InvestorsHub Logo

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Live Updating
profile icon
whytestocks Free
09/28/20 7:00 AM
profile icon
whytestocks Free
08/21/20 12:15 PM
profile icon
SteveSchiets Free
06/26/17 2:42 AM
profile icon
harr449 Free
01/17/17 3:26 PM
profile icon
hydrodyne1 Free
01/16/17 12:49 PM
profile icon
joseb Free
12/01/16 9:53 AM
profile icon
hydrodyne1 Free
01/22/16 11:54 AM
profile icon
harr449 Free
12/04/14 9:50 AM
profile icon
thesmalls Free
10/05/14 8:20 PM
profile icon
zgoldies2 Terminated
09/12/14 8:27 AM
profile icon
thesmalls Free
09/11/14 9:25 PM
profile icon
zgoldies2 Terminated
09/04/14 6:49 PM
profile icon
zgoldies2 Terminated
09/04/14 6:42 PM
profile icon
zgoldies2 Terminated
09/04/14 6:40 PM
profile icon
zgoldies2 Terminated
09/04/14 6:35 PM
profile icon
beefeater Free
08/27/14 9:21 AM
profile icon
harr449 Free
05/03/12 12:28 PM
profile icon
harr449 Free
05/03/12 12:21 PM
profile icon
harr449 Free
04/24/12 12:26 PM
profile icon
hydrodyne1 Free
04/24/12 10:58 AM
profile icon
harr449 Free
03/30/12 4:00 PM
profile icon
Renee PremiumMember
03/30/12 3:11 PM
profile icon
cephas7 Free
03/30/12 12:46 PM
profile icon
harr449 Free
03/30/12 12:40 PM
profile icon
harr449 Free
03/30/12 12:18 PM
profile icon
cephas7 Free
03/30/12 12:17 PM
profile icon
cephas7 Free
03/23/12 10:25 AM
profile icon
harr449 Free
03/14/12 6:37 PM
profile icon
harr449 Free
03/14/12 9:42 AM
profile icon
harr449 Free
03/05/12 1:48 PM
profile icon
harr449 Free
03/02/12 4:39 PM
profile icon
8-blacksheep Free
03/02/12 1:30 PM
profile icon
8-blacksheep Free
03/02/12 1:11 PM
profile icon
stockdoc68 Free
03/02/12 10:54 AM
profile icon
harr449 Free
03/02/12 10:22 AM

Mobilepro Corp (fka MOBL) RSS Feed

Followers
161
Posters
646
Posts (Today)
0
Posts (Total)
17378
Created
04/23/03
Type
Free
Moderators

MOBILEPRO CORPORATION



COMPANY WEBSITES OFFLINE AND COMPANY BUSINESS OPERATIONS TERMINATED.



                  



MARCH 30, 2012

MobilePro (CIK No. 769592) is a Delaware corporation located in Gaithersburg,
Maryland, with a class of securities registered with the Commission pursuant to Exchange Act
Section 12(g). MobilePro is delinquent in its periodic filings with the Commission, having not
filed any periodic reports since it filed a Form 10-K for the period ended March 31, 2009, which
reported an operating loss of over $10.6 million for the prior twelve months. As of February 14,
2012, the company's stock (symbol "MOBL") was quoted on OTC Link, had ten market makers,
and was eligible for the "piggyback" exception of Exchange Act Rule 15c2-11(f)(3).

In addition to repeated failures to file timely periodic reports, Respondents have failed to
heed delinquency letters sent to them by the Division of Corporation Finance requesting
compliance with their periodic filing obligations or, through their failure to maintain a valid
address on file with the Commission as required by Commission rules, did not receive such
letters.

Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder require issuers
of securities registered pursuant to Section 12 of the Exchange Act to file with the Commission
current and accurate information in periodic reports, even if the registration is voluntary under
Section 12(g). Specifically, Rule 13a-1 requires issuers to file annual reports, and Rule 13a-13
requires domestic issuers to file quarterly reports. 17 C.F.R. §§ 240.13a-1, -13.


