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Monday, 12/28/2009 10:33:37 AM

Monday, December 28, 2009 10:33:37 AM

Post# of 17378
So, what's going on with MOBL??? Well, there are some things worth noting.
The first is the auction. According to Jay, the AFN and CCA are to be put up for auction late this month. Presumably, this is in response to the YAG call for payment of the loan. Whether the auction is a good thing or a bad thing, I guess we'll just have to wait and see how that works out. It could work out that it's enough to pay off the loan. On the other hand, it could turn out to be a fire sale.

On the DAC, it sounds like there's some progress, but it really seems to be a struggle.

stockdoc
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