Mobilepro Corp (fka MOBL)

[DesertSon]

I think they released the 10-Q after hours on Friday because it is a total disaster. I don't see how MOBL gets out of this mess without an angel investor of some kind. Most of the biz units are in significant decline and the muni wireless is generating virtually nothing in revenue.

As far as profitability, I had thought it would be a winner. Obviously other companies do as well, since they are also bidding on these contracts. But think about it: are you going to pay $20 a month for service you can only get on the street - and which you can get free in many locations? IMO they need to work with Cox to add "outdoor internet" to a bundle that includes the DSL most people already have. Maybe $10 a month extra to be able to go mobile.

I don't know, I just don't see how they get out of this hole and generate economies of scale for the wifi services to pay for themselves. My big fear is an r/s and more dilution. Probably going to happen without big money from somewhere. Just being realistic IMO. This totally sucks.