The sale of the CLEC division should leave them with 4-6 million in cash. maybe they will use 3 million to invest in gobility. Gobility then is essentially owned by us and it's a pure play attracting more investors. After Davel and Progames are sold they can reverse merger into MOBL.
BTW here is my calculation: CLEC-debt= 5 million cash 8 million stock Gobility 2 million stock (probably more as the mystery unravels Davel 10 million Progames 2 million ============================ 27 million equity= $.035/share
.035 time industry standard 4.7 price/book = 16 cents sp +/- after they cleaned house. Much more if they really get something going for a change.