We agree only in part, nibbler.
1) I agree with you, and repeat that Kite in its entirety should be valued north of $25,000,000 in any near-term scenario, and so a $2,000,000 price tag for it would be a travesty.
That leads me to
2) That we're missing something, because selling all of Kite for only $2,000,000 would be far below what even Jay can do, and I can not fathom Jay, Jerry Sullivan and the BOD going along with such an obvious injustice to MOBL. Keep in mind that Jay and Jerry have huge vested interests in MOBL as well. They may make mistakes, but no one can sanely make THAT HUGE a mistake so as to sell all your future dreams for a pittance!
To me, there is only one plausible explanation left, which is that there is something that we're missing and mis-interpreting.
I hope Jay follows last week's precedent of releasing a 'depressing' SEC filing after market close, only to deliver the positive follow through during pre-market during the next business day ...
I speak only for my own portfolio, but I intend to hold all my MOBL shares until I get a clarification that indicates to me that I should do otherwise.
Tonight's SEC filing is literally 'incomprehensible' to me, and I choose not to act on things that I don't understand well. At these and lower share prices, MOBL is a HOLD for me unless I am given concrete information to the contrary...
Take care, and happy investing/trading to all!
AI