As a result of the foregoing, Respondents have failed to comply with Section 13(a) of the Exchange Act and Rules 13a-1 and 13a-13 thereunder. Considering these delinquencies, it is necessary and appropriate for the protection of investors to revoke the registration of each class of registered securities of Respondents.








http://www.mobileprocorp.com/

Whois Record For MobileProCorp.com

Record last updated on 05-Nov-2010.
Record expires on 20-Mar-2011.
Record created on 20-Mar-2003.

http://whois.domaintools.com/mobileprocorp.com


http://progamesnetwork.com/ProGamesMain.aspx

Whois Record For ProGamesNetwork.com

ICANN Registrar:
GODADDY.COM, INC.
Created:
2005-12-16
Expires:
2011-12-16



Internet Archive Wayback Machine: web.archive.org/

Latest snapshot of Mobileprocorp.com website is April 2009.



                 VS.         


 American Public Communications Council (APCC), Inc.

Headquartered in Alexandria, VA, the American Public Communications Council is the national trade association representing the owners, suppliers, and manufacturers of public communications products and services.  APCC is dedicated to supporting a public communications environment that promotes the widest deployment of payphones for the use of the American public".

www.apcc.net/i4a/pages/index.cfm


1:99-cv-00696-ESH APCC SERVICES INC, et al v. AT&T CORPORATION

Ellen S. Huvelle, presiding

Date filed: 03/19/1999

District of Columbia

Filed: 03/19/1999
Entered: 03/24/1999
Complaint
Docket Text: COMPLAINT filed by plaintiff APCC SERVICES INC, plaintiff DATA NET SYSTEMS LLC, plaintiff JAROTH INC, plaintiff NSC TELEMANAGEMENT, plaintiff DAVEL COMMUNICATIONS, plaintiff PEOPLES TELEPHONE CO; jury demand; Exhibits (5) (tth)

Document 47

Filed: 05/18/2001
Entered: 05/25/2001

Order
Docket Text: ORDER by Judge Ellen S. Huvelle: appointing
Honorable Richard A. Levie as Special Master (N) (gdf)

Hon. Richard A. Levie (Ret.)
Special Master/Disc'y Referee

APCC Services, Inc. et al. v. AT&T Corporation, Sprint, and Qwest, (Huvelle, J., D.D.C.) - Special Master for discovery and privilege in a series of telecommunication cases between telephone companies and owners of payphones over the proper amount of compensation due

http://tinyurl.com/3rnqstz




Post #16684 - 03/25/2011 to 04/22/2011 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62475533
Post #16518 -
03/05/2010 to 11/19/2010 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57566225
Post #16167 -
03/19/1999 to 09/29/2009 http://investorshub.advfn.com/boards/read_msg.aspx?message_id=45645435



 

    Legal Counsel for APCC Services Inc.:

Attorney Albert H. Kramer - Order on Motion to Disqualify Counsel

Document 157 Filed & Entered: 07/06/2011

Order on Motion to Disqualify Counsel
Docket Text: MEMORANDUM OPINION AND ORDER granting [149] Motion to Disqualify Counsel and denying [149] Motion for Hearing.
Attorney Albert H. Kramer terminated. Parties to contact Special Master to establish discovery schedule. Signed by Judge Ellen S. Huvelle on July 6, 2011. (AG)

Document 156 Filed 06/20/11
 
AT&T CORP.'S REPLY IN SUPPORT OF ITS
MOTION TO DISQUALIFY ALBERT KRAMER

https://viewer.zoho.com/docs/iFcTh

Document 149  Filed 05/10/11

AT&T CORP.'S MOTION TO DISQUALIFY "ALBERT KRAMER"
See Post #16850 for link to 22 page document.

