mPhase Technologies Inc (XDSL)

[NoMoDo]

Thing you do not understand is Durando means zilch. The company is a shell. The management agreed to clean the shell by paying off debts personally and through negotiation. After that is done, the stock has value as a clean shell. Durando will no longer have any say in the company. You keep coming here and thinking he is relevant but he could be mother Theresa or Charles Manson and it wont mean a thing because shortly, he will be gone.

If you have been following along, almost all the debt has been removed. Durando has managed to go to court and have have a large portion of the debt completely wiped out under usury laws. The rest, he has acquired money to pay for it personally. The company remains a pink current fully REPORTING company - that is huge. It is just a matter of time.

As for the patent, there is likely some value, but that value likely will not be priced into the reverse merger. The new company has not stated whether it intends to harvest that value or simply scrap it.