InvestorsHub Logo
Followers 4
Posts 2321
Boards Moderated 0
Alias Born 09/09/2006

Re: None

Thursday, 02/23/2012 4:32:39 PM

Thursday, February 23, 2012 4:32:39 PM

Post# of 17378
8-----I agree, we need some accounting for everything that's happened. With our 35% ownership in MLOG, we should have some equity unless it's been sold off and the money turned over to the people/companies that MOBL owes money to.

As far as listing, it doesn't mean much of anything anymore. If some company comes along and wants to buy it as a shell company, it could be relisted. The big problem is that the shareholder equity could turn out to be zero.

I wouldn't invest a penny or a moment of time in trying to pursue MOBL management. MOBL management hasn't done anything wrong. Even if someone found a half dozen violations, the SEC wouldn't do a thing about it. Companies listed on the .OB or .PK are seen as extremely high risk companies and not held to the same standards as NYSE or NASDAQ companies. No one should be crying about MOBL's wild schemes and the resultant failure. If you want accountability, invest in companies under the auspices of the SEC. The SEC will do absolutely nothing about MOBL.

stockdoc

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.