149
Filed & Entered:   05/10/2011
Motion to Disqualify Counsel
Docket Text: MOTION to Disqualify Counsel Albert Kramer and Oral Hearing by AT&T CORPORATION (Attachments: # (1) Declaration Declaration of D Stark, # (2) Declaration Declaration of P Phillips, # (3) Declaration Declaration of B Byrd, # (4) Declaration Declaration of K Krom, # (5) Exhibit A, # (6) Exhibit B, # (7) Text of Proposed Order Proposed Order)(Panner, Aaron). Added MOTION for Hearing on 5/11/2011 (jf, ).

Document 148 Filed & Entered: 04/22/2011

Notice of Appearance
Docket Text:
NOTICE of Appearance by "Albert H. Kramer" on behalf of All Plaintiffs (Kramer, Albert)

Filed & Entered:   03/26/2011

Order on Motion for Leave to Appear Pro Hac Vice

Docket Text: MINUTE ORDER granting [138] Motion for Leave to Appear Pro Hac Vice: upon consideration of plaintiffs' motion for admission of attorney Steve W. Berman pro hac vice, it is hereby ORDERED that attorney Steve W. Berman is admitted pro hac vice for the purpose of appearing in the above-captioned case. Signed by Judge Ellen S. Huvelle on March 26, 2011.(AG)

Docket Text: MINUTE ORDER granting [139] Motion for Leave to Appear Pro Hac Vice: upon consideration of plaintiffs' motion for admission of attorney Jennifer Fountain Connolly pro hac vice, it is hereby ORDERED that attorney Jennifer Fountain Connolly is admitted pro hac vice for the purpose of appearing in the above-captioned case. Signed by Judge Ellen S. Huvelle on March 26, 2011.

Docket Text: MINUTE ORDER granting [140] Motion for Leave to Appear Pro Hac Vice: upon consideration of plaintiffs' motion for admission of attorney Jeff D. Friedman pro hac vice, it is hereby ORDERED that attorney Jeff D. Friedman is admitted pro hac vice for the purpose of appearing in the above-captioned case. Signed by Judge Ellen S. Huvelle on March 26, 2011.

Docket Text: MINUTE ORDER granting [141] Motion for Leave to Appear Pro Hac Vice: upon consideration of plaintiffs' motion for admission of attorney Jason A. Zweig pro hac vice, it is hereby ORDERED that attorney Jason A. Zweig is admitted pro hac vice for the purpose of appearing in the above-captioned case. Signed by Judge Ellen S. Huvelle on March 26, 2011.

Filed & Entered:   03/25/2011

Docket Text: MOTION for Leave to Appear Pro Hac Vice :Attorney Name - Steve W. Berman, :Firm- Hagens Berman Sobol Shapiro LLP, :Address- 1918 8th Avenue, Suite 3300, Seattle, Washington 98101. Phone No. - 206-623-7292. Fax No. - 206-623-0594 by APCC SERVICES INC (Attachments: # (1) Declaration, # (2) Text of Proposed Order)(Anderson, William)

Docket Text: MOTION for Leave to Appear Pro Hac Vice :Attorney Name- Jennifer Fountain Connolly, :Firm- Hagens Berman Sobol Shapiro LLP, :Address- 1629 K St., NW, Suite 300, Washington, D.C. 20006. Phone No. - (202) 355-6435. Fax No. - (202) 355-6455 by APCC SERVICES INC (Attachments: # (1) Declaration, # (2) Text of Proposed Order)(Anderson, William)

Docket Text: MOTION for Leave to Appear Pro Hac Vice :Attorney Name- Jeff D. Friedman, :Firm- Hagens Berman Sobol Shapiro LLP, :Address- 715 Hearst Ave., Suite 202, Berkeley, CA 94710. Phone No. - (510) 725-3000. Fax No. - (510) 725-3001 by APCC SERVICES INC (Attachments: # (1) Declaration, # (2) Text of Proposed Order)(Anderson, William)

