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Why look 3-6 months in advance? MobilePro is
about to run out of registered shares, w/probably less than 30MM left, IMO. The only thing objective I can see here is if Jay does something w/i a couple weeks, converting shares at .02, at $250K a week, it is straining the objectivity out of the SH's in every way imaginable.
AIMHO
Yeah, Jay walked the walk alright,
walked it down nearly 70% alone this year...
Thank you cam 66. eom
Jay takes $5K a month into buying program,
smaller the pps, the greater number of shares purchased. No big deal.
AIMHO
Apparently Jay didn't tell em to hold off.
2 really horrible days in a row, market
cap under $15MM, MOBL down 66%, YTD, heading new lows on absolutely nothing, incredible. Jay has a direct line w/Cornell, telling em to "hold off". Whew!
This is clearly a pump and dump, a fantasy
gone awry...
Easy flip, no investment to be had.
Johnny fiber still has loose bowels...eat more roughage, youngster.
AIMHO, of course. eom. Zgold
yes, I'll shed some light for you,
a) they'll run out of shares
b) divestiture of Davel, before they run out of shares
c) something that amounts to an IPO, before they run out of shares
d) Jay Wright becomes ex-CEO
He said that at .035 and .039, supposedly
brought all his buddies from NEOM over here as well.
W/the ask hitting .0235 today, alone, w/little volume, no one needs any further explanation...
What happens when Cornell starts converting again?
I can tell you this much, the price won't stay at .025 very long, I guess over the course of the next week or so, we will find out.
AIMHO
investology, you are exactly right, imo,
here's how long it would take for an S-3 to be filed, executed.
"30 days for initial comments plus time to respond to
comments"
edster1, you are welcome, my source is yours
truely, the CEO. He stated in an email to me on April 14th that Mobile had converted on appr. $5MM of the $7MM note, so there was $2MM or so left on the table a little more than a week ago, so I'm giving you a guess, or opinion, that I should have noted. Sorry 'bout that.
Z
Might run out of registered shares. eom.
approx. $1.5MM. eom.
Jay contradicts himself time after time, they all
go hand in hand, how fitting, eh?
Those experts also heard what SH's have heard,
Jay had a Fortune 500 backer, and he has tried to obtain financing, w/o success, for more than three years. They are just feeding off Jay's imagination, or "stories".
jbwins, you know your sheet man, Jay Wright
himself has acknowledged that to prevail in Federal Court, we must prevail in the U.S. Supreme Court. Step one initiated.
Jay Wright has also acknowledged that big company strategy of delay's will further drag out this litigation. It is a fact that will be played out over time...
Excellent post, rmcd! eom.
Cougar, you can check other sources to confirm,
but the lawsuit may drag out far longer, it is not contingent on the sale of Davel. Jay has stated this, fwiw.
I bet he won't be taking the next call. eom.
Davel has been on the market, no takers, Jay
put too high a price on Davel. Everyone who knows of MobilePro and Jay, know the situation he is in (desperate). Why buy Davel for $5-$7MM when you know you can get it for $3-$4MM. They'll get Davel sold, but it won't be what MobilePro is asking, bank on it!
AIMHO
Thanks Nibbler, that's why I don't post Jay mails
on this bd., too many triple bottom, reversal experts w/too much time on there hands, fwiw.
Might change my course regarding getting back in
the .01's, and get back in early this week. I know, WTF cares, lol? I think the big gamble comes before this hits the .01's, but I could be wrong.
AIMHO
I quit trading this more than two weeks ago,
are you kidding? I'll take a gamble in the .01's, get twice as many shares for the same price, and if something happens, it happens, and my patience will have paid off. The other big gamble is when, and if, a meaty PR will ever occur. I would never count on the IPO being imminent, given the history of Jay Wright.
AIMHO
Once again crashman, you are wrong, huh, imagine that,
how do you suppose a "reversal" will happen? Based on what? I can tell you, for a fact, that there are more than approx. 8-9 MM shares being sold, each week, courtesy Cornell, and your beloved CEO. I want to hear your expert opinion on this "reversal", besides a triple bottom or a PR occuring, lol.
I would not buy here, either. Another 8-K and mutual feelings
from Toby regarding MM's sentiments, kerr plunk.
AIMHO
Buyer beware
Cougar40, MM's opinion echoes my sentiment, and
neither of us may be right, but something just isn't right w/this IPO thing. I have gone from emailing Jay about a possible dividend regarding an IPO, to an IPO alltogether, no response to either, and he has replied 90% of the time to me. There is usually a quiet period before an IPO, I don't buy it here. Jay will make money off Kite, I don't see any monetary advantage given to the current SH's of MobilePro, and that is based on common sense, and history, of this particular CEO. Do I hope I'm wrong? Yes.
