We consider a system of three unidirectionally coupled singularly perturbed scalar nonlinear differential-difference equations with two delays that simulate the electrical activity of the ring neural associations. It is assumed that for each equation at critical values of the parameters there is a case of an infinite dimensional degeneration. Further, we constructed a quasi-normal form of this system, provided that the bifurcation parameters are close to the critical values and the coupling coefficient is suitably small. In analyzing this quasi-normal form, we can state on the base of the accordance theorem, that any preassigned finite number of stable periodic motions can co-exist in the original system under the appropriate choice of the parameters in the phase space.