Docket Text: MOTION for Leave to Appear Pro Hac Vice :Attorney Name- Jason A. Zweig, :Firm- Hagens Berman Sobol Shapiro LLP, :Address- One Penn Plaza, 36th Floor, New York, NY 10119. Phone No. - (212) 752-5455. Fax No. - (917) 210-3980 by APCC SERVICES INC (Attachments: # (1) Declaration, # (2) Text of Proposed Order)(Anderson, William)


Hagens Berman Sobol Shapiro LLPwww.hbsslaw.com/home/

Our Beginnings

Based in Seattle, Washington, Hagens Berman LLP was founded in 1993 by Carl Hagens and Steve Berman with one purpose - to pursue the type of law that most interested the founders. This involved representing plaintiffs in class actions and multi-party, large-scale complex litigation and becoming engaged in cases that had the potential for having a positive impact on protecting the rights of investors, consumers, workers, innovators and the environment.

Since then, the firm has stayed true to that purpose and become one of the nation's leading firms in these fields, earning an international reputation for excellence and innovation.

Our Focus

Our main focus is to represent plaintiffs in securities, investment fraud, product liability, tort, antitrust, consumer fraud, employment, environmental, intellectual property and ERISA cases. In doing so, our firm has become particularly skilled at managing multi-state and nationwide class actions through an organized, coordinated approach that implements an efficient and aggressive prosecutorial strategy in order to place maximum pressure on the defendant.

A New Era

A large part of our success is due to the excellent group of attorneys whose expertise and talent set them apart. The firm recognized two of its senior partners, Thomas Sobol and Anthony Shapiro, for their outstanding contributions and leadership. And in February 2005, the firm ushered in a new era by unveiling a new name - Hagens Berman Sobol Shapiro LLP.

Our Offices

At Hagens Berman we all work towards the same goal - protecting the rights of our clients, whether they are consumers, investors, workers or stewards of the environment. Over the years, we've expanded our national reach to better serve our clients. Since the firm's founding in 1993, we've developed a successful and far-reaching network of branch offices in Phoenix, Los Angeles, Boston, Chicago, San Francisco, Colorado Springs and Washington, D.C.

Founded in 1995, our Phoenix office has driven important litigation and has a strong legal presence in Arizona and the southwest. Shortly thereafter in 1996, we founded the Los Angeles office, which manages our significant case load in California.

In June 2002, our firm opened an office in Boston. This office leads our drug litigation efforts, challenging the prices of dozens of prescription drugs, and claiming that manufacturers artificially drove up drug prices through numerous anti-competitive practices.

In another step to become the nation's premier law firm in class-action and large-scale litigation, we created a Chicago branch in 2004. The firm first created a presence among the Illinois legal and political scene with the landmark litigation against the tobacco industry, in which Steve Berman served as special assistant attorney general for the state.

We opened our sixth national and second California office in San Francisco in 2007. The second California office is a reflection of our continuing growth in one of the most vibrant parts of the country. Having offices in Los Angeles and San Francisco will help ensure our firm is on the leading edge of important social and governmental change within the legal landscape.

In 2010, we opened offices in Washington D.C. and Colorado Springs, Colorado, and the following year, opened offices in New York and Minneapolis.

www.hbsslaw.com/our-firm/about-us


APCC Services, Inc., et al. v. AT&T Corp. AND APCC Services, Inc., et al. v. Qwest Corp.

Levetown & Jenkins, LLP is counsel for APCC Services, Inc., a billing clearinghouse for payphone service providers ("PSPs"), in separate actions against AT&T Corp. and Qwest Corp. for non-payment of fees for so-called "dial-around-calls." The actions allege that the defendants unlawfully failed to pay the PSPs dial-around fees at rates set by the FCC. These companion cases, filed in the District for the District of Columbia, had previously been appealed to the Supreme Court on the issues of standing and a right to a private cause of action against the defendants for failing to adhere to FCC rates. Subsequent to its victories in the Supreme Court, APCC retained Levetown & Jenkins, LLP to represent it to finally resolve these cases after a decade of litigation.
Levetown & Jenkins was able to settle Qwest case in April 2011 within weeks of being retained as counsel. Levetown & Jenkins is working in conjunction with Hagens Berman Sobol Shapiro LLP for this engagement.

http://tinyurl.com/3npcokf



http://levjen.com/index.php/practice/



                    VS.                             

