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DesertSon

03/27/07 1:22 AM

#8358 RE: jbwins #8357

What I don't understand is why MOBL didn't just dump a ton of shares at .10 and pay Cornell off completely. Now the dilution is 3x that much and the SP will continue to go lower as long as this is hanging over our heads. What is the point of just paying off a little bit at a time when you know it is just going to be more painful every week? Am I missing something?
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crashman

03/27/07 8:32 AM

#8361 RE: jbwins #8357

Wrong, its $250,000 + interest
If you count the 7% discount alone it's .3454