I have added another 200k, so I am running out of cash, so it is definitely my last buy.
Jay better pull a rabbit out of the magic hat tomorrow.....
At least he was smart enough to get a 1 percent bonus on all the acquired companies that are decreasing in revenues and in value. No intrinsic value in sight yet, but maybe we miss knowledge about the bigger picture.
I trust that Jerry is the right man to turn aroud all the MuniNetworks towards black while Jay should continue to push for a favourable financing. Lets hope the best...
As for the telecom business I would hope they acquire a well known CEO with a lot of experience in running telecom business and turnaround experience to drive the business towards profitability, increase sales and decrease costs and bring in more professionalism through management. As from customer view the website of Closecall looks really horrible.
Jay and management have bigger plans for Mobilepro although they were too optimistic regarding the timeline. I am willing to wait longer as it can´t get worse.
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