Case APCC SERVICES, INC., et al v. QWEST COMM CORP, et al
District of Columbia

Ellen S. Huvelle, presiding
Date filed: 03/23/2001
Date terminated: 03/25/2011
Date of last filing: 04/27/2011




Document 58 Filed 04/27/11

Joint Stipulation and Order of Dismissal

http://viewer.zoho.com/docs/kbqfa
                        


History

58
Filed & Entered: 04/27/2011
Stipulation of Dismissal

Docket Text: STIPULATION of Dismissal and Order of Dismissal by APCC SERVICES, INC., DATA NET SYSTEMS, LLC, DAVEL COMMUNICATIONS, INC., INTERA COMMUNICATIONS CORPORATION, JAROTH, INC., QWEST COMMUNICATIONS CORPORATION. (Lobel, Douglas)

57
Filed & Entered: 03/25/2011
Order
Docket Text:
ORDER dismissing case due to settlement. Case is DISMISSED WITHOUT PREJUDICE for a period of 60 days. If no party seeks to reopen within that time period, case shall stand, without further order, as DISMISSED WITH PREJUDICE. Signed by Judge Ellen S. Huvelle on March 25, 2011. (AG)

Filed & Entered: 11/10/2010
Order
Docket Text: MINUTE ORDER: it is hereby ORDERED that the Status Conference set for Friday, November 19, 2010, is CANCELED. Signed by Judge Ellen S. Huvelle on November 10, 2010. (AG)

Filed & Entered: 11/10/2010
Order
Docket Text: MINUTE ORDER: Upon the recommendation of the Special Master, it is hereby ORDERED that each party is to produce its data analysis calculation and explanation for their respective models by December 3, 2010; each party is to submit to the other preliminary legal positions and explanations for their respective calculations by December 10, 2010; the parties are to meet to ensure that each party understands the other's legal positions and analysis by December 16, 2010; counsel and principals from the parties are to meet by the week of January 4, 2011; and there shall be a meeting of the parties with the Special Master on January 13, 2011, at 2:00 pm. Signed by Judge Ellen S. Huvelle on November 10, 2010. (AG)

Filed & Entered: 10/29/2010
Set/Reset Hearings
Docket Text: Set/Reset Hearings: Status Conference set for 11/19/2010 at 9:30 AM in Courtroom 23A before Judge Ellen S. Huvelle. (gdf)

Filed & Entered: 10/12/2010
Order
Docket Text: MINUTE ORDER: it is hereby ORDERED that a Status Conference is set for November 19, 2010, at 9:30 a.m. in Courtroom 23A. Signed by Judge Ellen S. Huvelle on October 12, 2010. (AG)

Filed & Entered: 05/19/2009
Order on Motion for Order
Docket Text: MINUTE ORDER. The Court grants [55] Joint Motion for Order Protecting Certain Information Used for Informal Joint Analysis. The Order will be signed. Signed by Judge Ellen S. Huvelle on 5/19/2009. (lcesh1)

55
Filed & Entered: 05/19/2009
Terminated: 05/19/2009
Motion for Order
Docket Text: Joint MOTION for Order Protecting Certain Information Used for Informal Joint Analysis by QWEST COMMUNICATIONS CORPORATION (Attachments: # (1) Text of Proposed Order)(Lobel, Douglas)

56
Filed: 05/19/2009
Entered: 05/20/2009
Order
Docket Text: ORDER PROTECTING CERTAIN INFORMATION USE FOR INFORMAL JOINT ANALYSIS. Signed by Judge Ellen S. Huvelle on 5/19/09. (gdf)


NOTE: 2008 AND OLDER DOCUMENTS ARE NOT LISTED IN THE ABOVE.


