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thesmalls

04/23/14 12:33 PM

#128 RE: justicewillbesoon #126

i will briefly address (again) your request but before i respond to your posts/inquiries further - you will need to publicly clarify the following:

are you in any way, shape, or form a member, contractor, paid contributor, employee, or former capacity of any of the above to Nutroganics, Microlog, or MobilePro? are you in any way, shape, or form connected to Wright(W), Sackler(S), or Meccarelli(M)? have you ever been paid in any way, shape, or form by any of the three or any firm that represents them in any way, shape, or form? finally, separate from the above but critical to the discussion - what was your interest in MobilePro as you were an active poster on the board and a seemingly ardent supporter of Wright and the company/stock?

yes - this is very important to me and anyone on this board to know. you continue to refuse to objectively answer/address why you are positive on this company. other than $3MM in revenues (that is not able to be confirmed) by an acquisition (that we do not know the financial details about how it impacts the shareholders), you have steadfastly refused/ignored to provide any objective analysis of why you are long/bullish on the potential of this company. i on the other hand, have outlines specific, detailed reasons and figures as to why i do NOT support the company,mgmt, directors. the nagging conclusion is you are somehow connected to the company/personnel. so - clarify the above in unequivocal terms - and we will have a basis for further debate.

now - to your posts. i have already provided you on several occasions my holdings. you have refused to provide ME an offer. you claim to want the shares but are not providing a viable offer. the company HAS an offer and has refused to respond in any way or even acknowledge the offer/correspondence. to that point, the company is well aware of who i am. not as this poster but unless they are completely incompetent, they can easily narrow it down to one of four shareholders as we all own well over 250K shares (i holding the least amount of the 4) and we have all been assertive in trying to hold them accountable. some have had to resort to legal means which i am currently discussing with my attorney.

if you think i am going to use an anonymous internet stock message board poster who refuses to provide an objective position for being bullish as a proxy to mgmt - you have seriously underestimated my position or competence. however, for the sake or debate and to answer you directly, $0.79/share and they are yours (or the companies). this takes into account the MLOG results they have steadfastly refused to provide and my due diligence on the settlements they have received. while i certainly do not have access to the details of those settlements, i can make objective assumptions based on similar, public IT/IP settlements to get a rough idea of the value. if those are even remotely correct - the former MLOG stock should have been worth $8-10/share based on last, reported share count (back in 2004). the company has also refused to address how the share count ballooned from the 2004 number to the 21MM that pinksheets.com is reporting for NUTT (i am assuming minimal dilution since NUTT became a trading entity).

i believe W/S took serious liberties with their fiduciary duties to the MLOG shareholders and based on their lack of follow through and steadfast refusal to share numbers between 2004-2013 - i believe they probably broke several SEC rules and guidelines with respect to the share count/restructuring of the company. long story short - there is no way they had the voting power to restructure and/or complete this reverse merger. MobilePro was the largest shareholder of MLOG stock and as far as the public trail exists - those shares are locked up in a receivership. neither W or M have addressed how where the voting authority came from to approve/move forward the reverse merger. i know the shareholders i have communicated with directly held a considerable voting block of the prior company and none were approached on a vote.

when you take into consideration W's position at MobilePro and the odd deal that was made at the time with MLOG (which made no sense from a core competency standpoitn) and then consider there has been no accounting for shares, the restructuring and inflated share count that shouldn't have been allowed, the seemingly "obvious" fact that MLOG has been very successful in litigation with their IP suits (based on they keep suing and keep settling which is public record but the settlements are not) and they never posted/filed a SINGLE instance of these material events with shareholders, and then spun off the company to go private where they then claim they do NOT HAVE TO POST FINANCIALS AS A PRIVATE COMPANY - it all is VERY, VERY SUSPECT!! throw in the fact we were spun off to an entity that was created out of thin air that had no business or assets and STILL has not provided any credibility with filing financials - and it makes for a rather clear position of being distrustful.

again - i did not buy NUTT stock - i received it in the reverse merger/spin off. i bought MLOG based on their IVR software and being on the forefront of that tech long before most people even knew what it was. past mgmt did a very POOR job of defending the IP. my assumption is W and M saw this as an opportunity and did this in the background while shareholders assumed the company was basically barely hanging on. now that they are private and have no oversight, they can take all of the revenues/proceeds from those court settlements and funnel it straight to themselves in the form of salaries, bonuses, etc and the MLOG shareholders will have ZERO KNOWLEDGE of the conversion that took place behind the scenes.

finally, i have corresponded several times with the SEC on the potential violations/ongoings between MLOG/MobilePro and M and W and will continue to do so until they come clean with shareholders on how they got to point A to B with respect to share count, disclose financials since 2004, and address the revenues/proceedings from the IP settlements. feel free to take that back to W/S on the buyout consideration of my shares. my request from them was much higher per share unless they address the gaps. since you (assuming you are completely separated) would not have access to the financials or ongoings, the risk would be completely different and thus the price difference.

i seriously doubt your sincerity in taking out my shares. as a brief but specific example - there are currently 4000 shares on the ASK at $0.255 and 4500 on the BID at $0.235. that is a $0.02 spread or an $80 premium to get 4000 shares. even though it is a 7% premium to the BID, it should be trivial if one is taking a bullish, long term position in an emerging growth company. especially when considering the stock was trading at $0.50/share earlier this year. so, it is hard for me to believe you are going to make a serious offer for $350-400K worth of stock when you aren't willing to pay an $80 premium for $1020 worth of shares. while i certainly cant my position with no volume, you by the same token, can not accumulate a serious position without inherently ballooning the price.

that being said - make me an offer.

i am rather sure that this will probably end the debate/back and forth but if you publicly clarify your position and then provide an objective analysis of where you see value in this company in lieu of any publicly available information on financial position - i will be more than happy to engage intellectual debate on the merits of each side. if you come back with some vague reply or try to arbitrarily discredit/dismiss the post, i will simply not reply further.