Mobilepro Corp (fka MOBL)

[8-blacksheep]

Once APCC Services won the Supreme Court decision to allow it to represent pay phone providers, it likely didn't want to continue paying out the legal fees charged by the hour. So, new attorneys were brought in to be paid on a contingency basis. When that happenend, MOBL's changes of getting a trial and high settlement amount diminsihed. These attorneys were out to settle quickly, and receive their share of the settlement monies. A quick settelement means much smaller amount in monies received for the DAC litigation. Final settlement monies paid to MOBL probably did not cover the $11 million in secured debt owed to YA Global. This is what Mr. Sledge is referring to in his email.

The question is, what about the MLOG shares?? Mr. Sledge should have known about these shares or seen where they went.