Albert H. Kramer
AMERICAN PUBLIC COMMUNICATIONS COUNCIL

625 Slaters Lane
Suite 100
Alexandria, VA 22315
(703) 739-1322 x228
(703) 739-1324 (fax)
kramera@dicksteinshapiro.com
Assigned: 08/09/2007
LEAD ATTORNEY representing APCC SERVICES, INC.
(Plaintiff)


Leslie R. Cohen
DICKSTEIN SHAPIRO LLP

1825 Eye Street, NW
Washington, DC 20006-5403
(202) 420-2225
(202) 420-2201 (fax)
cohenl@dicksteinshapiro.com
Assigned: 09/07/2007
LEAD ATTORNEY
ATTORNEY TO BE NOTICED representing APCC SERVICES, INC.
(Plaintiff)


April 1, 2011 - CenturyLink and Qwest Complete Merger

http://www.centurylinkqwestmerger.com/index.php?page=news





Jay Wright, Chairman and Chief Executive Officer


 

On Sept. 20, 2010, it was unofficially reported (see email below) that CEO Jay Wright left MobilePro Corp. and is now working elsewhere.

  From Yahoo message board by "crashfree60":

"New Ceo 20-Sep-10 03:24 pm

Here is a message from Jay Wright I got today:

Hi "crashfree"-
I am no longer with Mobilepro.

With respect to your questions, I believe MOBL still owns MLOG shares. On the lawsuit, I do not know as I have been gone for 6 1/2 weeks now so I can't reasonably comment.

Regards,
Jay Wright"

investorshub.advfn.com/boards/read_msg.aspx


  Jay Wright President at Bayberry Capital, Inc.


Location
Washington D.C. Metro Area
Industry
Venture Capital & Private Equity

Current

* President at Bayberry Capital, Inc.
* CFO at Blackridge Technology Holdings, Inc.
* Director at Vought Defense Systems, Inc.

* Chairman at Microlog Corporation
* Adjunct Professor of Finance at Georgetown University

Past

* Chairman and CEO at Mobilepro
* Chairman at ProGames Network, Inc.
* President at Bayberry Capital, Inc.


Source: linkedin.com


  April 26, 2011 Press Release Excerpt - "The ALAS Board of Directors also accepted the resignation of Jay O. Wright as a Director of ALAS, effective April 9, 2011".

finance.yahoo.com/news/ALAS-Signs-Contract-to-pz-2646466833.html



June 25, 2009 Form 10-K

Tammy L. Martin   Tammy Martin joined us in November 2004 as the General Counsel of Davel and was promoted to Chief Executive Officer of Davel in May 2005.  In April 2006 Ms. Martin was promoted to Chief Administrative Officer and Senior Vice President of the Company.  In November 2006 Ms. Martin was promoted to General Counsel of the Company.  Prior to the acquisition of Davel in November 2004, Ms. Martin served in various positions, including General Counsel and Chief Administrative Officer.  Ms. Martin received a Bachelors of Business Administration degree from Baldwin Wallace College and a JD degree from Cleveland State University.


APCC Board of Directors

Tammy Martin
MobilePro Corp.

Cleveland Heights, OH


http://www.apcc.net/i4a/pages/index.cfm?pageid=10



 

August 6, 2009 Form 8-K

   Item 8.01.  Other Events.
As previously disclosed, MobilePro Corp. (the "Company") is a defendant in the civil case docket no. BER-L-1510-08 captioned Harborside Investments III, LLC vs. MobilePro Corp. and Neoreach, Inc., vs. JTA Leasing Co., LLC. filed in the Superior Court of New Jersey Law Division in Bergen County, New Jersey.  The litigation involves claims of breach of agreement and unjust enrichment arising out of an equipment lease agreement for wireless equipment and seeks damages in the amount of approximately $1.3 million (the "Harborside Litigation").
 
