
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Talbiya B. Investments 1,750,000(6) 5,655,626(4) 0
Ltd.(4)
Ragnall House, 18 Peel Road,
Douglas
Isle of Man
1M1 4L2 United Kingdom
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Esquire Trade & Finance,
Inc.(5)
Ragnall House, 18 Peel Road,
Douglas
Isle of Man
1M1 4L2 United Kingdom 11,376,540(6) 48,000,000(5) 0
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(1) These shares are issuable pursuant to the equity line of credit
agreement. This selling stockholder, who is a subscriber under the equity
line agreement, may not be required to purchase more than 4.9% of the issued
and outstanding shares of Telynx pursuant to the terms of their agreements
with Telynx. John Clarke is a director of The Keshet Fund, L.P. and makes
investment decisions on behalf of The Keshet Fund L.P.
(2) These shares are issuable pursuant to the equity line of credit
agreement. This selling stockholder, who is a subscriber under the equity
line agreement, may not be required to purchase more than 4.9% of the issued
and outstanding shares of Telynx pursuant to the terms of their agreements
with Telynx. John Clarke is a director of Keshet L.P. and makes investment
decisions on behalf of Keshet L.P.
(3) These shares are issuable pursuant to the equity line of credit
agreement. This selling stockholder, who is a subscriber under the equity
line agreement, may not be required to purchase more than 4.9% of the issued
and outstanding shares of Telynx pursuant to the terms of their agreements
with Telynx. John Clarke is a director of Nesher Ltd. and makes investment
decisions on behalf of Nesher Ltd.
(4) These shares are issuable pursuant to the equity line of credit
agreement. This selling stockholder, who is a subscriber under the equity
line agreement, may not be required to purchase more than 4.9% of the issued
and
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outstanding shares of Telynx pursuant to the terms of their agreements with
Telynx. John Clarke is a director of Talbiya B. Investments Ltd. and makes
investment decisions on behalf of Talbiya.
(5) These shares are issuable pursuant to the equity line of credit
agreement. This selling stockholder, who is a subscriber under the equity
line agreement, may not be required to purchase more than 4.9% of the issued
and outstanding shares of Telynx pursuant to the terms of their agreements
with Telynx. Gisela Kindle is a director of Esquire Trade & Finance, Inc. and
makes investment decisions on behalf of Esquire.
(6) Includes shares issuable upon exercise of a convertible note issued to
the subscriber under the equity line agreement.
We prepared this table based on the information supplied to us by the
selling stockholders named in the table.
The selling stockholders listed in the above table may have sold or
transferred, in transactions exempt from the registration requirements of the
Securities Act, some or all of their convertible notes since the date on which
the information in the above table is presented. Information about the selling
stockholders may change over time. Any changed information will be set forth in
prospectus supplements.
Because the selling stockholders may offer all or some of the
convertible notes and shares of common stock issued upon conversion of such
notes, and because there are currently no agreements, arrangements or
understandings with respect to the sale of any of the convertible notes or
shares of common stock that will be held by the selling stockholders after
completion of this offering, no estimate can be given as to the principal amount
of notes or shares of common stock that will be held by the selling stockholders
after completion of this offering. See "Plan of Distribution."
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