Mobilepro Corp (fka MOBL)

[stockdoc68]

The filing that they did yesterday was to just switch payments from the first loan to the second loan that they had previously deferred to July '07. Of course, the loan repayment amount it still $250K per week. The 8-K's that everyone's scared of are those showing that MOBL's going to use MOBL stock to help make loan payments.
Personally, I think yesterdays price decline was because a lot of investors didn't bother reading the most recent 8-K and just assumed it was about Cornell payments.
From what I read and understood, MOBL switched payments from the first loan to the second loan so that the repayments would be based on the .175 conversion price instead of the .275 conversion price which would be a good move on MOBL's part. Maybe I'm wrong on that.