The Harborside Litigation was scheduled for a bench trial in July, 2009 after which the judge entered a ruling granting judgment against the Company in the amount of $1,187,452 (the "Harborside Judgment").  The Company has previously recorded the net liability for the estimated principal balance relating to this capital lease obligation and the related accrued interest in the approximate amount of $873,600.  Accordingly, the Company has recorded an additional liability in the amount of $313,820 at June 30, 2009.
 
The Company does not have sufficient funds available to satisfy the Harborside Judgment. As a result, the Company could be forced to cease operations and/or be required to seek protection under federal bankruptcy laws to protect the interests of its secured creditor and other stakeholders.
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
 
MOBILEPRO CORP.
 
       
Date: August 6, 2009
By:
/s/ Jay O. Wright
 
   
Jay O. Wright
Chief Executive Officer
Mobilepro Corp.

tinyurl.com/kq5lra


  July 2, 2009 Form 8-K

Item 8.01.  Other Events.

As previously disclosed, on January 7, 2009 MobilePro Corp. (the "Company") received notice that it and its subsidiaries, American Fiber Network, Inc. ("AFN") and CloseCall America, Inc. ("CloseCall") had been served with a summons and complaint in the York County Superior Court in Maine by Nationwide Acquisition Corp. ("Nationwide") and L. William Fogg ("Fogg" and the "Complaint").  Fogg is a former executive officer of United Systems Access, Inc. ("USA"), the entity with whom the Company executed a Purchase Agreement (the "Agreement") pursuant to which USA was to acquire the Company's internet service business (the "ISP Business") and competitive local exchange business (the "CLEC Business").  Pursuant to an agreement between USA and Fogg, Nationwide subsequently acquired the ISP Business from USA and agreed to indemnify USA for all of USA's liabilities under a certain note payable (the "USA Note").  Nationwide and its related companies also agreed to indemnify USA for various USA debts or liabilities outstanding as of June 4, 2008.
 
The Complaint was an action for declaratory relief to resolve certain disputes among the Company, CloseCall, AFN, USA, Nationwide and Fogg, including, among other things, the payment of the past due amount under the USA Note. Nationwide and Fogg alleged that the Company made certain misrepresentations in connection with the USA Agreement for which USA and/or Fogg were entitled to set-off against the past due amount.  In response to the Complaint, on February 10, 2009 the Company filed its answer to the Complaint, together with cross-claims against USA, Nationwide and Fogg.
 
On June 8, 2009 the parties participated in a mediation of the claims raised in the Complaint and the cross-claims alleged by the Company against USA, Nationwide and Fogg.  As a result of the mediation efforts, the parties agreed to settle their claims pursuant to the terms of a settlement agreement (the "Settlement Agreement").  The Settlement Agreement required the parties to, among other things, execute general releases and required Fogg and certain related entities to execute a promissory note replacing the USA Note (the "New Note").   The Settlement Agreement also required Fogg to pay amounts totaling $137,500 to the Company, AFN and CloseCall on or before June 30, 2009.  Additional amounts totaling $81,500 are required to be paid to the Company, AFN and CloseCall on or before August 30, 2009.
 
The New Note is for the principal amount of $754,000, bears interest at the rate of 6.38% and matures on March 25, 2013.  Monthly principal and interest payments in the amount of $20,108.91 commence in October 2009.
 
The foregoing is intended to be a summary only of the New Note, a copy of which is attached hereto and incorporated herein as an exhibit to this Current Report on Form 8-K.
 
Item 9.01. Financial Statements and Exhibits.
 
(d)
Exhibits
 
10.1
Note Payable dated June 30,  2009 between Mobilepro Corp. and L. William Fogg, Nationwide Acquisition Corp. and Unified Communication Corporation
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
 
  MOBILEPRO CORP.  
       
Date:  July 2, 2009
By:
/s/ Jay O. Wright  
   
Jay O. Wright
Chief Executive Officer
Mobilepro Corp.
 
 


June 25, 2009 Form 10-K
 


 
 

Board Info
Posts Today
0
Posts (Total)
17378
Posters
646
Moderators
New Post