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.
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