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hilarious kermit, lol, looks like I know
why they put that PR EOD Friday, sigh...
...but did they have passports? eom.
looks like you'll get them, lol. eom.
sells. may dip, but still end green, imo.
dip to occur this PM, imo, run this AM.
sandinshorts, excellent post! I had a very,
very similar printing press experience w/another (BB) stock, CEO kept on burning the cash thru share conversion. Burned up all the registered shares, and pps is now so low that they can't file an S-3 for additional shares. Happens all the time w/pinks, BB's in start up stage and R/D stage. I just hope to see a pop for a quicky! GLTY.
zgold
.004, which would be a nice run, and if
we are lucky.
I may exit a little earlier than that,
dunno yet, as it may not get there, as you stated. I'll be hanging on the puter a little more than usual tomorrow.
GLTY
excellent posts tonight andrius,
I'm looking for an .01 exit and disregarding all the "fluff".
Take care,
zgold
when it hits .01, it will be considered
the unloading zone,for some, as many will have doubled, tripled. Then we get the retrace and do it all over again!
cha-cha-ching$$$$$$$$$$$$
The second payment on the debenture was due
Feb. 8, 2008. MobilePro has 15 days to pay on the rest of the note, which would be due by this Saturday, or be in default. With that being said, I would look for the release of an 8-k sometime between now and Saturday. March 1st looms, and another payment will need to be made by MobilePro. This will be an extremely important week, imo.
that is merely pure speculation, last Monday
people were saying the same thing. You will know when they are done.
be careful, everyone says the pps will pop
tomorrow, these are the same individuals who said it wouldn't go below .005 again, lol.
he can pick them up in the .002's, imo. eom.
Mike, what exactly do you think Mgmt
and the BOD decided to get out of, while they could?
I think USA may have got out, "while they could", imo. I'm just confused as to your statement.
Thanks for any feedback.
regards,
zgold
excellent doghouse, I do business w/a firm
out of Muncie. Much of the gym scenes from "Hoosiers" was taped in an old school in Nineveh, 10 minutes from my hometown of Franklin, which has since been razed. I know a player from the Milan team, his name was Gene White, he coached as an assistant for Franklin H.S, and was coach of Franklin College womens team for several years. What a coincidence! Good luck w/RVGD! Also, hello to vantillian, should you read this mess, I remember you from the ugly SGLS board, your a class act, imo. Ha, and you were touting RVGD over there, and I took exception, lol...
hey doghouse, I was born in a small town,
close to Johnny Cougar himself, right here in hoosier daddyland! Podunks and beer drinking roads readily available...ahhhhhh, the good ol days.
hope your not wanting an honest answer
from a "hic frum the sticks". Interstate 69 does have its perks though...
some investors aren't actually bashers,
even though they may have said the pps would drop, and it did, does that make them bashers? No, it makes them smart for getting in at much lower prices than some of the current SH's, who in turn label these individuals "bashers" because they called it spot on. Just the other day, many of the naysayers said it wouldn't drop below .006, then .005, then .004, and here we are in the .003's. Many want in, but not at the prices it was a few days ago, and w/all the share distribution these last few days, a trend down was obvious, and played smart, for those w/patience.
MOBL-do not touch w/10' pole,,,
Anyone promoting this stock is definitely in a self-fulfilling stage, imo.
The proposed sale by MOBL of CLEC/broadband business to USA telephone was terminated, by USA. USA was managing, taking in the clec revenues, and paying on the interest from the debenture payments owed by MobielPro. Well, they gave it back. The funding from that sale was to satisfy an outstanding debt w/YA Global ($13.2MM), and have a little money left to start something anew. Not to be the case, and now MobilePro has resumed taking control of CloseCall (clec), w/virtually no cash. As of now, they are behind on their monthly debenture payment, as stated in their most recent 10Q:
_______________________
The Company has made a partial payment of $114,530 toward the amounts due February 1, 2008 and has not made the payment due February 8, 2007. The Company will be in default with respect to its debt agreements if such payments are not made within fifteen days of their respective due dates. The Company is currently negotiating with YA Global regarding an extension of its debentures and a modification of its terms.
sounds reasonable, thx. for reply. eom.
hopefully if they do indeed intend to
go places, RVGD will become a reporting company, and not a pinky! Get out of pinkyland, RVGD!
