Cougar,
Some say that blind loyalty will always be rewarded. Maybe that will hold true for you. You are IMO correct to say that that time is running thin for MOBL. If their management does not soon execute and carry out the plan they have laid out, the dilution caused by the equity financing (flooding of common stock shares) will consume what's left of the company.
Like you, I am in deep here and will stay the course to the bottom. Maybe Jay can really pull the rabbit from his hat. Kite will spin-off/IPO, and the planned divestitures will occur. As some have already mentioned, If Jay pulls it off, he's a Wall Street God..If he fails, he's a back alley goat.
I he is found to be a scam artist, He hopefully will serve time and become a wonderful loving cell-mate to a caring axe murderer...LOL.
Anyway, Hope this goes well for us all,
JB