Mobilepro Corp (fka MOBL)

[zgoldies2]

FWIW,

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.