IMO
armydude, I care because I can. Since this puppy retraced, as i suspected it would do, RVGD has given me a chance to become a SH.
nice find AU, excellent DD! Does anyone
know if there was a reason for the late PR out Friday for RGVD?
Was this an expected PR, on top of all the other PR's concerning Honda Ridgelines? Should we expect a pop at the opening Tuesday, or will pps remain in "check", in anyone's opinion?
thanks,
zgold
w/the debentures possibly being defaulted
on, if there is not an extension, what other recourse can be taken? Thanks for any feedback. Here is the excerpt from the filing, and this is a very important issue regarding MobilePro.
The Company has made a partial payment of $114,530 toward the amounts due February 1, 2008 and has not made the payment due February 8, 2007. The Company will be in default with respect to its debt agreements if such payments are not made within fifteen days of their respective due dates. The Company is currently negotiating with YA Global regarding an extension of its debentures and a modification of its terms.
Mike, what do you think happened, regarding
MobilePro? Thanks for any feedback.
regards,
zgold
Mike306oh, you bought a few @ .0032 on
Thursday. What are you "planning" for this next week?
Thanks for any feedback!
zgold
Mike, I noticed you posted about buying
+240K of MobilePro shares on Fiday, and it is/was documented. Did you notice that your "buy" essentially created a negative pps? I hope that this LT trend is not "just a small taste of things to come" w/MobilePro, do you?
Thanks for any feedback!
zgold
In regards to the 10Q, and everything
that pertains to MobilePro, how will MobilePro's inability to not pay on current loans, compounded by being non-liquid, keep this company going? With many individuals that had predicted the fair amount of a Kite IPO long gone, a major CLEC (USA) "giving back" instruments of debt deemed fairly "liquid" at the time of a pre-arranged agreement poses questions of ethics/disclosures amongst the chain of command. Is it fair to say that USA/Gobility both coincidentally had a breach in their contracts? Does the cost of the legal defense outweigh the loss incurred if these companies went ahead as planned/purchased? Did USA follow Gobility's measure of course? All fair questions to be asked by anyone who is associated, or concerned with the company MobilePro. Much of the information I just stated is obtained in the filing, fwiw.
nice green on heavy Vol.,wazzup?eom.
yes. big timeage. lots. eom.
let's not forget that the conversions are
most likely not done, and imo. Bottom line pal, shorting is not your problem here, as you incessently proclaim, day in, and day out. Move on w/the shorting thingy, and concentrate on a non-reporting, heavily traded pinky. You won't receive strenght on this magnitude of trading, flat out, cause this stock is getting traded heavily, very heavily...
AIMHO
conversions not done, contrary to pumper
opinion, imo. You may get your chance (.003), bid/ask keeps dropping. Your lucky you still have a finger, this coming from a fellow carpenter. Ouch!
perhaps, but more importantly, a double
is what many will be looking at, at the very least...no LT on pinkies and pennies!
well said back at ya! eom.
Look at the bid/ask. eom.
but you don't actually know that,
all you are doing is pure guesswork, imo. IMO, the selling is still going on, and even when it does subside, it is not a sure thing that the pps will automatically walk right up...because it won't.
AIMHO
7.75% on 375k/mth. eom.
Not to diminish your post, spar
but many investors read the filing (10Q). Most are concerned w/a +$13MM debt, and MOBL's inability to possibly pay off that debt, or even a portion of that debt, rather than the $1,000 cash and convertible stock. The time constraints on the debentures, at this point, and imo, from reading the filing, are being tweaked now in "days", a much more serious "issue", and imo. Jay is the master of extensions, dunno, maybe he can pull it (extension) off again, and imo...
PS- at the least, MobilePro will most likely have to pay monthly interest on $375K debentures, not chump change, imo.
if not Monday, sometime next wk.imo-eom.