AIMHO
stoockdic, thanks for your note, you sound as anxious as I do about getting a dividend in the upcoming weeks. Encore stoock, encore...
ROLMAO!
No crashman, you missed it, again,
there is an email floating about that Jay has said there may be no dividend from an IPO, to current MobilePro SH's. Now, if you are able to comprehend that equation, it contradicts his earlier email to me, which clearly indicates "our-SH's" dividend would not be "small".
Why, therefore, do you
suggest that the stock dividend would be for only a "small
percentage" of Kite?
I do not recall, but did he say anything about a dividend regarding IPO at CC?
It is what it is, a possibility that we may not receive zilch from an IPO, I'm just trying to get your beloved CEO to confirm we still ARE getting a dividend, soooo, do you get it now? I don't think I can put it in layman's terms any better than that. Have at it, Mr. Wizard, let's see how well you butcher this post up,lol...
Jay,
You have said the SH's will get a dividend regarding a Kite IPO, and you have suggested it won't be small. Do you have an idea what the percentage it will be?
Thank you, there are several message bds. and SH's waiting for your answer.
----- Original Message ----
From: Jay Wright <jwright22@closecall.com>
To:
Sent: Friday, December 22, 2006 2:32:04 PM
Subject: Re: Kite
MOBL currently owns 100% of Kite. Why, therefore, do you
suggest that the stock dividend would be for only a "small
percentage" of Kite?
MOBL would be able to refocus on acquisitions and growing
our existing businesses. I believe we can generate real
value there and I believe Jerry can drive value in Kite as
a stand alone pure play.
On Thu, 21 Dec 2006 13:26:32 -0800 (PST)
wrote:
> Jay,
> The MobilePro SH's feel that if there is a spin-off of
> Kite, then MobilePro shares would then become
> "worthless", even if the the SH's are compensated a
> small percentage of Kite.. What would become of
> MobilePro, besides revenue generating from CloseCall,
> Davel, and AFN?
> Thank you for your time
Nothing's shaking, it's crumbling. eom.
Paradigm, are your buddies still ur buddies? eom.
It's currently in the hands of lawyers, stoc.em.
I've saved most my Jay-mails, check this one
out, intriguing, and misleading. date July 9th, 2006.
___________________
John:
Thanks for your note.
Our $15 million debt with Cornell is and has been public
record. I am mystified as to why some shareholders believe
that being able to pay the note only in cash is superior to
being able to pay for it in either cash or stock at the
Company's option.
I am also mystified as to why a note due in September is
riskier than one due in August.
I am also mystified as to why a note that was not callable
is deemed superior to one that is callable.
Bottom line, whether you and other shareholders understand
it, this restructuring is good for the financial health of
the company. Given your reaction, I expect it will have a
short term negative on the stock price. With us not
issuing any shares right now, that is something we will
just have to bear.
If we keep executing, the price will rebound. Of that I
have every confidence.
Sincerely,
Jay Wright
Chairman and CEO
Mobilepro Corp.
On Sun, 9 Jul 2006 11:22:43 -0700 (PDT)
> wrote:
> Jay,
> I guess I should have formatted my question to you in a
> different manner, as you elusively replied that you can't
> draw on the SEDA, past May 19th, as it expired. It
> doesn't mean your relationship w/Cornell expired. I guess
> CEO's sometimes know how to put the comforters on the
> bed, w/o the sheets underneath them. Very elusive answer,
> and quite disappointing to see this company continually
> be diluted. I'm sure you won't reply, as there is no
> possible way to sugar-coat what is transpiring w/this
> company. It's no wonder you are not able to entice new
> investors, seeing is believing, and they haven't seen
> anything but negatives concerning MobilePro.
deld, you are spot on. It goes way beyond the mention of a Fortune 500 and an IPO, imo. All one has to do is go back to the 10Q's, KSB, and Letter to SH's of CY 2005 to see the bait laid out, NONE of which have ever been close to completed, or will be, and I mean not even close.
Ample time to re-load in the .02's for an easy flip.
AIMHO
hey stockdoc, so you know the protocol for an IPO?
Please inform me, as I didn't know a timeframe (standard) was involved in an IPO.
Thank you,
zz
Sooo, crashtestdummy, +7MM dispensed already?eom.
That must be the offset PR for the 8-K,
what a freakin joke Jayboy...
ROLMFAO!
It means paradigm's group bought in wayyyyyyyy
too early, lol. You can thank Jay Wright for all the deferrments, extensions regarding CC last year. If you recall, I believe we were to start making payments last Sept., but Jay and Company kept getting extensions w/CC. As a matter of fact, we still have an extension thru June/July on one of the notes. It's going to get worse before it get's better, unless Jay pulls something out his azz, imo. Paradigm, I told you .0395 was a crazy buy, now your going to feel the wrath of Jay "bend the SH's over" Wright...
AIMHO