Letter Request to Cancel 5-22-09.pdf

1-800-ECONEKw , :;: I
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May 15 , 2009,'J T \ tSfi ,.
Idaho Public Utilities Commission
O. Box 83720
Boise, ID 83720-0074
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Re: 1-800-Reconex, Inc., d/b/a Us. Tel
Dear Sir or Madam:
I am the former Vice-President & General Counsel of 1-800-Reconex, Inc., d/b/a
u.S. Tel (Reconex). I now handle special projects for the company in the role of Special
Counsel- I am writing to you in that capacity.
As a result of adverse financial conditions, Reconex has ceased normal operations
and will completely cease doing business, having no remaining employees no later than
May 31 , 2009. The assets of Reconex are being returned to leasing companies, or being
liquidated, with the proceeds going to secured creditors. As a result of the amount of
secured debt, and the relatively small value of Reconex s assets , we do not anticipate any
further distribution of funds to entities other than these secured creditors , in truth, the
value of the assets will not begin to cover the secured debt. Because there are no other
assets to protect, we will not defend any lawsuits brought against Reconex and we will
simply let Reconex be involuntary dissolved by the State of Oregon Corporation
Commissioner at the annual renewal time.
My client is sorry for the inconvenience this may cause you and requests that you take
whatever actions necessary to write-off any balances that may be due and to remove the
company from your systems.
Very truly yours
o~/
William E. Braun
Special Counsel
2500 Industrial Avenue. Hubbard, Oregon 97032
503-982-8000 . Fax: [phone] . www.reconex.com