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Re: crashman post# 15814

Friday, 07/17/2009 9:31:46 AM

Friday, July 17, 2009 9:31:46 AM

Post# of 17378
The situation is bad enough with YAG being ready to foreclose on the original principal of $13 million. What's even worse is that YAG could keep MOBL on the string long enough to dig into anything MOBL gets from the DAC case. At 24% per annum, all that YAG has to do is let this situation go on for a couple of years and just sit back and wait to see how the DAC situation plays out.

I find it unbelievable that Jay couldn't find a buy for the CLEC business in all this time since USA backed out. It's almost as though Jay was working more in behalf of YAG than he is for MOBL.

stockdoc
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