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.
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.
This agreement w/Sprint is for fixed wireless
It also now serves 19 markets, instead of fourteen, as this article is dated:
_________________
On June 30, 2005, Kite executed
a Master Agreement for Services with Sprint under which Kite shall provide
services to Sprint's broadband customers in fourteen (14) metropolitan markets
for a period of three years utilizing the Sprint mark. The agreement covers,
among other things, the provisioning of certain customer-facing services, such
as customer operations and call center management, sales, marketing, billing,
collection, installation and repair. Kite is entitled to have Sprint remit
collected customer revenues in exchange for these services and remit a monthly
fee back to Sprint for network support and transport services. The customers
remain Sprint customers during the three-year term of the agreement. Upon
expiration of the agreement, Kite will have the option to acquire the then
existing customers pursuant to the terms of the agreement. All network and
spectrum assets will remain the property of Sprint.
Farmers Branch suburb of Dallas, and yes,,
In connection with the acquisition of certain customer rights under an agreement
with Sprint Communications Company L.P. ("Sprint"), Kite Broadband made an
up-front payment of $6,578,550 on June 30, 2005. Accordingly, the amount of this
payment was capitalized and allocated between the value ascribed to the initial
three-year term of the agreement with Sprint, amounting to $1,966,200, and the
value ascribed to the bargain purchase option, amounting to $4,612,350.
paradigm, MOBL is having a firesale next week,
you'll be lucky to see .0395 next week, but bring your buddies mula$$$ on over here (tomorrow?), lol. Your gonna pizz some buddies off...
AIMHO!
jmalroy, I inserted a post by Mainlander from
RB a couple days back, formatted and omitted small bits and pieces of his post into a question, and emailed jay w/the questions. He didn't really tell me anything about which, if all, tranches have been used up, this was all he gave me, fwiw.
__________________
We file 8Ks within 4 days of the triggering event as
required by SEC rules. The last issuance was four days
before the filing as shown on the cover of the 8K.
crashman, I told paradigm's group that they should "sell",
and I didn't put a gun to anyone's head to do it in the first place. If I buy at .034, your damn straight I'm selling at .04, percentage gains take the place of allegiance towards any stock I invest in. Go take a walk in the park or something, you need to chill, pal, and that is just an opinion, fwiw.
enjoy your day crashman, you seem rather
upset by the flippers, it appears. You enjoy your $5 shares, and I'll enjoy my .03 shares, once I get them, and yes, I'm currently a SH as we communicate...
No,I never said it will drift to zero, crashman,
but I did say it will drift back down. (Case in point, look at today's pps). If you like talking charts and triple bottoms, so be it. I will tell you I will buy low .03's, as this is where it will go, easily and soon, I might add. You don't need TA to support my conclusions, as I have repeatedly stated, it doesn't work w/this stock right now, imo. How many times do I have to say that, lol?
Watch and see, as Tobey would say, "back up the truck"!
-of course, not at these levels...
Good luck trading crashman!
Time is NOT to buy, let it drift low .03's,
why buy a .039 stock that will be .035 today in a blink of an eye? Just because "YOUR" group bought at .035 means they should be selling at the opening, as you might get lucky and sell for .039-.04, but you better get those orders in...
AIMHO
Then wait for .03 instead of .04, why buy now,
that is bad investment advice.
pac, for this week, or the next, or the next?
I don't think we have seen it yet this week, just my opinion.
Dennisb68 on SLJB board big time, abandoned us
poor ol' lonely MobilePro SH's, left us in the dust for some other gold.
Boo-hoo...
Stockdoc, I don't ever use yahoo info. as main source of info., as I made the same mistake a couple of years ago, as you just did. A couple of years ago, they had him making over $1MM in annual salary, and I pointed that out, but slimfastjunkie quickly corrected my blunder by providing me w/sec link, I believe. For the record, Jay makes $270k base salary this year.
__________________________
John:
My base salary for Calendar 2007 is $270,000. My contract
is a matter of public record at www.sec.gov.
Jay Wright
Chairman and CEO
Mobilepro Corp.
Jay is compensated too well, for the destruction
he has caused. I wish there was a way for the SH's to out that POS!
AIMHO
Don't see it in SEC filings stockdoc, not that I
don't believe you, but could you please provide me the link?
Thanks,
Z
Mr. Wrights base salary has been
increased to $210,000 for calendar year 2005, $240,000 for calendar year 2006
and $270,000 for calendar year 2007.
Jay commits approx. 5k a month on buy program,
and Jay's salary is either 240k or 270k this year, don't recall, and to lazy to look it up. It's not an enormous salary, imo.
Cash and cash equivalents $5,877,413 em.
OT:no buyers @ .042 for a .04 stock, lol. eom.
5%- closing in on forced to buy. GLTY eom.
