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Re: edster1 post# 8874

Tuesday, 05/01/2007 4:56:48 PM

Tuesday, May 01, 2007 4:56:48 PM

Post# of 17378
Approx. $6 million will give you a controlling interest in this company. One could spend $6 mill, take control of the board. Stop the build outs, return to profitability, sell off each piece of the company and easily triple your 6 mill, especially considering revenues are around $100 mill. The common shareholder still gets screwed, but not as bad as they are now. Actually depending on the sum of the pieces, individuals, may come out okay.

Who wants to buy MOBL for $6 mill? We could wait till it drops to a penny and pick it up for even less, but why be greedy, it should be easy money at this point. We have to maintain a controlling interest for this to work.

Think there is anyone else looking at this possibility? Cornell deals with all kinds of people, so it's possible.
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