Never hurts to wait, crashman, can't lose too
much by waiting. I think we might be red by end of day, so that executed PR by Jayboy may be all for not. I will wait for the .03's, the IPO is wayyyyyyyyyyy down the road yet, and Cornhell is at the back door. Not too much to PR between now and potential IPO, but this is just my opinion, and I may be as wrong as right. Still, good luck, I'm certainly not wanting this stock to go down, but will take an opportunity to seize more, if possible.
Here are a couple of updated links re: CLWR
http://blog.seattlepi.nwsource.com/venture/archives/112417.asp
http://www.thestreet.com/_googlen/newsanalysis/technet/10341898.html?cm_ven=GOOGLEN&cm_cat=FREE&...
Hey spyderr, it is not definitive, fwiw,
although I think they will on Thursday, imo. Here's an article from last week, you may have already read this:
Bad timing for a Clearwire IPO?
The big sell off in U.S. stocks over the past few days may hurt Clearwire's chances of going public if the spiral continues next week. The Kirkland provider of broadband wireless is on tap to raise more than $500 million in one of the most anticipated public offerings so far this year.
It might not be the best time to go public. The Dow fell 4.2 percent this week, while the Nasdaq -- where Clearwire plans to trade -- lost 5.9 percent.
"With the turmoil in the markets and that article in yesterday's Wall Street Journal, that wasn't terribly positive, it will be interesting to see if they can get out," said Tom Simpson, a venture capitalist at Northwest Venture Associates. "I suspect they will, just based on the power of Craig McCaw and their investors, but the questionable market environment may result in a lower price than they hoped for."
Clearwire wants to price at $23 to $25 per share, but new companies usually don't like to venture into a choppy market where investors are in a selling mood. IPOMonitor says the company may try to price on Thursday.
gyspsy, it sure looks that way. I won't buy until I
see .03's, then I'll make a purchase and flip it on a penny or so gain. Jay and Co. will not keep me from making money here.
AIMHO
It's a BUY NOW when it hits sub .04's. eom.
Longmont goes commercial today! from bunker
on yahoo bd:
City goes wireless Tuesday
Subscriptions will be needed to use network; 75% of city covered
By Trevor Hughes
The Daily Times-Call
LONGMONT — The citywide wireless network is set to go live Tuesday, switching from a free service to a subscription-based one.
Cost for the service provided by Kite Networks will start at $19.95 a month for individual users. About 75 percent of the city is covered by the network right now, the company says.
Thousands of people in Longmont have already tried the network, which has been up and running for free for about a month. The network will permit anyone with the proper equipment to connect to the Internet without wires, and will serve as a competing service to Comcast, Earthlink or Qwest.
People who want to use the network in their homes will likely have to buy a $70 signal amplifier, although outdoor users who connect with laptops won’t need them.
“We can’t wait until Tuesday,” Kite spokesman Alan Crancer said. “We feel that the community is very excited.”
Right now, anyone who connects to the KiteNetFree wireless signal is taken to a company splash page, and users can then navigate away from that page to the Internet. Once the subscription service begins, users will have to pay for access via a credit card.
Crancer said small businesses interested in signing up for the service should contact Kite for price quotes.
Kite had hoped to have the entire network ready for launch by this time, but the winter’s heavy snows delayed installation of some equipment.
City government plans to become one of the biggest users of the network once officials deem it reliable. They are considering testing a variety of applications for the network, from allowing police cars to connect to central databases to wireless cameras to monitor graffiti.
The city spent no money to install the network, which is wholly owned by Kite.
Thank lihk, I'm still stuck stuck at .094, so
I figured to play a little while we wait, and yes, I'm watching ever so closely what happens EOD. My order is only good until EOD, and probably back off until I see what happens Tuesday. Looks like we will finish around .045, so a green day is a good day, as far as I'm concerned.
How 'bout dem Colts! Just paid for next years season tickets.
First play of game (super bowl) just about made me sick, but after they calmed down, all was good.
Take care lihk,
Z
I bought at .038 yesterday, looking for
.047 today, doubt I get it.
Stockdoc, well said. eom.
I listened to the CC, 5% and Mickey,
and if there was a spin-off, we would get shares, or dividend. He did not say "huge" dividend, that is a pure fabrication, so pls. get your facts straight!!!!!!!!!!!!!!!!1
Thank you.
Mickey, who said we would get a huge dividend?
Or is this simply your opinion? Your posting misleading information...
AIMHO
Bitchin at Jay was well deserved, someone has to be
held accountable at these levels, and he does work for the SH's. CC was average, we will stay around these levels, pending Toby. As I said last week, the triple bottom some of you were saying would happen, either last week, or this week, well...let's just say it didn't happen. Oh well, TA works on some penny stocks...
what value will MOBL become as well? em.
NO. eom.
sure doesn't, invitro. eom.
Good, rid Davel, if possible...
interesting, ProGames merging???em.
Jerry will not be at the call. eom.
Anything north of .56 was a listing scenario,
requires a 1 to 9 RS, SH's voted on this. Getting to .56 is another scenario in itself.
AIMHO